Time and Effort Saving Features of Property Management Software
Property management software allows the landlords or property managers to enhance their work standard and quality. Property managers have to deal with many duties ranging from vacancies to late paying tenants to compliance of laws. Property management is a bumpy ride, which never stops.
Property management software does more than just property management. It is designed to assist you performing routine tasks like rent collection and managing maintenance request. In addition, it helps to run reports and maintain records, an indispensable assistance at tax time.
You may be concerned about the significant capital to install the hardware and software along with the ongoing operation and maintenance expense. Fortunately, cloud-based property management application is an affordable option. There is no need to install, you just need to log in to access information and the rest is taken care of by the cloud service provider. Property management software is a kind of automated personal assistant.
Why you need property management software?
Work less & enjoy life more
Veterans have experienced managing their properties on paper or Excel sheets for years and why should they change now?
Well, property management software like www.rentecdirect.com is a simple and affordable solution, where you can manage properties, marketing and accounting in a single place from anywhere at any time and from any device.
How each area gets covered?
Doing the books
Excel spreadsheet needs manual updates but using property management software you get a comprehensive financial graph of the rental properties and owners. You can easily keep real-time track of the income & expenses as well as attain financial information on-demand.
Automate routine task
Managers find less time because of administrative tasks like faxing, copying and mailing checks & reports along with doing repetitive data entry. With a full service automated property management system they save time and can focus on tasks to protect as well as improve their property. It includes marketing, visiting other properties, and interacting with owners and the tenants.
Maintenance requests
Accepting and responding to tenant’s maintenance request instantly allows you to assign tasks to the maintenance staff. With status updates and clear paper trail you are prepared to face litigious tenants with puckish pet. Notifications from tenants about urgent maintenance issues on property like malfunctioning furnace or leaky toilet gets addressed instantly before they turn into major expensive issues.
Payments
Accepting payments online is the best way to avoid any untruthful tenant claims of cash payments. Thus precious time to handle the dishonest claims (no records) and trips to bank gets eliminated.
Access to information
Most of the property management systems are integrated with mobile platforms. This allows managers take care of their properties on the go.
Marketing & screening new tenants
Property management software allows automating process of advertising vacancies, handling rental applications, as well as conducting background checks. As soon as the applicant becomes your tenant, the software helps you manage this relationship.
Busy and property owners living in another state can keep tab on their investment 24/7 with advanced web-based property management software. Web based systems collect stored information from files and spreadsheets including accounting information, tenant application data, owner reports, work orders and incorporates it to a sole user-friendly platform.
