What to Look for in Rental Property Manager Software

The best rental property manager software will offer features that help automate and streamline your work. Here are some features to look for when selecting a software solution for your rental business:

Accounting & Financial Management – Accounting and financial management tools help you track rent payments, invoices, expenses, tenant ledgers, and other financial information related to your properties. You should look for a solution that integrates with popular accounting software like QuickBooks or Xero, as well as offers customizable reporting capabilities.

Maintenance & Repair Tracking – Maintenance tracking allows you to keep track of repairs and maintenance on your properties. This includes scheduling preventative maintenance tasks, recording repair costs, and tracking work orders from start to finish. You should look for a solution that provides an easy way to create custom work orders and access detailed records about past repairs quickly and easily.

Tenant Portal & Online Payments – A tenant portal allows tenants to access their account information online anytime from anywhere. It also enables them to pay rent electronically through secure payment gateways such as PayPal or Stripe. The best rental property manager software will have an integrated tenant portal that is easy for both landlords and tenants to use.

Conclusion: With so many options on the market today it can be difficult to choose the best rental property manager software for your business needs. When selecting a solution it’s important to consider what features are most important for automating your workflow processes as well as how intuitive it is for both landlords and tenants alike. By taking these factors into consideration you can ensure that you’re choosing the right tool for your business needs now—and in the future!