MRI Residential Management software


MRI Residential Management suits multi-family managers looking to reduce costs while also increasing property occupancy. MRI Software has developed a comprehensive system that offers end-to-end functionality, managing everything from leasing to renewals, scheduling and more. It also offers a best-of-breed affordable housing solution with recent MRI addition BostonPost.

MRI Residential Management offers role-based dashboards which give owners, service managers, property managers and leasing agents increased visibility into the facets of the property that are important to them. MRI's Alloy platform offers a secure architecture that scales with the business.

MRI Residential Management offers a complete set of features to ensure success. Its online leasing module lets prospects view all available units and amenities; they can also fill out an application, go through the preliminary screening process and make an initial deposit. There's also a similar portal for residents to make payments online. It also automates renewals, helping companies retain existing tenants.

MRI Residential Management suits companies managing more than 500 units. Like MRI's other solutions, MRI Residential Management can be installed on the client server or purchased on the MRI SaaS platform.

Supported Operating System(s):
Mac OS , Web browser (OS agnostic) , Windows 8

27 Reviews of MRI Residential Management

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  • Ingrid from BlackStone

    Specialty: Affordable Housing

    Number of employees: 501-1,000 employees

    May 2018

    Use it ever minute at work

    Ease-of-use
    Functionality
    Quality
    Support
    Pros

    Accounting ,messages , garage info, renewing leases etc all needed right here as well as printing leases straight from MRI which is not something I had in prior job.

    Cons

    Ocasional glitchon. Occurs when printing leases where the rent amount does not show , but IT fixes that.

    This reviewer was invited by us to submit an honest review and offered a nominal incentive as a thank you.
    Review Source
  • Pearl from The Lightstone Group

    Specialty: Apartments / Multi-family

    Number of employees: 51-200 employees

    December 2017

    I have great experience working with MRI Residential Management

    Ease-of-use
    Functionality
    Quality
    Support
    N/A
    Pros

    I like the ease of doing bank recs and entering journal entries. I also enjoy the layout of the program.

    Cons

    Sometimes I find it difficult to find a specific report that I would like to use. I also don't like the fact that I can't have two reports open at once.

    This reviewer was invited by us to submit an honest review and offered a nominal incentive as a thank you.
    Review Source
  • ela from The Baker Companies

    Specialty: Apartments / Multi-family

    Number of employees: 11-50 employees

    September 2017

    Nice bells and whistles; If only it functioned

    Ease-of-use
    Functionality
    Quality
    Support
    Value for Money

    Searching for new options

    Pros

    Online leasing capability and the ability to "plug" into other software options; Has solid G/L functionality and so if the Leasing end was more functional, would be great.

    Cons

    Not intuitive to use; Feel like I need to be a programmer to create the reports I need to run the business; 45 minute hold times for EVERY support call.

    This reviewer was invited by us to submit an honest review and offered a nominal incentive as a thank you.
    Review Source
  • Ingrid from BlackStone

    Specialty: Apartments / Multi-family

    Number of employees: 201-500 employees

    June 2017

    Perfect for all residential needs

    Ease-of-use
    Functionality
    Quality
    Support
    N/A
    Pros

    Can generate leases from it
    Accounting info included.
    Easy to train and go from different screens
    It is similar to Onesite so if you already know one site you will find this one easy too.

  • Michael from Village Green Management

    Specialty: Apartments / Multi-family

    Number of employees: 51-200 employees

    January 2017

    Best Residential Management Software I Have Used!

    Ease-of-use
    Functionality
    Quality
    Support
    Value for Money

    I have worked in property management for numerous years and have experience with six different residential management products. I will admit MRI (like most) can be a little glitchy and slow at times but what it lacks in that it makes up for in the variety of reports you can pull and is probably the easiest system to correct errors in and make changes in. I personally specialize in marketing underperforming properties and so it's so great to be able to pull specific demographics about the resident population and the trends of leasing efforts. MRI is attractive, easy to use and will amaze you with the amount and type of data that can be populated and displayed. In my opinion, this system is the best for competitive leasing agents, and larger properties.

    Pros

    Huge variety of reports that are a massive help in marketing efforts.
    Easily correctable errors, to ensure accurate reports.


    Cons

    Does not allow for "paperless" resident files as easily as other programs, not able to attach PDF's into residents accounts easily.

  • Steven from Avalon Bay

    Specialty: Apartments / Multi-family

    Number of employees: 1,001-5,000 employees

    December 2016

    Great and Reliable

    Ease-of-use
    Functionality
    Quality
    Support

    I have been using MRI for almost 3 years and it's my daily lifeline for business. It integrates very seamlessly with other programs which are a huge benefit, such as MRI and LRO Rainmaker

    Cons

    I wish there was a way to view multiple resident accounts at once. Also, I wish you could adjust view settings, for example when you type a resident's apartment number I wish their phone number and email address would pop right up.

  • Connor from You Store Here

    Specialty: Apartments / Multi-family

    Number of employees: 2-10 employees

    November 2016

    Property Management

    Ease-of-use
    Functionality
    Quality
    Support
    Value for Money

    This software is nice to be able to see everything in one place. I also like how I can view it on my phone.

    Pros

    A phone app to be able to see it when you are not by a computer.

    Cons

    none

  • Nyree from Cedar regency

    Specialty: Apartments / Multi-family

    September 2016

    Great product

    Ease-of-use
    Functionality
    Quality
    Support
    Value for Money
    Pros

    I like that they are continuing to improve the product and hopefully give us everything we need. I like that they give you upgrades without having to make it yourself, and I definitely like that they changed MRI web so that it was more commercial focused versus residential.

