Property Management Software - 0 views
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A property manager is expected to handle a multitude of tasks, viz. rent collection, maintenance of the property, keeping track of vacancies and reporting income and expenses. This is where real estate investment management and property management software can come in handy and help managers and investors execute business operations with efficiency and ease.
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A property manager is required to keep track of details like income from rental properties, Total Cash Flow (TCF) and vacancies.
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Advantages for the Tenant: Using a property management software can be highly advantageous for the tenant, since the software allows tenants to pay the rent online.
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The article discusses the features of a property management software and the advantages for a manager or to the owner of the property as a result of using the software.A property management software is versatile and can be used to manage both residential and commercial properties. The advantage is that the tenant can pay rent using recurring ACH, eChecks or credit cards. A landlord can use the property management software for finding the rental yield, which is a measure of the profitability of the investment.