Buildium

MARCH 19, 2025

When it comes to renting a property, one the most important services that all landlords should offer their tenants is the ability to make online rent payments. If you havent already, its time to explore digital payment systems for your properties.

Landlord 130

Landlord Rent Property Management Software Tenant 130

MRI Software

FEBRUARY 12, 2025

Managing rental properties can often feel like a full-time job. From tenant screening and legal compliance to property maintenance, the demands on landlords can quickly pile up and become overwhelming. Lets dive into how residential property management companies can simplify your life and maximize your returns.

Landlord 52

Landlord Residential Property Management Residential Property Management Residential Property 52

MRI Software

MARCH 5, 2025

By understanding your options, you can make informed decisions to protect your rental property investment and ensure long-term financial security. Landlord liability insurance is a type of coverage designed to protect property owners from financial losses due to accidents or damages occurring at their rental property.

Insurance 52

Insurance Landlord Rental Property Tenant 52

MRI Software

JANUARY 2, 2024

Having fire extinguishers in your multifamily property can mean the difference between a minor inconvenience and a major disaster. But are fire extinguishers required in rental properties? In this guide, we explain the regulations around fire extinguishers in multifamily properties.

Rental Property 52

Rental Property Property Insurance Compliance 52

MRI Software

SEPTEMBER 4, 2024

In this guide, we’ll dive into essential tips for managing rental property maintenance costs. What constitutes maintenance costs in rental properties? Average maintenance costs for rental property The average maintenance cost for rental property depends on property size, age, and location.

Maintenance 52

Maintenance Rental Property Landlord Property 52

Buildium

DECEMBER 30, 2024

Mistake #6: Not Taking Advantage of a 1031 Exchange A 1031 exchange lets owners or property managers reinvest the proceeds from the sale of a business or investment property into a like-kind investment in order to defer paying a capital gains tax.

Property Management 245

Property Management Property Manager Management Property 245

Bay Property Management Group

NOVEMBER 19, 2024

In some areas, that demo can be quite large. At Bay Property Management Group, we specialize in managing all types of rental properties. Our team provides full-service rental property management in Washington D.C. There is a big demographic that many people come across when renting housing: college students.

Lease Agreement 147

Lease Agreement Lease Rent Property Management 147

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. In this guide, we explain how to maximize residential property occupancy. What is a rental occupancy rate? Multiply the result by 100 to get a percentage.

Rental Property 52

Rental Property Residential Property Management Residential Property Management Property Management Software 52

American Apartment Owners Association

JANUARY 6, 2025

With favorable market conditions, evolving technology, and strong resident demand for rental properties, now is the perfect time to scale your real estate portfolio. Schedule your demo now to get started. As we step into 2025, the real estate market is brimming with potential for investors focused on single-family homes.

Real Estate 130

Real Estate Single-Family Home Rental Income Finance 130

Rentals United

JUNE 16, 2023

You can sync your PMS seamlessly with your Rentals United channel manager to combine the efficiency of a PMS with award-winning channel management and access to 60+ channels. Watch a demo to see how you can grow your business with Rentals United. Youll find your ideal PMS among our extensive range of partners.

Rental Property Management 52

Rental Property Management Property Management Property Manager Rental Property 52

MRI Software

MARCH 2, 2025

Multifamily rental properties are among the most promising real estate investments available today. These properties offer landlords multiple income streams, making them a reliable way to build wealth and reduce financial risks. What is a multifamily rental property?

Landlord 40

Landlord Rental Property Single-Family Home Property 40

Fourandhalf

AUGUST 22, 2024

Here are some things to think about when selecting your rental property management software: The Scale of Your Property Management Operations Are you managing a small portfolio of single-family homes, or do you oversee a large number of properties? Planning for implementation and transition is the final step.

Property Management Software 174

Property Management Software Property Management Property Manager Management 174

MRI Software

DECEMBER 16, 2024

Owning rental properties can be rewarding, but without the right insurance, a single incident could cost you thousands of dollars. If youre renting out a residential property, protecting your investment isnt just smartits essential. It protects against risks like fire and theft but doesnt extend to rental properties.

