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

MRI Software

Multifamily occupancy rates refer to the percentage of rented units in an apartment complex, compared to the total available units. This steady income helps you manage maintenance, utilities, and staff salaries effectively. What are multifamily occupancy rates? You can use property management software to streamline operations.

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Property Management Profitability: FAQs on Profit Margin

Second Nature

Also known as tenant placement services, this is the process of filling a unit so that you can get back to collecting rent, and its typically charged as a percentage of rent. of one months rent. Some companies may also charge other fees, like inspection fees, eviction fees, termination fees, or maintenance reserves.