Property Management Software

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...

Are you managing real estate properties yourself? There are some things you can do to make this job less painful. If you are managing properties yourself, there are some things you need to know. There are processes, forms and paperwork that you will need in order to protect yourself. Start With Property Management Software This is a no brainer. A good property management software will end up saving you a lot of time & headaches with some of the tedious work that is involved in managing your properties. Property management software will also help protect you legally, should you ever need it. Consider some of these key features found in the top property management applications: Communication via email or SMS Log file of all past communications Tracking notes on tenants & properties Onsite property inspections (great for accountability) Document management Online rent payments Work order management (identify property abusive tenants) Accou...

Do you manage real estate properties with HOAs? Is communication with your residents something that is common for you? As 2019 begins, HOA board members should consider offering feedback on how the HOS can improve the community and make it a great place to live. Responsibility Tenants should take responsibility for abiding by the CC&Rs and staying current on their HOA fees. Violations of the rules or failure to pay the HOA fees/dues is not a win for anyone. HOA boards have a lot of power over the property owners. Sharing Tenants should have the ability to express their ideas, suggestions and their concerns in order to help improve the community and build lasting relationships. Residents are important in sharing the thoughts of the community. They should be included in the regular board meetings. Building Relationships Tenants should make an effort in participating in any events, social or cultural activities in the community. This gives t...

Many homeowners and property management companies do not consider home maintenance until something breaks. Is that the best way to maintain your investment? Whether you are a new landlord or seasoned one, you should establish some maintenance protocols. Here Are Some Tips For Protecting Your Investments: Establish A Home Maintenance Plan A good place to start is by establishing a maintenance schedule. A good property management software will assist you in creating reminders for asset maintenance. Things like changing air filters, water filters etc. You’ll need to plan on cleaning your gutters and trimming trees from time to time. Pest control is another item that is often overlooked. Depending on your lease agreement, you may need to spray or have ground treatment performed a few times a year. When it comes to assets such as appliances, make sure to send in any warranties and follow the maintenance recommendations in your owner’s manual. Upload the ...

All the talk about a 2019 downturn may end up being exaggerated, just a bit. There are some signs of a slight decline, primarily due to the uncertainty in the market. However, many of these are simply overblown. The economy’s fundamentals are strong and there seems to be a good amount of momentum. This is good news for property management companies. As multifamily real estate continues to grow investor’s portfolios, property managers should have a positive 2019. REITs This 2019 also is gearing up to be a positive year for REITs as well. Rising interest rates don’t affect the REITs like other sectors. Market Ups And Downs Experts are always trying to predict the next downturn. Recessions are somewhat predictable. Imbalances are one cause of recessions. The imbalances between supply and demand. Too much multifamily construction projects that exceed demand will eventually require a correction in the market. Too much debt also can be a factor in m...