The RFP Approach to Purchasing Property Management Software

As someone that has seen and completed quite a few Property Management Software RFPs I can really sympathize with anyone trying to put one of these together.  The point of this exercise is of course to end up with a side by side comparison of competing systems to...

Setting a Higher Bar in New York

The more time I spend in the property management software industry, the more confident I get in the level of service and the quality of the product that we offer our clients.  Just recently, an intelligent, thoughtful prospect who’s experienced managing very large...

Who Is Shopping for Property Management Software?

A quick look at the list of our pending contracts gives a pretty good sense of who is out there shopping for property management software.  Really, our prospective clients almost always break down into several broad categories. At any given time, our team is...

How Are You Filing Your Annual Rent Registrations with the DHCR?

Well, like it or not it’s that time of year again- July 31st is fast approaching and it is time to file your Annual Apartment Registrations with the DHCR for rent stabilized apartments.  As many building owners in New York can attest, this process can be quite tedious...

Handling your Lockbox Overflow

This week, MDS installed two more Virtual Lockbox systems.  In both cases, our clients were already using a traditional third party lockbox and had decided to use this system to scan the items that ended up in their office for a variety of reasons including payments...