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Updated about 6 years ago,
automating my business
Hi all,
I've been a landlord for the past 12 years or so but only recently got serious about ramping up. I recently added a couple units, plan to expand quickly, and am realizing that successful self-management is heavily dependent on systems and automation.
So I'm looking for some advice from landlords who manage 30, 40, even 50 units themselves.
My particulars:
I use Quickbooks Desktop 2010 for basic real estate accounting and that's it. I bank with a large national bank and pay most RE bills via online banking. I do not use any kind of property management software or app.
I’m looking for a piece of property management software that:
= Integrates with Quickbooks and banks. This is a requirement. I don’t want to have to enter a bill, rental payment, etc., more than once, and, ideally, I’d like for that to be automated as well.
= Allows me to store information/photos about the units and advertise them easily as vacancies occur.
= Allows tenants to fill out and submit a rental application and pay the application fee
= Provides credit reports and background checks
= Accepts rental payments and late fees
= Allows me to communicate with tenants
= Keeps track of documents (leases, move-in inspections and the like)
= Has a mobile app
Any suggestions?
And do you any other tips or tricks that help you stay organized and efficient?
Thanks in advance for your time and expertise,
Mike