Property Management companies today can take advantage of the latest software to make their job easier and to ensure everything gets done. Today's software options offer a number of features designed to make the management of properties much easier. Some of the features to expect include the following.
Mobile Access
A quality property management software will include mobile access, allowing managers to access their system anywhere they have a connection. This means they can easily check on maintenance or access documents when they're on the go.
Tenant Portals
Tenant portals are commonly included with the software and are intended to increase tenant satisfaction. The portals make it easier to send rent payments, view the lease, and communicate with the property manager.
Maintenance Tracking
The software can help track maintenance requests. This can include letting property managers know about emergency repairs that might be needed, scheduling other repairs, determining where the repair is at any given time, and tracking what repairs are needed most frequently.
Document Management
It is crucial to not only be able to organize documents but to be able to access them with ease when they're needed. The right software makes this easier to do, as all documents can be organized and uploaded to the cloud so the property manager can check them when necessary.
Inspections
Inspections should be done regularly to ensure units are in good condition. Software should make it easier for property managers and tenants to schedule inspections, track inspection reports, and more. It's possible to keep a close eye on inspections to ensure they are all completed yearly and that any issues can be followed up on.
Payment Processing
Property managers can use the software to process payments that might be needed. This could include vendor payments, refunds, and more. They'll be able to see bills through the software and pay them with a click of a button, so everything is paid promptly.
Automation of Tasks
It is also possible to use the software to automate a number of tasks, making the job easier for the property manager. This could include sending out reminders for rent payments, checking in on maintenance needs, and more. Once tasks are automated, the property manager will have a lot less to worry about. It's crucial to have the right property management tools to make the job easier to handle. Check out the different software options available today to find the right one to fit your needs.
Simply put, a property management software is an application designed to help property managers and landlords organize their rental properties, tenants, owners, financials and accounts.
... Other features include prospective tenant screening, options to post rental vacancies and online rent payments.