Residential Property 52

Residential Property Insurance Property Landlord 52

MRI Software

APRIL 17, 2024

Determining who is responsible for accidental fire damage to rental property depends on the cause of the fire and the terms outlined in the lease agreement. This insurance can cover the cost of damages to their personal property and potentially cover liability for damage to your rental property.

Insurance 52

Insurance Tenant Lease Agreement Landlord 52

MRI Software

DECEMBER 3, 2024

are rental properties? Managing these properties can be challenging, and thats where residential property management comes in. If you own a rental property or multifamily building, the day-to-day responsibilities of tenant management, property upkeep, and finances can quickly become overwhelming.

Residential Property Management 52

Residential Property Management Residential Property Management Residential Property Property Management 52

MRI Software

AUGUST 2, 2024

When it comes to selecting the right tenant for a rental property, verifying income is a crucial step in ensuring a smooth and successful tenancy. Compliance involves using background checks only for permissible purposes, such as assessing a tenant’s suitability for a rental property.

Property Management 52

Property Management Property Manager Management Property 52

MRI Software

FEBRUARY 3, 2024

This is the scenario no landlord or property manager ever wants to encounter, yet it’s an essential aspect of multifamily property management to be prepared for. Landlord insurance offers a safety net for your rental properties, protecting you against the costs of unforeseen circumstances.

Insurance 52

Insurance Landlord Broker Rental Income 52

MRI Software

FEBRUARY 10, 2025

Managing tenant turnover can be one of the most challenging aspects of rental property management. For landlords and property managers, effective residential leasing management is essential to reduce vacancies, attract quality tenants, and maintain a steady rental income. What is residential leasing management?

Lease 52

Lease Property Management Property Manager Management 52

MRI Software

MAY 22, 2024

Fire damage to your rental property can come with devastating consequences. Without the right insurance, you will be left to deal with the financial strain of repairs and the loss of rental income alone. By understanding what each policy offers, you can make the best decision to protect your rental properties effectively.

Insurance 52

Insurance Landlord Rental Income Rental Property 52

MRI Software

SEPTEMBER 10, 2024

You’ll also discover how MRI Software’s tools can streamline these efforts, making your property more profitable. Multifamily operating expenses are the regular costs that come with running and maintaining a rental property. What are multifamily operating expenses?

Insurance 52

Insurance Utilities Maintenance Property Manager 52

MRI Software

FEBRUARY 9, 2025

Managing rental properties can be time-consuming, which is why many property owners turn to property management companies for help. This guide will take you through calculating residential rental management fees, exploring common fee structures, and optimizing your costs for maximum profitability.

Rental Management 52

Rental Management Management Property Management Property Manager 52

MRI Software

FEBRUARY 20, 2024

Landlords typically cover the physical structure of the rental property and any appliances or fixtures they own against damage from insured events like fires, storms, or other natural disasters. This exclusion typically includes cars, motorcycles, and scooters, even if they are parked on the rental property.

Insurance 52

Insurance Rental Unit Landlord Electronics 52

MRI Software

MARCH 25, 2024

At its core, economic occupancy serves as a measure for the financial performance of rental properties. It measures the ratio of actual income generated by a property compared to its potential income if all units were leased at market rates. Get a demo The post What is Economic Occupancy in Real Estate?

Real Estate 52

Real Estate Property Management Software Rent Tenant 52

MRI Software

AUGUST 1, 2024

As a result, daily updates are uncommon, and the property manager takes on a greater role in handling the day-to-day management tasks independently. Hands-Off Approach and Remote Oversight Passive property management often involves overseeing rental properties from a distance.

Property Management 52

Property Management Property Manager Management Property 52

MRI Software

DECEMBER 12, 2023

Investors who are not seeking a primary residence can leverage all three units as rental properties, maximizing their return on investment through multiple income streams. For investors and property managers, the shared costs for maintenance can make it easier to manage as a rental property.

