Sun.Sep 29, 2024

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How to Resolve a Dispute Between Tenants Peacefully

Genuine Property Management

Sometimes, even the best-laid plans often go awry. If you are a landlord who has taken every precaution when finding tenants for your building, it can be disheartening when things go wrong. You might have done the most thorough background checks and interviewed every tenant before renting to them, but even these processes cannot prevent […] The post How to Resolve a Dispute Between Tenants Peacefully appeared first on Welcome to Genuine Property Management.

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What is effective gross income: A landlord’s guide to boosting profitability in multifamily properties

MRI Software

Effective Gross Income (EGI) is a crucial metric for landlords and property managers in multifamily real estate, offering a clear picture of a property’s financial health. Representing the total income generated by a property after accounting for vacancies and bad debts, EGI provides insights that are essential for maximizing profitability. Recent industry trends highlight the importance of meticulous income tracking and effective vacancy management.