Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Multi-Family and Apartment Investing
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 8 years ago on . Most recent reply

User Stats

86
Posts
26
Votes
Albert D.
  • Investor
  • Germantown, TN
26
Votes |
86
Posts

Top 5 things to automate when remote property managing property

Albert D.
  • Investor
  • Germantown, TN
Posted

I'm trying to compile a list for out-of-state landlords who want to self-manage part of the jobs traditionally done by property managers.  For folks who have small-multi-family properties, automation of part of the PM works may save us some money.  Here is my first shot.  Please feel free to add/comment.

1.  Rent collection.  Ask tenants to pay rent online, preferably auto drafted to your account to minimize delay of payment.  

2.  Late payment reminder.  Send automatic text/email to tenants who are behind and charge late fees when passing certain days.

3.  Repair scheduling.  Ask tenants to submit repair requests online and PM or yourself check the requests on daily basis and the prioritize and coordinate the repairs.

4.  Tenant screening.  Require applicants to go 3rd-party site to go through screening.

5.  Showing property online and digital key for showing.  Video tour of vacant property accessible online to potential tenants to save time.  Remotely generated digital key for access to property while using key box as plan B.

Sites/tools to aid automation:

Landlordstation.com:  based on my limited research, this site appears to be an easy solution for #1, 3 and 4.  It charges a fee.  If anyone has used this site, please chime in on pros and cons.

Most Popular Reply

User Stats

177
Posts
117
Votes
Mike D.
  • Investor
  • Marion, IA
117
Votes |
177
Posts
Mike D.
  • Investor
  • Marion, IA
Replied

Going to the property to meet contractors and showings is my biggest time waster. I have a key lock box for showing vacant units and a safe inside with an electronic combination that I allow contractors to access. That way I don't have to meet contractors at the site when tenets aren't home.

Loading replies...