Property management software news, views and industry trends
MRI Living Multifamily Glossary of Terms
Whether you’re onboarding a new team member in the leasing office or just looking to brush up on the most essential housing terms, we’ve got you covered. Consider this multifamily glossary your go-to guide for the most important terms you need to kno…
Multifamily rental growth and occupancy update January 2024
This analysis looks at overall occupancy levels and rental growth trends for twelve markets across Texas, Arizona, Georgia, Tennessee, North Carolina, and Florida. As 2024 begins, the two main factors that plagued market conditions in 2023 are still …
Does landlord insurance cover fire?
Imagine you receive the dreaded phone call that a fire has erupted in one of your rental units. Everyone is safe, but the property has suffered from significant damage. This is the scenario no landlord or property manager ever wants to encounter, yet…
A guide to revenue assurance and fraud management
Businesses with complex billing structures are particularly susceptible to revenue leakage and fraud. The intricacies inherent in their financial processes elevate the risk, as the complexity of billing systems that include particularities like disco…
Multifamily rental growth and occupancy update year-end 2023
This analysis looks at overall occupancy levels and rental growth trends for twelve markets across Texas, Arizona, Georgia, Tennessee, North Carolina, and Florida. Occupancy As 2023 ended, the seasonal slowdown continued to drop occupancy levels in a…
Do Rental Properties Need Fire Extinguishers?
Picture this scenario: one of your tenants is cooking dinner when suddenly the pot on the stove bursts into flames. A fire extinguisher is nearby, allowing them to quickly extinguish the fire and avoid any devastating consequences. Having fire exting…
What is lease abstraction and why is it important?
In the commercial real estate industry, where contracts are complex documents, often exceeding 100 pages, lease abstraction provides much-needed efficiency and clarity. Understanding these documents day-to-day is a significant challenge, especially f…
Mistakes to avoid when choosing a multifamily property management software
Multifamily property management software has transformed property management operations. This software enables property managers to streamline daily tasks, effectively manage revenue and expenses, and enhance tenant satisfaction. The key to harnessin…