When you own a rental property in Roseville, CA, innovative and up to date technology will help you stay organized and increase your chances of success. This is one major benefit that a professional property manager can provide you. Many companies have outstanding software systems that are designed specifically for property managers. Good technology will help you make the most of your investment property.
Appfolio for Owners
One of the leading software products in property management and the one used by Action Properties is Appfolio. This system allows online access to property managers, property owners and tenants. As a landlord, you’ll be able to log into the system at any time and see all of the things going on with your property. You’ll see rental payment histories, work orders and invoices that have been paid. You’ll also get your rent faster. Tenants can pay rent electronically and then that money is automatically deposited into your account. Using a system like Appfolio can speed up the process of rent payment and disbursement by a week. It’s also great for marketing. Instead of listing an ad in several different websites, we can post it to Appfolio and the ad is instantly shared with over 40 additional sites. This allows us to begin the marketing and advertising process as soon as we see a home.
Appfolio for Tenants
Tenants are able to pay rent through this software system, and that has resulted in 90 percent of payments being made on the first of the month. Fewer missed and late payments mean more accountability and efficiency. It saves tenants money in late fees and it saves owners the stress of wondering when they’re going to get paid.
Interviewing Property Managers
When you’re looking for a property manager, make sure you ask them about their technology. It will make a huge difference in what you’re able to accomplish with your investment, and you need someone taking care of your property who understands that. A paper-based property management company has no business in the current industry. Find out how your property manager will use technology to maximize your profits and minimize your loss. You’ll also find that tenants are looking for technology. They’re going to want to be able to fill out applications online and make maintenance requests electronically.
Contact Action Properties if you have questions about which property management software to use, or you’d like to hear more about what technology can do for you.