4 Technologies to simplify managing your own rental property
Technology today can help make managing your own rental property processes faster, consistent, easier and safer for everyone.
The following 4 technology tips can be implemented by rental property owners to simplify processes and increase efficiencies in business for you and your tenants.
- Property Management Software
A good Property Management software will allow the tenant’s experience to be streamlined. Online Payments, Reports and History will allow tenants to get the most accurate and up to date information. This software is key for property owners to keep all their financial information, tenant and financial information in one easy to access location. One such affordable starter software is Rentec Direct
- Virtual tour software
Creating virtual tours is a great way for prospective tenants to view the property prior to scheduling a showing. This eliminates unnecessary showings for those prospects who find the property unsuitable for their needs. One such option, Richtours offers do it your self tours.
- Background Investigation Software
A comprehensive background investigation software can help you make sure you are placing qualified tenants into your properties. This single element will reduce cost, increase tenant longevity and weed out costly delinquencies and future evictions. You might appreciate a product such as Equifax Tenant Screening to suit your needs.
- Maintenance Portals
Maintenance portals allow your tenants to log maintenance issues anytime, day or night. This software allows you, tenants, vendors and owners the ability to communicate and track the maintenance process from initial request to final Invoice. A product such as Property Meld may be just what you need.
At Blue Roof Property Management we employ a variation of all these products and more. They augment effective completion of our proprietary processes and procedures to effectively manage our clients properties.
Note: We do not endorse any of the products listed above. Please conduct your own research to determine if they will benefit your business.