American Apartment Owners Association

DECEMBER 16, 2024

In this blog post, we’ll explore the following: Understanding Why Tenants Leave Rising Supply, Increasing Competition for Residents 8 Tips to Minimize Tenant Turnover Understanding Why Tenants Leave Before diving into retention strategies, it’s crucial to recognize the common reasons tenants choose not to renew their leases.

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Tenant Property Manager Property Management Lease 246

Buildium

MARCH 19, 2025

This isn’t just limited to the monthly rent; it also encompasses other payments such as advance rent, security deposits, and lease cancellation fees. Knowing what constitutes rental income is the first step in effective tax accounting for your rental property. Rental income includes all the payments you receive from tenants.

Rental Property Management 130

Rental Property Management Rental Property Property Manager Property Management 130

Yardi Breeze

JANUARY 29, 2025

I started on the trade events team, managing relationships with associations and championing their efforts, as well as supporting the Yardi teams that attend those trade events. Now, as the marketing manager for Yardi Breeze, I work specifically with the residential, commercial and condo markets. Thats a huge number.

Property Management Software 130

Property Management Software Property Manager Property Management Management 130

Buildium

JANUARY 22, 2025

From digital advertising platforms to customer relationship management (CRM) systems, property management marketing tools are often flexible and can support different types of campaigns you may want to kick off. Buildium and Propertyware are two examples of this kind of software.

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Property Manager Property Management Management Media 130

Buildium

MARCH 19, 2025

Make sure your listing is detailed with descriptions, clear pricing, and essential property features. Pro Tip: Property management software can help you create better listings in less time and syndicate them across top listing sites in just a few clicks. These sites attract a wide range of potential tenants.

Rental Property 130

Rental Property Landlord Property Media 130

Buildium

MARCH 3, 2025

Engaging Tenants with Property Management Automation Now that you understand more about property management automation and how it works, let’s look at some ways you can leverage it to serve your tenants more effectively. Making these tasks easier for tenants increases the chances theyll stay on top of them.

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Property Manager Property Management Tenant Management 146

BetterWho

SEPTEMBER 21, 2024

Build Community: Organize events to foster a sense of community. They can log in, pay rent, or request a repair while you manage everything from a single dashboard. Automated systems: You can automate reminders for rent payments, lease renewals, and maintenance schedules. No more scattered calls or emails.

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Property Manager Property Management Tenant Management 233

Buildium

JANUARY 22, 2025

Email Newsletters Email newsletters are a great way to keep your audience informed about new properties, upcoming events, and special offers. Through email campaigns, property managers can communicate important information, such as lease renewals and maintenance updates, as well as promotional content.

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Property Manager Property Management Management Media 130

Buildium

JANUARY 22, 2025

Attend industry events, join local business associations, and participate in online forums and groups. Networking and Partnerships Building relationships with other professionals and businesses in your industry can help you expand your reach and attract new clients. To help with all these tasks, youll need the right tools.

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Property Manager Property Management Management Media 130

American Apartment Owners Association

AUGUST 30, 2024

Tasks like tour scheduling, applicant vetting, lease renewals, rent collection, and maintenance requests are prime candidates for automation. Property Management Software: A robust property management system can automate routine tasks, improve communication, and provide essential data for informed decision-making.

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Lease Property Management Property Manager Maintenance 162

MRI Software

FEBRUARY 4, 2025

It helps maintain stable occupancy rates and ensures the long-term success of your multifamily property. By applying these multifamily leasing tips, you can stand out in a competitive market and make your property more appealing to prospective renters.

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Lease Tenant Property Management Software Property Management 52

MRI Software

DECEMBER 6, 2023

Our software addresses crucial property management challenges, including lead generation, maintenance requests, lease renewals, and more. These seven tasks are ideal for property management automation, using state-of-the-art property management software that you can find at MRI Software.

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Property Manager Property Management Property Management Software Management 52

MaidThis

JANUARY 27, 2025

You need to be prepared for a significant time commitment , especially if you plan on purchasing or leasing more properties. Managing several locations and schedules, cleaning said properties, communicating with guests, promoting on social media, and handling all the administrative tasks can be demanding to say the least.

