The job of a landlord or property owner can be excruciating. These professionals spend a lot of time at work, filling out forms, finding the right tenants, collecting rent, and making sure the properties are well-maintained.
The process demands time and money; not to mention that it can be very stressful. The good news is, we can use technology to our advantage. Smartphone technology can help keep things more organized. In real estate, time is precious. Every hour counts, so why not make the most of it by using apps and tools that ease the process of listing, renting, and maintaining properties?
Property management apps to consider
One of the smartest ways to manage property is with apps. Everyone has access to gadgets like smartphones and tablets, these days. Landlords use them because they’re practical, useful, and lightweight. To streamline the process of renting property, apps have come to the rescue. Here are three of the best:
- SiteLink– SiteLink is a very useful app for landlords and property management operators. It covers a wealth of industries, not just real estate, and it emphasizes on on-premise and web-based deployment. The tool’s main functionalities include tenant & lease tracking, property accounting, building maintenance, forecasting and budgeting, reports, transaction history, and more.
- Buildium – Landlords can use Buildium to stay more organized when managing their properties. The app packs some core features that make the process of renting a lot easier. Landlords can rent online, choose their tenants, collect rent, submit forms, share, store documents, and more. Furthermore, Buildium has accounting features to ease the process. The app’s tenant screening capabilities are vast, meaning that it might come in handy when dealing with more properties at the same time. The interface is very easy to use; landlords won’t have to spend a lot of time mastering the basics as there are useful tutorials they can watch to learn everything there is to know about it.
- AppFolio – Another app worth talking about is AppFolio. For beginners it might seem a little complex, but once you learn how to use it, you won’t be able to do business without it. Landlords and property managers can use AppFolio to hire maintenance workers and track their work. Generate reports and grow your business by streamlining the process remotely. The cloud-based property manager software features the sleekest responsive design, so that you can access all the features available for any smart device. Marketing, leasing, and property maintenance has never been easier. Build and manage a diversified portfolio, and use AppFolio to save time, money, and stress.
Landlords are getting smarter
Advanced technology helps keep tenants and landlords more connected. Purplebricks, for example, is a hybrid lettings service that uses advanced technology to streamline the process. Studies have shown that nearly 60% of activity occurs when conventional real estate agencies are closed, meaning that tenants and landlords are provided with a unique opportunity – to log into a secure portal that allows them to consult with each other 24/7. Landlords can use the platform to track rental payments, contractor invoices, and maintenance reports. The associated app can also be used on the go, from a smart device. The technology has a lot of benefits for tenants too. They can use it to report maintenance issues, book viewing, submit references, and make offers.
How landlords can use the IoT to save time, money and stress when managing properties?
You’ve managed to climb up the property ladder, so now what? How can landlords use smartphone technology to their benefit? The good news is Wi-Fi has gone ubiquitous, meaning that we can use it to benefit from cutting-edge connectivity from everywhere we go. The concept of the Internet of Things has been going on for several years now. However, it hasn’t always been accessible. Now it is, so why not use it?
With virtual assistants like Siri, Cortana and Amazon’s Alexa, the process of keeping things more organized without having to hire someone is simpler. Landlords can either install Siri on their Apple devices, or invest in a standalone gadget to manage their properties and keep paperwork in check. Bottom line is, smartphone technology can be extremely useful. You can even have villas for sale in Kalkan, and still make a profit because property investing is now mainstream.