Remove Lease Remove Physical Property Remove Property Maintenance
article thumbnail

Are REITs a Good Investment: Pros and Cons

Bay Property Management Group

Real estate has always been seen as a solid way to build wealthbut not everyone has the time (or patience) to deal with tenants, property maintenance, and big upfront costs. These REITs generate revenue primarily through leasing space to tenants. Thats where REITs come in. But are REITs a good investment?

article thumbnail

5 residential property tech trends you must watch out for

MRI Software

These services allow tailored experiences, such as personalized communication channels, online payment portals , or on-demand property maintenance. By integrating with advanced technologies, such as the Internet of Things (IoT), these platforms ensure real-time control for property managers and residents.

article thumbnail

Commercial real estate risk management: A strategic approach for investors

MRI Software

Operational risks Operational risks include the challenges that arise from the day-to-day management and operation of a commercial property. These risks can directly impact the property’s cash flow, tenant satisfaction, and overall profitability. Achieving this starts with maintaining a high occupancy rate.