News, views and industry trends
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…
7 best tasks for property management automation
Why is property management automation so crucial to the efficient running of a real estate organization? It’s because there is so much that goes into the proper management of an investment property, that property managers are going to be stretched th…
What is a Rent Roll? Meaning, Guide & Checklist
Purchasing investment properties can be a risky venture when you don’t have all the information to hand. Details can be missed, and you could end up buying a building that’s more trouble than it’s worth – with high delays in rent payments and t…
Apartment leasing tours perform better with a personal touch
Since the onset of the pandemic, apartment leasing teams have had to get creative in order to balance leasing activities with social distancing. We took a quick look at roughly 10,000 tours that took place during the traditionally busy summer months …
Reinventing the multifamily enterprise
In a recent post, we discussed the demise of the multifamily leasing office, driven by accelerated technology adoption as a result of COVID-19. The main point being that with today’s technology, much of the work associated with the leasing office no …
The demise of the leasing office for multifamily properties
In spite of COVID-19, the multifamily industry has soldiered on into the busy summer. Residents are on property in higher volumes throughout the day. Leasing has transformed into a technology-enabled process with self-guided and video tours, resultin…
Multifamily maintenance and make-ready costs in the age of COVID-19
Has your multifamily property management business started to see a positive variance in your operating budgets? Are you spending less on maintenance and turns? While it is likely that you are saving money on these expenses, you would be wise to move …
A perfect storm for multifamily
20 years ago this week, the movie “The Perfect Storm” was released into theaters. A gripping tale of a fight against unknown forces created by the confluence of a hurricane and two powerful stormfronts. In the movie, the crew of the Andrea Gail had a…