Crucial Tech Tools for Property Managers

The property management profession comes with many responsibilities, from finding and screening tenants, handling evictions and move-outs, maintaining and managing financial records and budget, and collecting rent and supervising employees. These tasks can be overwhelming, and this is why property managers should use various tech tools to make their work easier and less demanding. Here are some crucial tech tools property managers should implement to meet their goals and improve efficiency.

1.   Buildium 

Buildium is a perfect management tool for professionals who manage more than one property. This is because it offers a wide range of property management services and tools, including business operations, leasing, accounting, and property management. It avails of an easy and fast way to manage and expand properties.

You can use the Buildium property management tool to market and advertise properties, manage your finances, find tenants online and handle maintenance requests from existing tenants. It covers student and affordable housing, residential properties, and community associations.

With the Buildium property tool, you can easily communicate with all stakeholders within your organization since it comes with different portals for residents, board members, and stakeholders.

2.   Smart ID reader

As a property manager, ensuring security for all your tenants is crucial. A smart ID reader allows you to verify information, including their age and names, by scanning their identity cards, visas, driver's licenses, and passports during tenant screening.

With an ID scanner app, you can protect crucial tenant information, since it provides top-level security standards for personal information processing. The smart ID reader saves a digital copy of scanned tenant identity cards, passports, and driver's licenses. This saved data can come in handy as evidence in the face of legal suits.

3.   Re-leased 

This cloud-based commercial property management tool allows you to lease single-family homes, student accommodation, co-working houses, office units, and multi-family homes. The Re-leased management tool provides you with a single easy-to-use dashboard where you can view and manage lease property and events, collaborate, and delegate tasks across your team. You can also communicate with your tenants or team via emails or text messages and get highlights and reminders of missed tasks through the dashboard. 

The Re-leased tech tool can be integrated with Outlook, Google calendar, Microsoft 365, and Xero and allows viewing from smartphones, computers, and tablets.  With Re-leased, you do not have to worry about losing crucial information or access from unauthorized personnel, including hackers, since this tool is protected by enterprise-level security.

4.   Appfolio

Appfolio is a crucial tech tool for property managers as it allows you to find and attract new tenants and manage assets and financial information. This property management tool is ideal for apartments, commercial and residential property, and council and student managers.

With this tool, you can accept online rental applications, screen potential tenants, and collect rent. Your tenants can also submit requests for repairs and maintenance, which speeds up the resolution process.

Endnote 

Property management tech tools can help keep all aspects of your business running smoothly while reducing stress and making the completion of tasks easier. You should familiarize yourself with the above tools and choose one that suits your managerial needs.