MRI Residential Management

3.5
(10)

MRI Residential Management is a fully integrated set of offerings designed to support the management of multifamily properties.

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MRI Residential Management Reviews

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Showing 10 MRI Residential reviews
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Megan L.
Validated Reviewer
Verified Current User
Review Source
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"Basics are all covered, not helpful for complex rent regulation."

What do you like best?

Batch entry and account receivable functions are pretty easy to use. I like that the buildings are separate for entities so ownership changes do not change tenant IDs.

What do you dislike?

DHCR module is not helpful, lots of errors. The ledgers are difficult to read and often are confusing to courts and judges, let alone the tenants. Cannot actually implement the MCI module into the legal rents, it still has to be manually done. Lots of glitches with renewal process and causes tons of errors and miscalculations.

Recommendations to others considering the product:

If you have a conventional portfolio, the RM module and all of its add on features are great. Not so beneficial in NYC with the regulated piece. We have not been able to transition to web yet because of the issues with classifications of buildings and other DHCR items.

What problems are you solving with the product? What benefits have you realized?

In a complex portfolio MRI is used for all 3 types of properties we have. This solves the residential portion. The work order portion has been helpful for our conventional properties.

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Justice J.
Validated Reviewer
Review Source
content

"Top-5 Residential Management Softwares"

What do you like best?

Like most software, getting used to the functionality is the most important part. MRI is a pretty smooth transition to be honest, I'm a huge fan of how easy it is to use and integrate with other products

What do you dislike?

There isn't really a mobile function making it quite hard when you want to lease on an ipad and walk around during a leasing tour. Sometimes it can also be slow, making it a little tough on a busy leasing day.

Recommendations to others considering the product:

I would still explore options but this was hands down one of the top-5 management tools i've used.

What problems are you solving with the product? What benefits have you realized?

We were using MRI as a leasing tour and reporting stand point, being able to keep track of everything in one place is where this was most beneficial. We didn't have to bounce from place to place just to pull data or information needed

What Property Management solution do you use?

Thanks for letting us know!
US
User in Staffing and Recruiting
Validated Reviewer
Verified Current User
Review Source
content

"Could be better"

What do you like best?

Ease of use. Everything is laid out pretty simply and it calculates prorates as needed

What do you dislike?

Everything should be in one place. Resident statements, info, etc.

What problems are you solving with the product? What benefits have you realized?

None, it does what it needs to do

UR
User in Real Estate
Validated Reviewer
Review Source
content

"Very user friendly and helpful"

What do you like best?

It’s really easy to learn and becomes a go to for all sorts of things that come up

What do you dislike?

As with anything it could always be streamlined. The way it connects to other applications is sometimes weird and limits use in their application. Overall not bad

What problems are you solving with the product? What benefits have you realized?

We track leases and renewals and it is very easy to use with that. No real issues at all

CH
Consultant in Higher Education
Validated Reviewer
Review Source
content

"Overall, the program is okay."

What do you like best?

The summary page is very useful for viewing overall activity of the property.

What do you dislike?

I dislike it's incapabilities of multitasking from the tabs!

Recommendations to others considering the product:

Checky their latest version. I have heard that there's a newer MRI. However, our property didn't get the opportunity to roll it out.

What problems are you solving with the product? What benefits have you realized?

It provides a simple format for leasing activity and renewal offers.

UR
User in Real Estate
Validated Reviewer
Review Source
content

"MRI Residential Management"

What do you like best?

I have enjoyed my work experience using MRI software. I like the that all charges are broken into charge codes as this makes detailing payments organized.

What do you dislike?

The software can be intimidating to use for first time users and does require a decent amount of training for proficiency.

Recommendations to others considering the product:

Yes

What problems are you solving with the product? What benefits have you realized?

MRI makes resident ledger reading easier.

UC
User in Commercial Real Estate
Validated Reviewer
Review Source
content

"straight forward "

What do you like best?

in general, this tool is easy to use and explore. also it has a lot build in functionality that allow user to choose from

What do you dislike?

lots of options. it would be great to narrow it down or only put the most common used ones up front

What problems are you solving with the product? What benefits have you realized?

explore residential properties

UH
User in Hospital & Health Care
Validated Reviewer
Review Source
content

"Needs Updating"

What do you like best?

It’s very easy to navigate. Almost property management for dummies.

What do you dislike?

It could use some updating. The program moves slowly and seems behind what other software systems can do.

What problems are you solving with the product? What benefits have you realized?

Rent issues, payment history, maintenance orders

U
User
Validated Reviewer
Review Source
content

"MRI experience"

What do you like best?

The main screen gives you everything you need to know and it's up to date.

What do you dislike?

Creating reports wasn't so user friendly.

What problems are you solving with the product? What benefits have you realized?

You realize where work needs done and where good work was achieved.

AR
Administrator in Real Estate
Validated Reviewer
Review Source
content

"Regional manager "

What do you like best?

Love the organization of incoming traffic

What do you dislike?

That if you do not zero out at move outs accounting is disrupted

What problems are you solving with the product? What benefits have you realized?

Use mri and inter grated it with LRO. Exceptional rent projector.

Kate from G2

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