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What is residential property management? Roles and responsibilities explained

MRI Software

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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Are Pet Deposits Refundable? What You Need to Know

Bay Property Management Group

O ur residential property management in Northern Virginia will break it down for you. Typically, they must send you an itemized list and documentation of the costs they will cover with the security deposit. Still, that doesn’t answer what happens after the tenancy. When Are Pet Deposits Refundable?

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5 residential property tech trends you must watch out for

MRI Software

Keeping up with the latest residential property tech trends can be difficult, but understanding the technologies that are popular today can help your organization stay ahead of the competition. PropTech has been one of the useful residential property tech trends for fraud prevention.

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7 DOCUMENTS EVERY LANDLORD SHOULD HAVE ON FILE

Real Property Management Choice

As a landlord, if you haven’t given much thought to the documents you keep—and those you discard—you risk being unable to defend your position in a dispute or pursue the tenant to collect damages in the event that becomes necessary. If you decide to keep these applications, Please be sure to store them securely. When did he or she pay?

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How to Keep Your Properties Safe with Multifamily AI

MRI Software

In this guide, we look at what AI multifamily is, its functions, and how it is benefitting residential property managers by reducing risk and saving time. When an AI-powered tool receives a document for the first time, it can label the data it’s been shown and then search for patterns in that data. What is Multifamily AI?

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Multifamily housing grants: Who qualifies & how to apply

MRI Software

Make a checklist of important details like eligibility requirements, application deadlines, and required documentation. Prepare required documentation Most grant applications require detailed documentation to verify eligibility and demonstrate how the funding will be used.

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How to Create Property Management Business Plan [Free Template]

Second Nature

How to create a successful property management business plan Peter Lohmann , CEO of RL Property Management , lays out three critical steps for residential property managers looking to crystalize a successful business plan: Identify your ideal clients. Go out and find leads.