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Airbnb Insurance Property Management Software Regulation 52

MRI Software

DECEMBER 13, 2023

Here are the trends you can expect to see in 2024 for multifamily housing: 1) Increasing use of PropTech One of the most significant trends in multifamily housing is the increasing adoption of Property Technology (PropTech), specifically multifamily property management software.

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Property Management Software Property Manager Property Management Apartment 52

MRI Software

DECEMBER 8, 2023

We highlight their characteristics, preferences, and how you can attract and retain these tenants with multifamily property management software. The 5 types of multifamily renters Understanding the diverse needs and preferences of multifamily tenants is crucial for property managers.

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Property Management Software Property Manager Property Management Single-Family Home 52

MRI Software

SEPTEMBER 5, 2024

Tenants are more likely to choose and stay in properties that offer a comfortable and convenient living environment. Lease terms Flexible lease terms can also influence occupancy rates. Offering options such as short-term leases, month-to-month arrangements, or lease renewal incentives can attract a wider range of tenants.

Apartment 52

Apartment Tenant Property Management Software Property Manager 52

Tokeet

AUGUST 12, 2024

Courses typically cover real estate principles, property laws, and ethics. National Apartment Leasing Professional (NALP) : Provided by the National Apartment Association (NAA). Focuses on leasing practices, marketing, and customer service. Passing the state exam is necessary to obtain the license.

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Property Manager Property Management Management License 52

MRI Software

FEBRUARY 24, 2024

This approach can lead to higher satisfaction levels among your tenants, making them more likely to renew their leases. Prospective tenants are more likely to choose a property that offers additional perks and conveniences. This increased appeal can lead to faster leasing cycles and higher occupancy rates.

Tenant 52

Tenant Property Management Software Insurance Maintenance 52

MRI Software

DECEMBER 12, 2024

Tenant default is a challenge many landlords and property managers face, often causing financial stress and operational disruptions. Whether its missed rent payments or a lease violation, understanding why tenants default and how to address these issues is key to protecting your rental business. What is tenant default?

Tenant 52

Tenant Lease Agreement Insurance Property Management Software 52

MRI Software

DECEMBER 6, 2023

It’s crucial to explore effective renewal incentives that can encourage your existing tenants to stay and renew their leases. In this blog post, we will explore a range of multifamily renewal incentives that multifamily property managers can offer tenants. Upgrades aren’t limited to the interiors of your multifamily units.

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Property Manager Property Management Management Property 52

MRI Software

MARCH 22, 2025

In this guide, well explore proven marketing strategies for multifamily properties to help you attract tenants, boost occupancy, and maximize the success of your multifamily properties. Whether youre leasing up a new development or working to retain long-term residents, marketing plays a crucial role in keeping your units filled.

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Media Property Management Software Tenant Lease 52

MRI Software

DECEMBER 15, 2024

With tools like AI leasing assistants and digital rent portals, property managers can focus on strategic tasks while tenants enjoy smoother services. Automation bridges the gap between traditional property management and modern tenant expectations. This integration eliminates the need for juggling multiple systems.

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Property Manager Property Management Management Property 52

MRI Software

AUGUST 4, 2024

It includes building a sense of community for tenants, maintaining the property, and addressing tenant concerns. This involves engaging with tenants, organizing community events, and maintaining open lines of communication. This helps enhance tenant satisfaction and retention, ensuring the profitability of your property.

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Management Property Property Management Software Maintenance 52

MRI Software

DECEMBER 5, 2023

These features can either contribute to a positive or negative living experience, impacting their decision to stay in your property during lease renewal. For families, having a playground and organizing family-oriented events can significantly enhance their living experience.

Tenant 52

Tenant Lease Maintenance Property Management Software 52

MRI Software

NOVEMBER 4, 2024

Let’s take a look at these components in detail: Rent payments: This is the primary cost you’ll face, though it can also include extra fees, such as common area maintenance (CAM), depending on the lease agreement. By using data to highlight areas where you’re paying more than necessary, you can negotiate more favorable lease conditions.

