Tools to help landlords track online payments
In customer service jobs there are CRM Solutions that help to manage data. In finance, there are loan platforms and banking apps to help keep all data safe and organised. Why should it be different for the real estate sector?
Rental payment software can handle payments from both long-term tenants and short-term vacationers. These technologies are the tools used to expedite the money collecting process by property owners and managers. Rental payment software makes it easier for everyone involved to feel confident and comfortable in the process of paying rent and understanding contracts, agreements or positions.
In most cases, renters engage with a payment site and are able to automate their rental payments. These systems handle rent and deposit payments and often include features that landlords may use to communicate with tenants. Note that there are several rental payment options available, including direct deposit and credit cards, however, credit cards normally have a processing charge.
Going back, you can use competent property management software or tools to assist you in attracting, screening, and managing renters requests, as well as responding to their maintenance needs and keeping track of all of the expenditures and income that come with running a rental property business.
Let us kick start by showing you some tools to help landlords track their online payments.
Tools to help landlord track online payment
- Landlord Studio – As a result of Charles Chan’s search for property management software, Landlord Studio was founded and released in 2016. It includes PC and mobile applications aimed at landlords with more than four units. Use this app to keep track of income and expenses for each unit and figure out how much money you’ll make from renting it.
- Stessa – For property investors, Stessa is a digital platform that helps them to manage, monitor, and discuss the performance of their real estate holdings. From property performance to finances to the paper trail, Stessa was designed by real estate investors for real estate investors.
- Re-leased – Commercial property managers and landlords may benefit from this cloud-based management tool. It is now offered to clients in the United Kingdom, Australia, the United States, Canada, and New Zealand. Re-leased not only allows you to manage rent payments, but it also allows you to make smarter investment choices thanks to its exclusive business analytics platform.