Single-Family Home 52

Single-Family Home Property Property Management Software Property Management 52

MRI Software

FEBRUARY 2, 2025

These property types offer unique benefits, depending on whether youre looking for a low-maintenance home, a rental property, or a mix of both. Choosing between a condo and a multifamily residence can feel overwhelming, especially if you’re not sure how they differ.

Finance 52

Finance Commercial Property Single-Family Home Maintenance 52

MRI Software

DECEMBER 5, 2024

For many landlords, rental income is more than just extra cashits essential for covering mortgage payments, property maintenance, and personal financial goals. In fact, a 2020 report by the Joint Center for Housing Studies found that 41% of rental property owners depend on rental income for more than half of their household income.

Rental Income 52

Rental Income Insurance Landlord Rent 52

MRI Software

MAY 10, 2024

suggests a balance between having a few available units for new tenants and ensuring the property is not underutilized. Economic occupancy is a metric that evaluates the actual income a rental property is generating in comparison to its potential maximum income. A rate close to 93.8% What is economic occupancy?

Residential Property Management 52

Residential Property Management Residential Property Management Rental Income Residential Property 52

MRI Software

AUGUST 3, 2024

Failing to adhere to these compliance standards can lead to severe consequences for business owners, property managers and landlords. Insurance Coverage Insurance coverage for property managers is essential due to the risks associated with managing rental properties, such as apartments, condos, or commercial buildings.

Property Management 52

Property Management Property Manager Management Property 52

MRI Software

NOVEMBER 4, 2024

Understanding this percentage is crucial to evaluating the financial performance of your property. Understanding and tracking occupancy expenses Tracking occupancy expenses means accounting for all the costs of keeping your rental property operational. Get a demo The post What are occupancy costs?

Utilities 52

Utilities Insurance Property Management Software Property Management 52

MRI Software

MARCH 1, 2025

Lease agreements are a fundamental aspect of managing rental properties, helping to establish clear terms and protect both landlords and tenants. Whether you’re an experienced property owner or new to renting, choosing the right lease agreement is essential for maintaining a smooth and profitable rental operation.

Lease Agreement 52

Lease Agreement Lease Landlord Compliance 52

Tokeet

OCTOBER 29, 2024

Background From Solo Operation to Rapid Growth Ryland Nelson began bnBeyond by successfully managing his own vacation rental property. His success quickly spread by word of mouth, and locals began referring their properties to him for management. This helped bnBeyond stay competitive and offer superior services at lower costs.

Industrial Property Management 52

Industrial Property Management Management Contractors Rental Management 52

MRI Software

DECEMBER 2, 2024

Did you know that nearly 50% of rental property owners in the U.S. rely on a property management company? Whether you manage a single unit or an entire multifamily building, having a solid property management agreement is essential for smooth operations.

Residential Property Management 52

Residential Property Management Residential Property Management Residential Property Property Management 52

MRI Software

FEBRUARY 12, 2024

Liability coverage: Liability protection covers you in case someone is injured in your rental property. It also covers you for damaging someone else’s property. It can help pay for medical bills, legal costs, and repair or replacement of the damaged property. appeared first on MRI Software.

Insurance 52

Insurance Electronics Property Manager Property Management 52

MRI Software

FEBRUARY 24, 2024

This package goes above the necessities of a rental property by offering additional perks that can impact tenant satisfaction and loyalty. These benefits are carefully chosen to meet the evolving needs of modern tenants, aiming to provide a more comfortable and convenient rental experience. appeared first on MRI Software.

Tenant 52

Tenant Property Management Software Insurance Maintenance 52

MRI Software

MARCH 22, 2024

Here’s a springtime home maintenance checklist for the interior of your rental properties: Check screen doors and windows It’s important to check screen doors and windows for any tears or holes. It also allows you to prioritize tasks that need immediate attention, ensuring that you are using your time and resources correctly.

Maintenance 52

Maintenance Tenant Property Management Software Property Manager 52

MRI Software

MARCH 27, 2025

Multifamily housing grants can be a game-changer for property owners looking to improve or expand their rental properties. These grants for multifamily housing provide financial support to landlords who want to develop new units, renovate existing properties, or maintain affordable housing.

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