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Maximize your rental business with small landlord property management software

Buildium

The good news is that theres specialized software out there designed to help simplify many aspects of property management. Residential rental property landlords have a lot to gain from these advanced tools, from easier tenant management to more accurate, less time-consuming accounting.

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How to Choose the Best Property Management Software for Your Business

Fourandhalf

By clearly defining your needs, you can ensure that the software you choose will support your company’s growth and enhance your overall management capabilities. Core features are essential for the daily management of your properties and might include tenant management, maintenance management, and financial accounting.

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Why multifamily rental properties are the ultimate investment for landlords

MRI Software

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?

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What is residential property management? Roles and responsibilities explained

MRI Software

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.

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Understanding the difference between a condo and a multifamily residence

MRI Software

These property types offer unique benefits, depending on whether youre looking for a low-maintenance home, a rental property, or a mix of both. Residential multifamily homes qualify for traditional home loans, but commercial properties require higher down payments and have shorter loan terms.

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Active vs. passive property management

MRI Software

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.

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Property Management KPIs You Should Track

MRI Software

Rental Arrears Refers to tenants who have missed rent payments or paid late. Monitoring this KPI is essential for assessing financial health and tenant reliability. High arrears may indicate issues with tenant management or financial stability, necessitating timely action to address payment problems and reduce revenue loss.