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Property Management Software Can Simplify Your Job As A Property Manager

Need to simplify your life at a property manager? Consider investing in property management software. Bring your business practises current with n software which allows you to track anywhere from one property to dozens of properties or more, even if they are a mix of residential and commercial. Tracking vendors, repairs, rent, and more has never been simpler than with today's technology options.

Rent Tracking and More

Whether you are dealing with commercial properties such as offices or retail establishments, you have to deal with the collection of rent for the space. The same principle applies for residential properties such as flats, apartment dwellings, condos and duplexes. It can be time consuming consolidating all the rent payments and cross checking to see which tenants are in arrears. With just a few clicks of the mouse, you can produce a report from your software program that delivers a clear, concise report of who is still outstanding in rent for all properties, even if you manage a mixture of both residential and commercial units.

It is inevitable that the properties you manage will need some type of repairs. You can keep track of which units need repairs whether it is plumbing, electrical, painting or even carpet installation. In addition, you can input all your data for the properties so the property management software can produce reports on when each property is up for inspection, pest control and a host of other jobs. To maximise your manpower with subcontractors and vendors, you can schedule similar jobs for various properties at the same time too.

Accounting Integration

Do you wish your current set-up could integrate your banking information with your accounting models as well as all the details of your properties? With letting software, you can. You can track the depreciation of equipment on your properties as well as previous improvements you might have made like roofing, new plumbing and flooring and even the elliptical trainers in your apartment fitness centers. Petty cash, bank statement reconciliation, purchase ledgers and even check creation could be automated.

The potential for streamlining your management duties is amazing. What used to take hours or days could be done in less than half the time, freeing you up for what matters in the property management realm - customer service. Shop for property management software to make your job a little simpler and therefore your business more profitable.

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