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MRI Software
mrisoftware
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From the day we opened our doors, we set out to build flexible, game-changing solutions. Founded in 1971, MRI Software is a leading provider of innovative real estate software applications and hosted solutions.

MRI’s comprehensive and flexible technology platform coupled with an open and connected ecosystem meets the unique needs of real estate businesses—from property-level management and accounting to investment modeling and analytics for the global commercial and residential markets.

A pioneer in the real estate software industry, MRI develops lasting client relationships based on nearly five decades of expertise and insight. Through leading solutions and a rich partner ecosystem, MRI liberates real estate companies to elevate their business and gain a competitive edge.

Based outside Cleveland, Ohio, MRI Software is a global company with offices in the United States, Canada, Australia, Hong Kong, Singapore, South Africa, and the United Kingdom. Technology has changed over the years, but we pride ourselves on staying true to the original vision of our founders, Fred and Sid Goodman.

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28925 Fountain Parkway Solon, OH 44139 United States
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218 Posts
How lease administration teams can adapt to changing workplace dynamics
How will your property make sure that all the important leasing tasks get completed? Compliance deadlines and key lease dates won't wait until you find the right candidate - your team still needs to handle lease administration, lease accounting, and abstraction. Grow your portfolio with outsourced lease administration A key action that forward-thinking real estate executives have recently taken is to outsource more mundane, time-consuming lease administration projects. With a reliable lease administration team,... more
How lease administration teams can adapt to changing workplace dynamics
Visitor Management Software: Is It Right for You?
What is Visitor Management Software? Visitor management software is an automated digital system that tracks and captures information about who is on and off-site, ensuring you don't have someone wandering around the backend of your factory without your knowledge. Why is Visitor Management Important? For some organizations, visitor management is a critical element of health and safety and can help you respond to a crisis and make sure everyone is accounted for. Download Brochure Get the visitor management software... more
Visitor Management Software: Is It Right for You?
Benefits of Rental Management Software
To effectively monitor rental properties and daily operations, property managers and owners should use rental management software. What is rental management software? Who should use it? What are the benefits? Continue reading to find out: What is Rental Management Software? Whether you're a property manager, a real estate company or have large complex portfolios, property management is a key priority. Who needs rental property management software? It's commonly believed that an extensive real estate rental software... more
Benefits of Rental Management Software
Three ways to master the complexities of data in real estate financial reporting
Considering the huge number of reports you need to maintain, the amount of time spent on this essential reporting starts to add up. Do you find that you have to either outsource some of the work to expensive consultants, or just put off those reports that aren't necessary right away and run the risk of not having them when you need them? And what about report design? Are you spending time creating your own formats, which then have to change when your organization acquires a new property, or switches REITs, or... more
Three ways to master the complexities of data in real estate financial reporting
7 biggest property management challenges
The success of your business ultimately comes down to your communication skills. Embracing property management software can help you stop wasting resources and scale your revenue. Take advantage of smooth working processes from the front to back office through easy-to-use client dashboards, automated finances, insurance tracking, AI-powered lease abstraction, and streamlined accounting. The main cause of property management failure is an inability to deliver on the promises made to tenants. Why do property management... more
7 biggest property management challenges
Find quality tenants for your multifamily property

It’s easy to keep costs low when you have sensible renters that care about their residence, adhere to your agreement, and are happy to do minor maintenance jobs for you.

But how do you find good tenants? Where do the best ones spend their time? Let’s take a look and find out.

The importance of finding good tenants for multifamily properties

When it comes to managing a profitable multifamily property, occupancy rates are key. Tenant turnover can cost you an arm and a leg, so managing

