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

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. Semi-detached homes also tend to be more affordable than completely detached homes, making them a great way to invest in multifamily properties.

Single-Family Home 52

Single-Family Home Property Property Management Software Property Management 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

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

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

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 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.

Government 52

Government Applications Applicants Landlord 52

Buildium

APRIL 7, 2025

Wildfire Preparation for Residential Properties If your renters need to leave, make sure that they know to close all windows and doors to reduce drafts in the building and remove radiant heat. This can help protect their own property and reduce the risk of damage to your building.

Property Management 246

Property Management Property Manager Management Property 246

MRI Software

APRIL 1, 2025

Condos have become a popular choice for buyers seeking affordable and low-maintenance homeownership, and this trend has sparked interest among multifamily property owners. Many landlords are now exploring the potential of converting their rental properties into condominiums to unlock new opportunities for income and investment.

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IT Property Single-Family Home Condominium 52