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Increasing multifamily occupancy rates: Effective ways to boost tenant numbers in apartments

MRI Software

From property upgrades to community engagement and efficient marketing, we’ll share tactics to make the most of your multifamily investments and achieve long-term success. Multifamily occupancy rates refer to the percentage of rented units in an apartment complex, compared to the total available units.

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Property Management Profitability: FAQs on Profit Margin

Second Nature

Next, leasing fees are extremely common. Management companies will typically charge a fee for advertising a unit, collecting applications, screening tenants, and signing leases. of one months rent. This is higher than a lease renewal fe e, which averages $211.92, according to the survey.