News, views and industry trends
What are occupancy costs?
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 o…
3 ways property management can modernize rent payments for tenants
Paymentus, an MRI partner, is a leading provider of cloud-based bill presentment, payment and communication solutions. The integrated partnership with MRI provides consumers with easy-to-use, flexible and secure electronic utility bill payment experi…
Multifamily rental growth and occupancy update August 2024
This report looks at overall occupancy levels and rental growth trends for 12 markets across Texas, Arizona, Georgia, Tennessee, North Carolina, and Florida. The first green shoots of market momentum that appeared in June continued to emerge in July.…
Multifamily mid-year rental growth and occupancy update 2024
This report looks at overall occupancy levels and rental growth trends for 12 markets across Texas, Arizona, Georgia, Tennessee, North Carolina, and Florida. June stands out as a pivotal month in the current supply-bubble cycle that all markets have …
Multifamily rental growth and occupancy update March 2024
This report looks at overall occupancy levels and rental growth trends for twelve markets across Texas, Arizona, Georgia, Tennessee, North Carolina, and Florida. March brought disappointment to those anticipating the traditional start of the “fast le…
How to handle difficult tenants
Dealing with difficult tenants can be one of the most daunting tasks for property managers. From late rent payments to property damage, noise complaints, or even legal disputes, the challenges presented by troublesome tenants can disrupt the harmony …
Multifamily rental growth and occupancy update February 2024
This report looks at overall occupancy levels and rental growth trends for twelve markets across Texas, Arizona, Georgia, Tennessee, North Carolina, and Florida. Hopes were high that February would bring an early start to the ‘fast leasing season’ an…
How long does tenant screening take?
In property management, one of the most crucial steps for landlords and property owners is tenant screening. This process isn’t merely about filling vacancies; it’s a strategic measure to mitigate risks and ensure a harmonious and secure …