MRI Software

AUGUST 5, 2024

As a landlord or property manager, it’s essential that you meet these multifamily housing trends to attract and retain tenants. In this guide, we highlight the multifamily technology trends that are here to stay and why they are essential for modern residential properties. What is multifamily technology?

Tenant 64

Tenant Property Management Software Residential Property Property Management 64

Second Nature

DECEMBER 16, 2024

Property Management profitability is, of course, how much money a property management company keeps of their revenue after their expenses. The big question is: How do property management companies increase profitability? How do Property Management Companies Make Money? Seeing whats possible.

Property Manager 52

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MRI Software

OCTOBER 24, 2023

In residential property management, following up on leads and maximizing occupancy are crucial to the success of your multifamily community. While essential to the success of your property portfolio, maximizing resident occupancy can be challenging. In this guide, we explain how to maximize residential property occupancy.

Rental Property 52

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MRI Software

DECEMBER 13, 2023

For property managers and management companies, staying ahead of these trends is crucial for success and growth. Multifamily property management software is a digital tool designed to streamline and enhance the operations of managing apartment complexes and other multifamily properties.

Property Management Software 52

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Second Nature

OCTOBER 18, 2024

Putting a precise figure on the value of a property management company can be challenging, given the changeable nature of the market. Today, we’ll be discussing how property management company value is calculated, with an assist from Jock McNeill, VP of Acquisitions at PURE Property Management.

Property Management 52

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MRI Software

MAY 10, 2024

Understanding economic occupancy and physical occupancy is essential for effective residential property management as it allows for in-depth assessment of the financial health of properties and make informed decisions. – Physical Occupancy measures the proportion of units that are occupied in a property.

Residential Property Management 52

Residential Property Management Residential Property Management Rental Income Residential Property 52

MRI Software

DECEMBER 12, 2023

Understanding multifamily properties in today’s real estate market is essential for investors and property managers. For investors, these properties present lucrative opportunities for diversifying portfolios and securing long-term income streams. What is a multifamily property? Who are multifamily homes best for?

Single-Family Home 52

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MRI Software

NOVEMBER 4, 2024

Occupancy costs, also known as occupancy expenses, typically account for 35% to 50% of operating expenses for multifamily properties. These costs include rent, utilities, maintenance, property taxes, and insurance, making them a significant portion of your overall operating costs.

Utilities 52

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MRI Software

DECEMBER 10, 2024

Answering these questions helps ensure the property resonates with your target market. Safety considerations Safety compliance is a non-negotiable part of residential property management. You should also assess the propertys structural integrity, ensuring it can safely accommodate its new use.

Commercial Property 52

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MRI Software

OCTOBER 23, 2023

Artificial intelligence (AI) isn’t a dream of the future anymore – it’s here now, and it’s being used in industries across the globe, including in the residential real estate sector. This technology reduces risk through various functions, including ID verification, insurance management, and tenant screening. What is Multifamily AI?

Property 52

Property Insurance Property Management Property Manager 52

MRI Software

SEPTEMBER 8, 2024

Understanding the distinctions and overlaps between student housing and multifamily properties is crucial for landlords and property managers. An overview of multifamily housing in detail Multifamily housing encompasses various residential properties designed to accommodate multiple families or individuals.

Property Management 52

Property Management Property Manager Apartment Landlord 52

MRI Software

MARCH 25, 2024

Economic occupancy is a crucial metric often discussed in property management and investment. Conversely, a lower economic occupancy may signal inefficiencies in property management, leasing strategies, or market conditions. appeared first on MRI Software. What if my economic occupancy is over 90%?

Real Estate 52

Real Estate Property Management Software Tenant Rent 52

MRI Software

DECEMBER 5, 2024

Manage your rental income with MRI Software’s powerful property management tools MRI Software offers a suite of multifamily property management solutions designed to make your life as a landlord easier.

Rental Income 52

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MRI Software

SEPTEMBER 2, 2024

According to a recent survey , 78% of residents prioritize customer service when choosing where to live​ Ensuring a great experience from the first day can set your properties apart. Strategies and techniques for building a brand identity for multifamily properties Branding is essential for multifamily residential property management.

Apartment 52

Apartment Media Residential Property Management Residential Property Management 52

MRI Software

JUNE 2, 2024

MRI Software are leaders in innovative real estate software and in this article, we explore how AI is reshaping residential property management software and real estate CRM solutions. AI in real estate is transforming the industry by enhancing efficiency, accuracy, and customer experience.

Real Estate 52

Real Estate Government Residential Property Management Residential Property Management 52

MRI Software

JUNE 25, 2024

From predictive analytics to personalized campaigns, AI integrates easily with real estate software to enhance efficiency and effectiveness. Whether you’re using residential property management software or other real estate software solutions , AI-driven tools can provide a competitive edge.

Real Estate 52

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Esquire Property Management Group

OCTOBER 12, 2024

Convert Your Primary Residence into a Rental Property – Golden Strategy : By moving out of your primary residence and renting it for at least a year, you can later sell it as an investment property, potentially benefiting from both Section 121 and 1031. This approach allows you to defer taxes and retain equity.

Rental Property 52

Rental Property Rental Income Commercial Property Professional Property Management 52

MRI Software

AUGUST 29, 2024

There are different diversification strategies you can consider, such as: Residential and commercial mix: Investing in both residential and commercial properties can balance your portfolio. Residential properties tend to provide stable rental income, while commercial properties can offer higher returns.

Real Estate 52

Real Estate Commercial Property Finance Rental Income 52

SparkRental

NOVEMBER 14, 2024

Who says you need a separate loan for every single property? As you scale your real estate portfolio, it can get tricky to borrow and manage individual loans for every residential property. It also limits your financing options and your ability to pull equity out of existing properties. Enter: blanket mortgages.

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