Property Management Software

Summer Is Right Around the Corner Time seems to be moving quicker these days and summer will be here before you know it. Now is the time to start preparing your rentals for what summer brings. HVAC During the summer months, HVAC systems kick into high gear. Servicing your HVAC will help ensure it runs at its highest efficiency. Summer time is not the time you want ‘preventable’ problems with your HVAC. Be sure to flush out your drain lines, remove any overgrown plants & weeds around the exterior units as well as replacing the filters every 1-3 months (depends on your filter types). Smoke Detectors Now is a good time to replace those batteries in smoke and carbon monoxide detectors. Replace the detectors if they are more than 10 years old. Appliances Pull out your appliances and vacuum out the dirt and dust behind them. Be sure to vacuum the refrigerator coils as well. Ceiling Fans Most ceiling fans have the option to reverse the...

Create Your Own Lease? Whether you create your own lease, use a state-specific template or have your legal team draft a lease, there are some key items that should be included. The lease agreement is what contractually connects a tenant to one of your rental properties. The lease outlines the expectations and rules of this relationship, no matter the length of time. You may already have all these bullet points plus some in your current lease. Consider reviewing your leases and tweak as needed. Tenant Demographics & The Basics As property managers , it’s up to you to make sure this information is accurate. This includes your company information, tenant’s information such as contact phone #s and your property information and description. Include and confirm the lease terms, start date, end date, rent increases etc. Specify the due dates on all charges and clearly define the late fee policies. Other Occupants Be sure to detail any ...

Managing commercial properties can prove to be challenging. This is especially the case whenever multiple properties are concerned. Imagine being in charge of over six large commercial buildings. Without a doubt, you may end up being overwhelmed by such a responsibility. In the end, you may make losses or even fail to successfully maintain the wellbeing of your property. Fortunately, there are certain steps that you can take to successfully maintain your property. This applies to all kinds of properties including warehouses, flats, farms, boarding houses, hotels, and villas. The method is clearly described below along with the best ways to get the right results out of it. Using software to manage properties Generally, managing properties of any size depend on a number of things. In some cases, they depend on the number of tenants that are occupying the property. It is well understood that managing a significant number of tenants is usually a great challenge....

Location Doesn’t Matter Whether you own rental properties in California, Georgia, Oklahoma or Florida, storms are a normal part of our weather cycle. Along with these storms comes the fact of flooding. Flooding is a problem in every state across our country. When these storms and floods come, it only takes a few inches of water to cause damage to your investments. Education and Resources As property managers , it’s your responsibility to advise your tenants about flood preparation. You can find helpful hints about flood risks and preparation for your rental property from Floodsmart.gov website You can also send this link to your tenants for a guide to flood preparation . This guide is offered by FEMA. This guide includes statistics on flooding, warning signs for bad weather and preparing for emergencies. Knowledge and preparation will help ensure that your tenants stay safe as well as helping to protect your rental properties. Whether you are a pro...

Web-Based Property Management Software Integration with Dotloop PropertyZar , an affordable web-based property management software announcesour integration with industry leader, Dotloop ®. PropertyZar is a fast-growing property management software solution and with this latest integration, PropertyZar can provide property managers with transaction management. This integration allows property managers and landlords to transfer data from PropertyZar into Dotloop®, which will then autofill leases and contracts. This will save the landlord time by eliminating the need for duplicate data entry. PropertyZar simplifies the managing of real estate properties. PropertyZar includes these key features: · Online Payments · E-Leases (now with Dotloop®) · Work Order management · Communication via Email or SMS · Apps for Onsite Property Inspections, Owners, Tenants and Vendors · Complete Accounting · Property advertising/syndication · Schedule Appoint...

If you own rental properties, you understand the challenges that’s involved in the management of them. Managing local properties, is doable however if you are an out of state owner, managing rental properties becomes very difficult. That might be the time to hire a property management company. A long-distance property manager is not a slam dunk either. There are some things to consider for a successful relationship. Here are a few: How to Find the Right Property Management Company A property management company can make or break you on your long distant investment property. A management company needs to be your business partner and be your boots on the ground. They will oversee your investment and that includes taking care of the property as well as keeping your tenants happy. Property Inspections Be sure to ask how often they do onsite property inspections . It’s amazing to learn that some property managers never inspect the property after the init...

The 3rd largest group of renters now fall in the 60+ age group. This has increased by over 42% over the last 10 years. The aging tenant trend will probably increase over time. 60+ renters are the fastest growing group of tenants. What’s Driving This One obvious answer is the decline in home ownership. Many seniors are deciding to rent instead of buying or remaining homeowners. Reasons such as the cost of home maintenance , choosing to downsize etc. So, with the rise of senior tenants, what should you do to prepare for the next 10 years. Housing Challenges For Seniors Seniors face challenges that are unique to them. Challenges include the physical property as well as affordability and availability to medical services. How To Prepare Your Rental Unit For Older Renters Consider non-slip flooring in key areas inside and outside Fix any trip hazards such as uneven walkways, and tiles Add ramps where needed If stairs exist, make sure you install ha...