online property management

If your property management business is getting more time consuming than ever, consider going online for your property management needs. Online property management is simpler than you think. There are many different software options out there and other services that are available for your convenience. What are some other ways you can transfer your property management services and needs online?

Advertise a Vacancy Online

It’s easy to advertise vacancies online, which is where many of your potential tenants are looking for listings. Listing your property online enables tenants to see the place before they even contact you and to ask questions and set up appointments to see the property as well. Advertising with online property management is easy because you can set up the listing yourself and upload the pictures—it doesn’t take long and can easily be reposted when your tenant leaves. Most popular listing sites let you list your property for free and reap in the benefits.

Online Tenant Background Check

Conducting background checks for online property management is simple and time efficient. You won’t need to fill out paperwork, just answer a few questions and you’ll get the results. This also provides a little more privacy for the tenant in regards to social security number, etc. Different online background checks charge different rates and provide different bits of information. Choose which one suits you and your online property management budget best.  Online tenant background checks are ideal because you don’t even have to see your tenant before you decide they’re a good fit.

Easy Rent Collection

Providing a variety of ways for your tenants to pay is becoming more and more common, so your tenants will likely expect you to be flexible in this area. Rather than waiting for the check or asking tenants for the rent, be notified instantly with online rent collection and set due dates and reminders. Plus, your tenants will have the convenience of paying in whatever way they want, be it credit card, bank transfer, or check, which makes things easier for them and will make them more likely to pay the rent on time. Find an online rent collection system for your property management that is user as well as budget friendly.

Easy Access to Records and Finances

Instead of having a paper trail to keep track of things for your property management like rent payments, maintenance requests, and applications, you can have easy access to all of these things online. Papers can get lost or damaged, but with online records, you’ll be able to simply search and have access to everything. This not only saves space and time but also increases accuracy of your records: no more guessing at what records you saved and what you didn’t, it’s all there conveniently for your online property management. Property management software also allows you to keep track of your finances such as income and expenses. Having visibility into these things will better help you to better budget your money and grow your income.

Less Time Consuming

Having online property management software to manage your rent collection, reminders, and records makes your property management business less time consuming. This gives you more time to focus on important things such as building rapport with your tenants or growing your business while still efficiently managing your current properties. With online property management, consider the fact that you’ll be able to take on even more properties now that you have software keeping track of so many things for you and notifying you when things need to be done.

Online Maintenance Requests

When maintenance requests can be submitted online, you won’t have to deal with angry tenants in the middle of the night because the door won’t lock properly. Having an online property management system also creates an open line of communication between you and your tenants, which is a great thing. They as well as you can simply log into the system and contact each other for information, problems, or check ins. This means less disturbance for you in your personal and business life and you can easily log on to the system and see the request or the information at your convenience.

When moving from manual property management to online, consider how much time you’ll save and different software solutions out there to suit your needs. Online property management is an easier way to keep track of your properties, collect rent, and do background checks, all while keeping accurate records stored online.