Property Management Software

Being a real estate landlord or professional property manager has it’s challenges. One of which is the leasing of a rental property. In this article, I will highlight the overall process then when it gets to the lease, I will go into some of the key elements you should have in any lease. First is the high level overview View Available Rental Properties –Most renters will want to walk the property before deciding to lease or not. In some cases, someone may not have that option (such as job move). Viewing the property is an important step to make sure that the property will meet their needs and tastes. Online Rental Application –next step is to complete an application. If the landlord is using a property management software, the application can usually be completed online by the applicant. An online application will save the landlord time and make this step a bit easier. Background Screening – Assuming the application is acceptable, the next step should be ru...

Why do you need an online property management software ? A few might want to argue that conventional methods are still best for managing property business. Drawing lines on a piece of paper or keeping track on an Excel file has been the traditional method for many existing businessmen. They have been either unaware or has overlooked the amazing benefits of property management software . So, let’s find out a few key highlights how a software could make business and life both easier. First of all, with the help of this software, you can really reduce your work burden. It is a realistic solution to manage all types of properties and other things such as accounting & marketing from any place at any time. With the help of a latest software: -           You can keep track of your income and expenses in the business. Getting a financial update is simple and you don’t need to update your Excel document manually. -  ...

Being in charge of a specific business is a great idea if that business is generating income. Put simply a successful business is definitely worth running. This applies to all kinds of businesses including property related businesses. The success of any business depends on the manner in which it is managed. Businesses that involve the use of property often thrive if the property is management on which they are based is in perfect shape. Based on this, the management of property is at the centre of running a business of this kind. It is for this reason that property owners have to try by all means to manage their properties in the best way possible. Otherwise, the success of their businesses may be compromised to a very significant extent. Suppose you are wondering how best you can use asset management software to manage your properties, consider the following information. What is worth bearing in mind Before you can proceed to learning about the manner in which asset man...

If you are a real estate property owner, you may or may not hire a professional property manager. Of course, if you manage your own properties, you can save the management fees that a property manager would charge. Those fees typically range from 8-12%. Even if you manage your own, it is best practice to calculate those fees into your financials from the beginning. How To Calculate Property Manager Fees So how do property managers calculate their fees? We know the % range but for what income accounts does that apply to? All accounts? Are there any additional fees? What about income accounts that are not subject to any fees? Can there be a minimum fee? What about a mixture of percent and a split? As you can see there are many ways to calculate fees for managing rental properties. Without an electronic way to track these, calculating fees on paper would be nothing less than a nightmare. Good Property Management Software A good property management software will do all these c...

For those real estate investors who hire a professional property manager, do you know how well their customer service is? Just like any business, customer service is a critical component for a successful business. Even though you farm out the property management of your real estate investments, you are still the owner and the tenants are still your customer. Customer Service Fundamentals There are fundamentals about customer service for landlords, real estate owners and property management companies. First, remember words are very important when it comes to customer service. Many times, interactions with tenants are not done face to face rather it is done via email, chat or even text. So words are even more important through these means. A poor choice of words may be forgiven if spoken face to face because your expressions can correct any mis-understanding. But words are seldom forgiven or taken the way they were intended through a non face to face method. So ch...

PropertyZar’s cloud-based property management software enables property managers and owners to scale their real estate business. With PropertyZar’s robust application, property managers can market vacancies, run background screening, accept online applications, and maintain all their accounting records by owner and/or property. PropertyZar’s web-based property management software also reduces the amount of work that is required of property managers. Managers or Owners can configure PropertyZar to: Automatically enter late fees Automatically send out owner statements Auto syndicate properties Automated recurring invoices Appointment reminders Automated asset reminders (change filters, maintenance etc.) Automated work order requests Automatically email management fee reports Rent reminders are automatically sent to tenants PropertyZar also comes with PZ Tenant , our mobile app for tenants. Using PZ Tenant, tenants can pay their invoices on...

PropertyZar is excited to announce its newest release of our property management software. This release is packed with new features for managing property vacancies as well as many other enhancements. The release of our property vacancy management software includes new integrations with Apartments.com and Zillow.com . Users have the options to set auto syndication which is sent to the top rental marketing sites on a nightly basis for maximum exposure. You can set to start advertising your vacancies prior to the current lease expiration. This option ensures you can start screening new applicants and have them ready to minimize vacancies rate. Other enhancements include: Emailed rent reminders Streamlined registration for background screening Ability to print and email invoices Create and apply credits for tenants Management fee report PropertyZar’s online lease management software allows you to quickly create leases and generate recurr...