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Find quality tenants for your multifamily property
8 proven strategies to boost tenant retention
Calculating your tenant retention rate Tenant retention rates are calculated much the same way as any user rate. What is a good tenant retention rate? For residential properties, you should aim to retain 60% of your tenants. Be flexible with good tenants Tenants who have proven themselves as reliable individuals should be granted a little bit of leeway every now and then. Pre-screen all tenants Tenant retention isn't simply about being the best property manager you can be. Tenant retention rate - FAQs Tenant... more
8 proven strategies to boost tenant retention
What is a visitor management system?
Visitor management software enables organizations to manage and account for every visitor, employee, and contractor from arrival through to the departure of the physical workplace. Modern organizations use powerful, cloud-based visitor management software, operated by front-line staff such as a receptionist, security guards or via self-service systems. The key benefits of using a visitor management system include: Authorize and monitor guests. Create a powerful first impression with multiple ways to sign-in... more
What is a visitor management system?
What is a Rent Roll? Meaning, Guide & Checklist
Rental properties increased by 8.3% in the last quarter of 2021. Rent rolls are mostly used by property managers, landlords, and real estate investment companies. They can be bought and sold on the private market to give insight into rental incomes in the area. A Rent Roll report is a great overview of costs and income – like any balance. Often, it’s what you say 'no' to that will allow your rent roll to succeed. ‘You can’t just be breaking even. It’S what you said ‘no” to that would allow your... more
What is a Rent Roll? Meaning, Guide & Checklist
What is a Rent Roll? Meaning, Guide & Checklist
Rental properties increased by 8.3% in the last quarter of 2021. Rent rolls are mostly used by property managers, landlords, and real estate investment companies. They can be bought and sold on the private market to give insight into rental incomes in the area. A Rent Roll report is a great overview of costs and income – like any balance. Often, it’s what you say 'no' to that will allow your rent roll to succeed. ‘You can’t just be breaking even. It’S what you said ‘no” to that would allow your... more
What is a Rent Roll? Meaning, Guide & Checklist
What is Facilities Management? Meaning, Role & More
Corporate facilities management is sometimes required by law to ensure the health and safety of workers or occupants: building maintenance maintenance of HVAC systems energy and water management elevators and escalators lighting fire safety plumbing and drainage The role of facilities management, in this case, is to reduce the risk of accidents and disasters, which could then result in hefty insurance costs. Some of these facility management task descriptions are not absolutely necessary and can be added or... more
What is Facilities Management? Meaning, Role & More
MRIFLIX – Property Management X Database Console

The post MRIFLIX – Property Management X Database Console appeared first on MRI Software.

Understanding and combatting “return to the office fatigue”

Businesses that have spent months inviting their employees back into the physical workspace are facing a new issue that’s been dubbed “return to the office fatigue.” Through surveys and communications with employees and applicants, businesses found that even as in-person work became possible again, many workers desired a balance of in-office and remote work as … Continued

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Four simple ways to increase multifamily lease renewals

This blog was written by KT Heins-Nagamoto, a content manager at Rhino. Rhino leverages PropTech to solve renters’ biggest financial problems, starting with the dreaded cash security deposit. Rhino advocates for renter rights in everything the company writes. Nationwide, the rental market is in full recovery mode. As the initial impact of the pandemic subsides, … Continued

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What is a CPN and how to protect your apartment community

With residential fraud at an all-time high, multifamily communities should be keeping their eyes opened for prospects applying with a CPN. Background checks and credit history reports are part of resident screening processes meant to help property managers find qualified renters in a wide pool of applicants. But fraudsters could be slipping past your community’s … Continued

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How to handle late rent payments: A thorn in everyone’s side
Late rent payments can significantly affect a property’s cash flow. If a portion of your tenants are habitually late at paying their monthly rent, you may have trouble paying your bills and covering expenses. It makes sense to some landlords to ensure tenants pay on time by charging late rent fees. But this shouldn’t be your go-to answer. Many people felt that a 'carrot' approach was much more effective in encouraging on-time payments. But late rent payments was more effective. How do you encourage good... more
What is the future of your real estate ecosystem?

