https://www.greenresidential.com/our-services/houston-apartment-property-management/


https://www.greenresidential.com/our-services/houston-apartment-property-management/


https://www.greenresidential.com/our-services/houston-apartment-property-management/


https://www.baselane.com/resources/10-tools-every-landlord-should-have/


https://www.baselane.com/resources/10-tools-every-landlord-should-have/


https://www.baselane.com/resources/10-tools-every-landlord-should-have/


https://www.sectigo.com/resource-library/different-types-of-e-signatures


https://www.sectigo.com/resource-library/different-types-of-e-signatures


https://www.sectigo.com/resource-library/different-types-of-e-signatures

How Landlords Benefit From Using Online Tools
Managing rental properties online is no longer a simple convenience, but
a necessity. Digital property management tools fundamentally support
profitability, efficiency, and legal compliance. If you haven’t moved to a
fully-digital process yet, here’s why it should be at the top of your to-do
list.
Professional property managers use online tools
When professional property managers have a strategy that works, it’s
usually a good idea to follow suit. For example, Houston property
management company, Green Residential, uses
a handful of online applications to manage
client portfolios. Since they handle a high
volume of properties, there’s no other way to
get the job done effectively.
You don’t need a lot of properties to benefit
from online tools. Even if you only own one
rental property, you’ll benefit from the following online tools for
landlords:
· Online rent collection
·
360-degree virtual tours
·
Tenant portal software
·
Email marketing
·
Financial tracking
·
Tenant-facing communications
·
Repair and maintenance requests
·
Application submissions
·
Tenant screening
· On-demand legal services
· Document storage
·
And more
Signing leases on paper is a drag
Although it can be nice to have a physical signature made with ink, it’s
not legally required for a lease agreement to be valid. That’s good news
for the sake of convenience. With an e-signed lease agreement, you can
deliver a lease to your tenants and get a signed copy returned without
having to schedule an in-person meeting.
Electronic signatures have been legal for many years thanks to the
ESIGN Act, and are treated no differently than ink signatures. There are
different types of e-signatures, however, so it’s important to do it
correctly. That’s exactly why landlords need e-signature software.
Referencing data is easier
Digital applications make all your data available with a simple keyword
search. For example, when you use software to track maintenance and
repairs, you can pull up a list of all repairs that took place within a
certain date range in mere seconds. Every record you create can be
tagged with an infinite number of categories, making all data easily
searchable. With manual methods, it’s not that easy.
When you’re using manual methods to keep track of rental properties,
you can only file your paperwork in one category. If you need
information to be accessible via additional categories, you need to
duplicate the paperwork X number of times. For example, completed
repair and maintenance documentation is typically filed according to a
property’s address. However, when you need to gather all of your
expenses at the end of the year, you’ll be stuck sifting through every
property’s folder to gather the information, and then you’ll need to put
everything back – one folder at a time. You can duplicate your invoices
and receipts and file them in a folder dedicated to property expenses,
but that’s cumbersome.
By using online tools, important information is available as fast as you
can type in a search term and click the search button, saving you tons of
time and energy.

https://www.landlordstudio.com/blog/past-due-rent-notice


https://www.landlordstudio.com/blog/past-due-rent-notice


https://www.landlordstudio.com/blog/past-due-rent-notice

The benefits outweigh the cost
Using online applications to manage your rental properties will require an
initial investment that can cost anywhere from a few hundred to a few
thousand dollars. However, the benefits far outweigh the cost. Although
you will save money in the long run, the benefits go beyond cost
savings.
Your time is just as valuable as money, if not more. If you have other
hobbies, a family, or another business, online landlord tools can free up
your time. With online tools, you’ll increase your efficiency and
productivity, streamline your tasks, and get more free time to yourself.
Online tools reduce repetitive, redundant tasks
Your efficiency will drastically improve when you no longer have to
perform manual tasks that can be easily automated, like sending
reminders about late rent. When you implement a tenant portal, you’ll
have an account for every tenant on the back end and you can mark
rent as paid with a couple clicks. If you don’t mark a tenant paid by the
end of the day their rent is due, the system will send them an automatic
email reminder the next day.
Easier legal compliance
While applications aren’t a substitute for legal advice, many applications
make it easy to comply with state and local landlord-tenant laws. For
example, simply keeping records of repairs and maintenance can protect
you in case you get sued for damage caused by a tenant.
Embrace technology for sustainable success
Landlords who embrace digital solutions are in a better position to
succeed long-term. Efficient systems are the foundation of a sustainable,
profitable real estate investment business.