Property management software news, views and industry trends
The eviction process for multifamily properties
Evicting a tenant from your multifamily property is a situation that no property manager hopes to face. Circumstances such as non-payment of rent, lease violations, and property damage can make tenant eviction necessary. The complexity of the evictio…
What is common area maintenance (CAM) and why should you keep track of it?
Welcome to MRI Software’s exploration of a critical aspect of commercial property management: Common Area Maintenance (CAM). But what is Common Area Maintenance, and how does it intersect with real estate expense recoveries? CAM encompasses the…
Weaker black Friday footfall expected compared to previous years
As the consumers of New York City prepare for the magic of the holidays, attention turns to how the city will fare this Black Friday amid slowing inflation and weakening footfall performance on the day itself since 2018, which is when the retail inte…
What is the contract abstraction process and why should you automate it?
In an age where information is paramount, businesses are striving to simplify the complex. As organizations grapple with the relentless influx of information, streamlining intricate processes has emerged as a strategic imperative. One such intricacy …
What is the Revenue Assurance Maturity Model?
In the fast-paced world of business, where daily invoicing is the norm, ensuring a robust revenue management system is crucial. The Revenue Assurance Maturity Model is a framework designed to guide businesses in understanding and optimizing their rev…
Multifamily rental growth update through October 2023
This analysis looks at current rental growth trends for twelve markets across Texas, Arizona, Georgia, Tennessee, North Carolina, and Florida. Occupancy Seasonal slowness has come into play for October occupancy levels in all metro areas. A drop in t…
How to Maximize Your Residential Rental Property Occupancy Rate
In residential property management, following up on leads and maximizing occupancy are crucial to the success of your multifamily community. Maximizing residential property occupancy isn’t just about filling vacancies. It’s about securing reliable t…
What are the benefits of revenue assurance in telecommunications?
Businesses within the telecommunications industry deal with complex billing processes, especially when working in B2B conditions. Many businesses operate multiple tariffs, and – particularly for business clients – negotiate various discou…