When the pandemic struck two years ago, almost overnight, office workers switched to remote working and PropTech made the mainstream press, quickly becoming a business imperative. Once the real estate industry overcame the initial disruption and became comfortable mobilizing teams to work remotely, attention turned to mitigating future costs and driving efficiencies, with the main … Continued

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The changing landscape of retail real estate

The concept of ‘reinvention’ seems to be on everyone’s lips across many disciplines, many sectors, and many organizations, due to the global economy and business landscape evolving. Global challenges pile pressure on organizations to become more innovative and find ways to create and sustain success. ‘Reinventing the workplace’, ‘reinventing real estate’, and are we now … Continued

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Beyond IWMS: 3 reasons you need an extensible workplace management solution

For nearly two decades, organizations have aspired to bring all their facilities, workplace, and real estate management functions into a single IWMS solution. While this concept is a great idea, in reality, very few companies have been able to achieve it. The challenges are many – internal structures and alignment, outsourcing of major functions, and … Continued

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3 residential property tech trends to watch

Technology adoption across the real estate industry has accelerated in recent years to say the least. Keeping up with the latest residential property tech trends can be difficult, but understanding the technologies that are popular today can help your organization stay ahead of the competition. We’ve previously explored the impact that artificial intelligence (AI) is … Continued

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5 types of hybrid work schedules for your business

Two years into the pandemic, businesses across North America are in various stages of returning to the office, but employees are still expressing reticence when it comes to working full time in a traditional office environment. Considering that a recent survey indicated 52% of North American workers have health concerns about reporting to the physical … Continued

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Goodbye tradition, hello hybrid workforce

Say goodbye to spending 40 hours a week at the same desk… and embrace the new: the hybrid workforce. The traditional workforce served us well through the twentieth century. But with a global pandemic, things have changed – fast. The hybrid workforce is not entirely new. We’ve been doing this since the rise of digital … Continued

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Using proptech to address employee concerns about workplace health and safety

One of the hallmarks of the world emerging from the pandemic is workers returning to the office. For the past two years, many employees have been able to work remotely to reduce the risk of catching and spreading COVID-19. However, it’s important to business continuity and operational efficiency for employers to understand employee attitudes toward … Continued

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3 ways MRI Accounting Services empower residential properties and public housing authorities

No matter what corner of the real estate industry you occupy, your organization faces numerous challenges that can hinder day-to-day operations and lead to serious long-term problems. Without accounting services that help with efficient budgeting, accurate data, and auditable documentation, your residential property or public housing authority (PHA) could be burning through time and funds … Continued

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PropTech in 2022: 3 key trends to watch

When the pandemic struck in 2020, almost overnight, office workers switched to remote working and PropTech quickly became a business imperative. To manage the fallout of the crisis, landlords, property managers, and occupiers embraced tools that enabled COVID-safe digital interaction such as virtual tours, electronic rent payments, visitor management systems, and automated lease abstraction. When … Continued

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7 ways facilities management software improves your workday

Facilities managers who have already completed a successful software implementation look back and wonder: why didn’t they choose a CMMS (or computerized maintenance management system) sooner? With a shudder, they remember what their workday was like before having facilities management software in place: desks littered with maintenance requests, voicemails full of disgruntled calls about incomplete repairs, and … Continued

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MRI Software delivers an award-winning workspace throughout 2021

MRI Software is proud to be an award-winning workplace, recognized in the U.S. throughout 2021 by Top Workplaces for excellence in fostering a healthy, thriving workforce. 2021 was a year of adjustment – no organization was immune from shifting return-to-office plans, changing workforce attitudes around hybrid work, and a seemingly endless stream of new normals. … Continued

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No more risky business: How AI for multifamily keeps your properties safe

Artificial intelligence (AI) isn’t a dream of the future anymore – it’s here now, and it’s being used in industries across the globe, including in the residential real estate sector. Over the past several years, AI for multifamily has grown from a theoretical concept to one that’s being put into practice now, benefitting residential property … Continued

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Research shows attitudes to the future of work continue to evolve along with the pandemic

There is little doubt the pandemic has had an irrevocable impact on workplaces worldwide, accelerating the switch to remote working and the adoption of new digital technologies to help manage the transition. But are we really going to see a homeworking free-for-all from now on? Despite the fact the sudden mass shift to home working … Continued

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Your organization’s last-minute guide to ASC 842 compliance

It’s official: nonpublic real estate organizations are expected to either comply with ASC 842 by the end of Q4 2021 or start the New Year off on a sour note. A recent ruling from the Financial Accounting Standards Board (FASB) has confirmed that despite delay requests from nonpublic companies, the official deadline for these entities … Continued

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