Property management software news, views and industry trends
AI and sustainable commercial real estate: driving green initiatives
AI in commercial real estate is transforming how properties are managed and maintained. At MRI Software, we are passionate about delving into the role of AI in revolutionizing the real estate industry. From enhancing energy efficiency to improving te…
AI for real estate marketing: Insights and strategies
AI and real estate marketing are revolutionizing the industry, offering new insights and strategies for professionals. At MRI Software, we love to explore how AI is transforming marketing efforts in real estate. From predictive analytics to personali…
Dwelling fire vs landlord insurance
Fire damage to your rental property can come with devastating consequences. Without the right insurance, you will be left to deal with the financial strain of repairs and the loss of rental income alone. Having insurance is a must for multifamily pro…
Building a diversified real estate investment portfolio to minimize risk
Investing in real estate can be very profitable for investors, but it can also come with risks. To reduce these risks, you should build a diversified real estate investment portfolio. Diversification helps protect your investments from market volatil…
What is building operations?
In this article, we will discover the essential components of building operations, exploring its significance in ensuring efficiency, safety, and functionality within properties. From the systems that regulate temperature and air quality to the proto…
What are hard services in facilities management?
In this post, we explore the pivotal role of hard services in facilities management, a key component in maintaining the infrastructure and operational integrity of properties. Understanding what hard services in facilities management are, from heatin…
What are soft services in facilities management?
In this article we explore what soft services in facilities management entail, focusing on the aspects that enhance the day-to-day experience within a building. Soft services include such things as cleaning, security and landscaping, all of which pla…
Economic occupancy vs. physical occupancy – Definitions, formulas, and more!
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. html {scroll-padding-top: 100px…