Remove Insurance Remove Rental Unit Remove Tenant Management
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Property Management KPIs You Should Track

MRI Software

Occupancy Rate Indicates the percentage of rental units occupied by tenants. A 100% occupancy rate means all units are leased, while 0% means none are. Tracking this KPI helps evaluate leasing strategies and tenant demand trends, informing pricing and marketing decisions and aiding in maximizing rental occupancy rates.

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Understanding the difference between a condo and a multifamily residence

MRI Software

However, lenders often require additional documentation about the buildings HOA, such as financial stability and insurance coverage, to ensure the property is a sound investment. Multifamily properties face stricter financing rules, particularly for commercial properties with five or more units.

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Who Needs a Property Management Company?

American Apartment Owners Association

Then, based on the overhead numbers you have supplied to them, they can help you determine the amount of rent you will need to charge for each rental unit. Advertising: Aside from bringing in new leads from their own sources, the manager will post listings about your available unit on the property website and internet listing sites.

article thumbnail

Who Needs a Property Management Company?

American Apartment Owners Association

Then, based on the overhead numbers you have supplied to them, they can help you determine the amount of rent you will need to charge for each rental unit. Advertising: Aside from bringing in new leads from their own sources, the manager will post listings about your available unit on the property website and internet listing sites.