Utilities 52

Utilities Insurance Property Management Software Property Manager 52

MRI Software

AUGUST 2, 2024

Green leases are quickly becoming the industry standard, reflecting a growing commitment to sustainability. These leases include clauses that promote energy efficiency and environmentally friendly practices, such as recycling. By introducing a recycling program, you can bring the benefits of green leases to your multifamily property.

Property Manager 52

Property Manager Property Management Management Property 52

MRI Software

DECEMBER 16, 2024

Landlords residential property insurance protects not just the building but also your financial stability, ensuring youre prepared for events that could interrupt your rental income or lead to costly lawsuits. Tenants may unintentionally cause damage, or unforeseen events like fires or storms can leave your property uninhabitable.

Residential Property 52

Residential Property Insurance Property Landlord 52

MRI Software

SEPTEMBER 7, 2024

It’s not just about covering the building itself—this insurance also provides liability protection in case someone gets injured on your property. Plus, it can cover loss of rental income if your property becomes uninhabitable due to a covered event. Discover how MRI can simplify your property management process.

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Insurance Property Rental Income Landlord 59

Propertyware

NOVEMBER 21, 2023

Even when a software solution is as customizable as Propertyware , there still may be a few aspects of your business you’re still using other programs to run. But what if you could pull information from those programs into your property management software, or even push information out to spreadsheets or other programs?

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Property Manager Property Management Property Management Software Management 52

MRI Software

SEPTEMBER 11, 2024

Embrace technology: Incorporate multifamily management tools , like those from MRI Software, into your operations. These tools can streamline everything from rent collection to lease renewals, making your life easier and your tenants happier. Plan for upgrades: Periodic renovations can keep your property competitive.

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Real Estate Transportation Tenant Apartment 52

InveServe

MAY 16, 2024

Property owners must build strong tenant relationships through effective communication, prompt maintenance, and addressing concerns to decrease tenant turnover. This creates a feeling of community, encouraging tenants to renew their leases. These gestures can motivate tenants to stay longer and foster loyalty.

Property Manager 52

Property Manager Property Management Management Property 52

MRI Software

SEPTEMBER 18, 2023

From office buildings and retail spaces to industrial complexes and leisure facilities, effective commercial property management is crucial for maximizing value, ensuring tenant satisfaction, and maintaining profitability. That’s why MRI Software develops smart solutions for the property sector.

Commercial Property Management 52

Commercial Property Management Commercial Property Property Manager Property Management 52

MRI Software

FEBRUARY 16, 2024

By incentivizing your current tenants, you can potentially access high-quality tenants to sign new leases. You will gain the information you need to enhance your tenant acquisition strategy and build a thriving community at your multifamily property. It will offer rewards to tenants for successful referrals that lead to new leases.

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Tenant Property Management Software Lease Property Manager 52

Florida Property Management

SEPTEMBER 11, 2023

Remote work has spurred the development of communication tools and platforms that facilitate seamless interaction between property managers, tenants, and property owners. Property owners can receive real-time updates on their investments, including financial statements, occupancy status, and maintenance requests.

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Property Management Services Property Manager Property Management Management 52

MRI Software

DECEMBER 5, 2024

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. So, what happens when an unexpected event, like a fire or storm, leaves your property temporarily uninhabitable and your rental income at risk?

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Rental Income Insurance Landlord Rent 52

MRI Software

SEPTEMBER 2, 2024

In today’s competitive property market, standing out is more crucial than ever. Properties with strong brand identities can see up to 23% higher rental income and 20% faster lease-up rates. This means that multifamily branding not only attracts potential residents but also significantly enhances property value.

Apartment 52

Apartment Media Residential Property Management Residential Property Management 52

MRI Software

DECEMBER 14, 2024

What role does automation play in multifamily property management? Automation is a game-changer for property managers, helping streamline repetitive tasks and enhance tenant satisfaction. Multifamily property management software can handle everything from rent collection to lease renewals with minimal effort.

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Property Manager Property Management Tenant Rent 52