MRI Software

OCTOBER 24, 2023

In residential property management, following up on leads and maximizing occupancy are crucial to the success of your multifamily community. While essential to the success of your property portfolio, maximizing resident occupancy can be challenging.

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MRI Software

DECEMBER 12, 2024

were behind on their rent payments in 2021? A missed rent payment can create a domino effect of financial challenges. Tenant default insurance is a financial safety net for landlords when tenants fail to pay rent. Tenant rent default insurance ensures landlords stay financially secure even during tenant-related disruptions.

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Rental Income Insurance Landlord Tenant 52

MRI Software

FEBRUARY 9, 2025

Residential management fees are payments property owners make to management companies for overseeing their rental properties. These fees typically cover essential tasks like tenant screening, rent collection, and property maintenance. These can significantly impact your overall cost.

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MRI Software

FEBRUARY 8, 2025

A master lease agreement for multifamily is a legal contract where a property owner leases an entire property to a tenant, granting them management control without ownership. The master tenant can sublease units, collect rent, and handle operations, while the landlord enjoys a fixed income.

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MRI Software

DECEMBER 5, 2024

Loss of rental income insurance is a type of coverage that helps landlords recover lost rent if their property becomes uninhabitable due to an insured event, like fire or water damage. Some policies will pay for lost rent even if the property was vacant at the time of damage, making it useful for landlords between tenants too.

Rental Income 52

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MRI Software

NOVEMBER 4, 2024

Occupancy costs, also known as occupancy expenses, typically account for 35% to 50% of operating expenses for multifamily properties. These costs include rent, utilities, maintenance, property taxes, and insurance, making them a significant portion of your overall operating costs.

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MRI Software

OCTOBER 23, 2023

Artificial intelligence (AI) isn’t a dream of the future anymore – it’s here now, and it’s being used in industries across the globe, including in the residential real estate sector. This technology reduces risk through various functions, including ID verification, insurance management, and tenant screening. What is Multifamily AI?

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MRI Software

MARCH 23, 2025

Managing multifamily properties involves everything from tenant screening and lease renewals to rent collection and maintenance. Leveraging multifamily management tools can simplify these processes significantly. By staying organized and proactive, you can reduce vacancies and improve tenant retention.

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MRI Software

MARCH 26, 2025

By pooling funds with other investors, you can access larger deals and focus on earning rather than managing. Most syndications target properties with value-add opportunities, where improvements drive rent growth and appreciation. Our solutions allow landlords to focus on returns instead of day-to-day property issues.

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MRI Software

MARCH 20, 2025

Unlike single-family properties, multifamily investments generate income from multiple households, reducing reliance on a single tenant. High home prices and interest rates have made renting a more attractive option for many families, driving demand for multifamily units.

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MRI Software

MARCH 27, 2025

Whether youre modernizing an aging property or keeping rents affordable, these grants can provide the financial support needed to meet your goals. Qualifying for a grant often depends on factors like the location of your property, the income levels of your tenants, and the specific goals of the funding program.

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MRI Software

DECEMBER 15, 2024

This vacant residential property insurance covers specific risks associated with empty homes, such as theft, vandalism, or weather damage. Knowing the difference between the two is a key part of residential property management for all landlords.

Residential Property 52

Residential Property Insurance Landlord Property 52

MRI Software

MARCH 25, 2025

AI automation with MRI Software MRI Software provides a comprehensive suite of multifamily property management tools that work seamlessly with AI leasing assistants. From online applications and automated lease renewals to digital rent payments, these solutions simplify leasing operations and improve efficiency.

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MRI Software

MARCH 24, 2025

Simple Syndication with MRI Software At MRI Software, we understand that managing multifamily properties comes with unique challenges, and were here to simplify the process. Get a demo The post Multifamily real estate syndication: How it works and why its a smart investment appeared first on MRI Software.

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MRI Software

MARCH 22, 2025

Organizing occupancy with MRI Software MRI Software offers multifamily property management software that streamlines marketing, simplifies leasing, and enhances tenant satisfaction. With tools like online applications, digital rent payments, and automated lease renewals, landlords can save time while maintaining high occupancy rates.

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