    Cons

    When we purchased and went live with the product, we were promised things that the software didn't have. I believe that was in the hopes that it would have that eventually.

  • Pam from Hillcrest Properties

    Specialty: Apartments / Multi-family

    January 2015

    Excellent Product - Still In Implemenation State

    Ease-of-use
    Functionality
    Quality
    Support
    Pros

    I was using five different software products in the past, but MRI does it all!

    Cons

    There is nothing that I do not like about this product.

  • Amanda from Community Management Corporation

    Specialty: Apartments / Multi-family

    November 2014

    Property Accountant

    Ease-of-use
    Functionality
    Quality
    Support
    Pros

    The bank reconciliations are rather easy, and the trial balance is easy to read. It saves previously run reports for a period of time. I also like the ability to create automatic reversal entries and the recurring journal entries.

    Cons

    Sometimes, the reports won't run, it freezes up/locks up, and there is a lack of correct export from the Boston Post; I'm not sure if it's due to MRI or Boston Post.

  • Karen from Home Properties

    Specialty: Apartments / Multi-family

    October 2014

    MRI's Residential Management from a Long-time User

    Ease-of-use
    Functionality
    Quality
    Support
    Pros

    The system is fairly easy to use for all types of users. I like the ability to use SQL to query the underlying tables. There are a variety of basic reports that are beneficial in running the business.

    Cons

    The system does have a few software bugs. Workarounds need to be developed once bugs are discovered.

  • Heather from Community Management Corporation

    Specialty: Apartments / Multi-family

    October 2014

    A truely great learning experience

    Ease-of-use
    Functionality
    Quality
    Support
    Pros

    Having everything at your fingertips is pretty amazing. The functionality and clean lines of the software make navigation a breeze.

    Cons

    There seem to be some bumps in the road with getting all of the available functions to operate simultaneously. From time to time, there are hiccups, but that is to be expected.

  • Tealisha from CmC

    Specialty: Apartments / Multi-family

    October 2014

    A learning experience

    Ease-of-use
    Functionality
    Quality
    Support
    Pros

    I like the way you can drill down in some of the reports to find further information. The setup is very easy to read and follow when searching for data. I like the feature that you have both sides open in different screens at the same time (i.e. the general ledger and the payables).

    Cons

    When you run a general ledger report it doesn't show the vendor name in the description of the payable.

  • Jason from Warren Properties, Inc.

    Specialty: Apartments / Multi-family

    October 2014

    Comprehensive yet dated application, difficult communications matrix

    Ease-of-use
    Functionality
    Quality
    Support
    Pros

    MRI offers quite a wide array of modules and services and partners with virtually all industry leaders in areas where there is no native solution. Their analytics and network of professional services team members is of great value.

    Cons

    The dual interface (Windows and Web) complicates deployment and support. While the web application is scheduled to receive a more intuitive interface and search option, this is years behind and still does not address the need for the Windows application, which I was dismayed to learn is not really receiving any enhancements or a refresh. Communicating with support is a nightmare, especially with regards to long-standing cases. Even if a tech is assigned to a case, the customer is not allowed to contact this person directly by phone or email. In the event that an issue worsens and requires immediate assistance, it can be virtually impossible to get back to the individual already aware of the case. IRs can also go on for years without being addressed which clearly and negatively impacts the flow of business. Overall, it just seems the sales team is always quick, responsive, and always willing to lend extra effort while support and development can range anywhere from attentive and professional to evasive and impolite.

  • Melissa from Baldwin Real Estate Corporation

    Specialty: Affordable Housing

    October 2014

    Very User-Friendly

    Ease-of-use
    Functionality
    Quality
    Support
    Pros

    It is so easy to use and to teach people how to use. It was very easy for me to pickup when I was new. It didn't take long for new staff to learn the basics.

    Cons

    The work order system is a pain! There are too many screens to go through and it really isn't necessary for the size of our staff.

  • Colleen from Baldwin Real Estate

    Specialty: Affordable Housing

    October 2014

    User-friendly software

    Ease-of-use
    Functionality
    Quality
    Support
    Pros

    For the most part, it is easy to use and allows me to have everything about a resident at my figure tips.

    Cons

    I like closing a work order the least. It's incredibly time consuming.

  • Shelly from Baldwin Real Estate

    Specialty: Affordable Housing

    October 2014

    MRI Review

    Ease-of-use
    Functionality
    Quality
    Support
    Pros

    It's versatile and retains so much information needed for reporting. The property setup is easy to review, and they are working on giving clients the ability to modify things when needed. They continue to grow and improve the product.

    Cons

    It can be time consuming to input information, but what you get from it is worth it.

  • Jennifer from Rowley Properties

    Specialty: Apartments / Multi-family

    October 2014

    Great search options

    Ease-of-use
    Functionality
    Quality
    Support
    Pros

    It's easy search properties and has a great search engine .

    Cons

    We can't customize it. We have storage tenants on month-to-month leases and apartment tenants on yearly leases.

  • Amy from Rowley Properties, Inc.

    Specialty: Apartments / Multi-family

    October 2014

    MRI RM software

    Ease-of-use
    Functionality
    Quality
    Support
    Pros

    I like the ability to customize the reports and screen. It gives you access to your own data to do what you want with it.

    Cons

    It has an older UI and not the most user-friendly navigation.

  • Chaya from Cammebys Management LLC

    Specialty: Apartments / Multi-family

    October 2014

    We have used MRI RM for about 15 years.

    Ease-of-use
    Functionality
    Quality
    Support
    Pros

    There are many different modules and vendors that we can integrate with, which covers our complete business needs.

    Cons

    The support is weak. Some of the processes are too rigid for us.

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