The New York City Apartment Management Checklist

Do you find yourself manually adding essential filing information into the Annual Rent Registration Online (ARRO) system? That’s hardly the most efficient way to spend your time. Fortunately, MDS has the solution to help you address this challenge in a far more efficient way while staying in compliance with the DHCR. How so? Rather than manually entering in a whole host of data, from the reason...

With its publication of the latest batch of rent-stabilized renewal forms and riders to the New York property management market, MDS Property Management Software has created, tested and released revised Division of Housing and Community Renewal (DHCR) forms in its most rapid time to date. This outcome creates a significant advantage for landlords and property managers, who can save time and...

As property managers, one of the most important touch points that you have with your clients is the package of reports you deliver on a monthly basis. A good property management report package should be easy to understand and hold up to close scrutiny.  Opening balances need to tie in with the prior month and each report should be complimentary and supportive of the others in the same package....

One simple, but very useful feature built right into the core of every MDS system that you may not be aware of is called Find Tenant’s Deposit. While you aren’t likely to need it often, it will save you tons of time when you do. Let’s discuss how this feature can come in handy at a critical moment: When a deposit goes missing and you have a tenant on the phone. Imagine this scenario: A tenant...