article thumbnail

Differences Between Commercial Property Management vs Residential Property Management

Property Management Inc.

Commercial Property Management Commercial property management focuses on properties intended for business use, including office buildings, retail establishments, and industrial sites. These properties generate income, accommodate businesses, and support trade.

article thumbnail

What Is Property Management Accounting?

California Pacific Realty

This specialized branch of accounting goes beyond basic financial tasks, meticulously handling all the financial aspects involved in managing real estate properties. Property management accounting is a specialized branch of accounting that focuses on the financial activities involved in managing real estate properties.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

5 residential property tech trends you must watch out for

MRI Software

Providing flexible digital services Flexible digital services in PropTech represent how real estate operations are catering to changing consumer preferences. These services allow tailored experiences, such as personalized communication channels, online payment portals , or on-demand property maintenance.

article thumbnail

Multifamily vacancy rates explained: A guide for investors

MRI Software

Plus, find out how real estate property management software can help when dealing with multifamily vacancies. Multifamily vacancy rates measure how many units in a property are unoccupied compared to the total number of units. What are multifamily vacancy rates?

article thumbnail

Investor’s guide to multifamily real estate syndication

MRI Software

This makes multifamily real estate syndication an attractive option for investors looking to tap into the lucrative world of large-scale property investments. We’ll also cover the risks, how to get started, and how real estate property management software could help you.