Property management has become much easier in recent years and this attributed to rental software. The software helps property owners to track tenant accounts efficiently and accurately apart from the fact it can also be used to market your property.
5 major applications in rental property management
1. 5 Major Applications In Rental Property
Management
Property management has become much easier in recent years and this attributed to rental
software. The software helps property owners to track tenant accounts efficiently and
accurately apart from the fact it can also be used to market your property. The other good
thing about rental software is that it can be used for end year reporting and vacancy
advertisement.
The applications provide a seamless user experience and that is why it can be integrated
with other software such as the accounting software. There are many property
management software packages but this highlight five of the best property management
software applications.
Propertyware
This is one of the best online rental software in the market property because managers
only need an internet connection and a web browser to access important data. The data
can be accessed by all stakeholders including tenants, vendors,
property owners and property managers. It is important to
note that core property management functions van be
integrated by Propertyware because it is designed to bring
customer management solutions.
The Rental Property Software has four major premium add-on modules that are very
crucial when it comes to property management. The four premium modules include
Website, Maintenance, Marketing and Management. The application is designed to support
all sizes of property business ranging from a single unit to thousands of property units.
Rent Manager Online
The application is an online property management tool that allows complete customization
and this is as a result of its gradual evolution from Rent manager in early 1980s. The
2. management can automatically market vacancies using this application. It is also possible to
make rental payments using this software because tenants only need to go online.
There is no need to worry about how to use this application because there are a variety of
training options that include in-person training, fee-based training as well free online
training. Client can use the application to manage up to 30,000 units and that is the reason
why it is has both local and international clientele. There are very few software
management applications that can be used to manage such a high number of units and that
is why Rent Manager Online is among the best in the market.
Buildium Property Manager
The maximum number of units that can be managed using this application is 1000 for every
client and it is important to point out that the system is fee-based. The program has
culture-specific customization and is in most cases used by international management
companies. Property owners can advertise vacant units or upload them to client websites.
The program does not integrate a debt collection service but is known to integrate tenant
background checks.
DIY Real Estate Solutions
The application is designed to manage a maximum of 1000 units and is also an online
integrated system. Some of the major tenant services provided by this application include
online viewing of tenant accounts, online payments, integrated debt collection service,
credit screening and background checks.
APPFolio Property Manager
The application is designed for continual improvement and that is why the system invites
new feature suggestions and at the same time gives tenants an opportunity for feedback.
The system is known to provide detailed accounting services but vendors do not have an
opportunity to make electronic payments.