What the Heck is Property Management Software? And How Can it Help Me?

We get this question from our members a lot. Technology is obviously changing and more landlords than ever are switching to online management of their properties. But why? What are the advantages to managing properties on “the cloud”? First let’s start with a basic definition.

Online property management software provides a seamless management experience online that includes tenant screening, mai48962751_sntenance, rent collection, and much more.

How do you know if property management software is for you? If you are spending too much time managing documents, tracking accounting, and looking for missing documents, software is the way to go. By cutting down the amount of time you spend on administrative tasks, you can manage more properties or spend less time working.

What software should you use? Most software options on the market are designed for property management companies with hundreds of units, and the price is usually too high for the average landlord. Fortunately, AAOA partnered with ManageZoom, a software that is very affordable and specifically for managing 1-50 units.  AAOA members get a discount and you can try it for free for 30 days. No credit card is required to sign up. ManageZoom retails for $40/mo but AAOA members can get it for as low as $15/mo.

Here is an example of how you might use ManageZoom property management software:

Stage 1: Input your properties

  • First create a property by entering in the address, number of bedrooms, monthly rent, and other descriptions.
  • You can easily transfer this information to dozens of free websites like Craigslist if you have a vacancy.

Stage 2: Input your tenants

  • Invite your tenants to create a tenant account with ManageZoom. Your tenants can submit messages, rental payments, and maintenance requests to you from their online account.
  • All activity gets saved under the property so you can track how much money you’ve received and spent.

Stage 3: Process a new tenant

  • When you find a potential tenant you can send them an online rental application link. This application gets automatically saved in your account under the property you created. No printing needed!
  • Next, login to your account to run a credit and background check report at a discounted price.
  • If all looks good, you can send the tenant online lease agreement link. This agreement gets saved under the property you created.

Stage 4: Manage the move-out

  • You’ll get a reminder before the lease expires.
  • Your tenant can submit a move-out notice to your account if they decide to leave.
  • If a tenant moves out their profile, documents, and message history gets archived, just in case you ever need it again. You’ll never have to worry about losing documents!

Do you think online property management software is right for you? Visit http://www.aaoa.com/managezoom to try it at no cost or give us a call for a free consultation! (866) 579-2262