In modern times, people expect things to happen fast. So, it's no surprise that 75% of people prefer to transact online.
Digital payments are also fast, secure, and easy to trace. They are ideal for shopping online, managing subscriptions, and paying rent.
As a landlord, it only makes sense to give your tenants what they want, especially if it helps them pay their rent on time.
Tenant portals are one of the best ways to maximize property management. They help streamline every aspect of managing your investment property.
Keep reading to explore the best examples of this technology.
1. AppFolio
This cloud-based property management software works for single and multifamily properties. These include condo associations, student housing, commercial properties, and mixed portfolios.
AppFolio offers both accounting and property management functionality. It allows managers instant access to statements and reports.
This essential tech tool enables managers to:
- Post vacancies
- Market properties
- Manage tenant applications
- Screen residents
- Rent collection
- Manage inspections
According to online reviews, some benefits of using Appfolio include:
- Ease of use
- Simple rent payments
- Efficient communications
- Streamlined tenant application processes
Some reviewers found it challenging to customize Appfolio according to their needs.
2. DoorLoop
DoorLoop is a well-known property management technology. It provides a high degree of functionality at an affordable price.
This software is an excellent choice for managing multiple properties efficiently.
DoorLoop offers the following features:
- Streamlined property maintenance
- eLeasing capabilities
- Tenant screening
- Automated reminders and rent payments
- Legally-compliant accounting record-keeping
- Online maintenance requests
DoorLoop's simple accounting procedures work well for inexperienced bookkeepers.
The software automatically markets property vacancies on established platforms. It also offers automated tenant applications and screenings.
Property managers who choose DoorLoop praise its affordability, ease of use, and multi-functionality. A few online reviewers complain about a lack of customer service from DoorLoop.
Overall, reviews center on positive comments.
3. Tenant Cloud
Tenant Cloud is another cloud-based platform. It offers tenant management, property management, marketing functionality, and accounting management.
The software offers several specific benefits for property management. These include:
- Late fee reminders
- Online rent payments
- Vendor payments
- An owner portal
- Automatic invoicing, receipts, and late fees
- Partial payments
- Autopay options
You can share leases between multiple tenants, automate vacancy listings, and run basic reports.
Tenant Cloud offers a generous basic free plan and affordable paid options.
Online reviews praise the platform's ease of use. A few complaints mention slow cash transfers and inflexible reporting options.
Enjoy the Best Benefits of Tenant Portals
Property management technology is the ultimate tool for modern-day property managers. It streamlines every aspect of their daily tasks, ensuring landlord and tenant satisfaction.
Hiring a property management firm that uses the latest technologies is vital for attracting and keeping tenants in Las Vegas. Pure Property Management embraces technology to help ensure our landlords thrive.
Our landlord and tenant portals ensure instant communication. They offer precise record-keeping and convenient rent payments.
Would you like to enjoy the benefits of working with a reputable, tech-savvy property management firm? Get in touch with Pure Property Management today.