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Multifamily property lease audits: Best practices for landlords

MRI Software

Lease audits play a crucial role in ensuring accuracy and efficiency in multifamily property management. They help landlords uncover discrepancies, verify compliance with lease terms, and maintain better financial control over their property. What is the purpose of lease audits?

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Do You Know WALT (Weighted Average Lease Term), the Commercial Real Estate Guy?

Esquire Property Management Group

Weighted Average Lease Term for Commercial Real Estate Weighted Average Lease Term, commonly referred to as WALT, is an important metric that commercial real estate investors and commercial property managers are well-versed in, or at least they better be.

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

MRI Software

Offering short-term leases or furnished units can also boost rental income, as these options often command higher rents. Utilizing multifamily management tools can streamline operations and improve tenant satisfaction. With MRI Software, you can streamline your property management processes , reducing manual work and errors.

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More data, more problems: The need for collaboration across real estate teams

MRI Software

Information comes from leases, work orders, energy usage alarms, sensors, and more. Making strategic decisions in a sea of uncertainty keeps real estate leaders awake at night. These unique identifiers may be at the property or lease level, depending on the amount of detail in your data. Define the data rules.

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The Best Ways to Find Housing in Chula Vista

McKee Properties

Work With a Property Management Company One of the most effective ways to simplify your housing search is by working with a reputable property manager. McKee Properties, a trusted name in real estate management, offers personalized services to renters and property owners.

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How to Become a Property Manager: 8 Steps to Kickstart Your Career

Tokeet

Covers topics such as tenant relations, property maintenance, and legal aspects of property management. Relevant Courses and Certifications Certified Property Manager (CPM) : Offered by the Institute of Real Estate Management (IREM). Recognized globally as a mark of excellence in property management.

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12 Tasks for Property Management Automation

Second Nature

Lease renewals Automating lease renewals allows property managers to streamline communication with residents when their lease is going to end soon. Various tools on the market can automatically generate renewal reminders, send them to residents, and draft lease agreements for electronic signatures.