Artificial intelligence experts always talk about how this technology will transform business across every organizational level. In real estate, we hear a lot about how property owners and operators can reduce operational costs and boost profitabilit… The post What can future AI-enabled real estate investment look like? appeared first on MRI Software ..read more

Investing in commercial property is a powerful way to build a diversified real estate investment portfolio. Commercial real estate has significant profit potential, but it also carries risks. With the right strategies, you can effectively identify, a… The post Commercial real estate risk management: A strategic approach for investors appeared first on MRI Software ..read more

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… The post 3 ways property management can modernize rent payments for tenants appeared first on MRI Software ..read more

What do successful investors like Ben Miller, co-founder and CEO of Fundrise, or Jilliene Helman, co-founder and CEO of RealtyMogul, have in common? They both knew that real estate is key to a strong investment portfolio. But they also recognized tha… The post How to invest in real estate without buying property: Smart corporate investments appeared first on MRI Software ..read more

As an investor, the idea of earning a steady monthly income from rental properties can be very appealing. However, real estate investing comes with challenges. You’ll need to manage maintenance costs, deal with tenants, pay taxes, and handle other fi… The post REIT vs real estate crowdfunding: An investor’s perspective appeared first on MRI Software ..read more

When it comes to selecting the right tenant for a rental property, verifying income is a crucial step in ensuring a smooth and successful tenancy. For property managers, this process is not just about confirming that a tenant can meet their rent obli… The post How do property managers verify income? appeared first on MRI Software ..read more

Move management is a critical, yet often overlooked, component of property management that involves coordinating and overseeing the relocation process within or between properties. Whether it’s a residential tenant shifting to a new flat or a c… The post What is move management appeared first on MRI Software ..read more

Understanding the intricacies of asset management is crucial for maintaining and enhancing the value of your assets. A pivotal aspect of effective asset management is the concept of levels of service, which serve as a cornerstone for strategic planni… The post Levels of service in asset management appeared first on MRI Software ..read more

The world of multifamily property management can be challenging without understanding the responsibilities of a condo board vs property manager. With over 70% of U.S. households living in communities governed by condo associations, their efficiency d… The post Roles and responsibilities of condo boards vs. property managers: Key differences appeared first on MRI Software ..read more

Effective Gross Income (EGI) is a crucial metric for landlords and property managers in multifamily real estate, offering a clear picture of a property’s financial health. Representing the total income generated by a property after accounting f… The post What is effective gross income: A landlord’s guide to boosting profitability in multifamily properties appeared first on MRI Software ..read more