Property Management » online property management

Online Property Management

Property Management Software — Mon, 08 Mar 2010 19:15:00 +0000

Online Property Management

Online property management enables property managers, landlords to manage the financial operations of the property online. Property managers and landlords can track rent collected, maintenance bills paid with online property management. Online rent payment can be integrated too.

In case of property managers, online property management enables reporting of the monthly financial statements to owners online. Owners can see the status of the property, lease expiration dates, tenant payments with online property management. In case of home owner associations, property managers track association fees with online property management and these fees are pay for services like playgrounds, clubhouse, and swimming pool maintenance.

Overall online property management lowers the cost of doing business saving time for property managers and landlords. One of the easiest to use property management software applications SimplifyEm enables online property management.

Save time and money with SimplifyEm online property management.

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Property Management Lessons From a New Landlord

Property Management Software — Mon, 26 Oct 2009 20:02:43 +0000

Investment Property Management

BusinessWeek editor Chris Palmeri acquired his first residential rental property in March and faced the usual challenges of property management. Many real estate investors especially the ones who own properties far away from where they live hire a property manager so that they sleep well at night.

Chris a new do-it-yourself landlord was anxious to rent his property quickly and skipped tenant screening. Once landlords are burnt by a tenant they never skip tenant screening. Read 5 tips for tenant screening in today’s market to make sure that you do not make this error. He has managed to rent his property to new tenants. The best part is that he is looking to acquire another property.

Read his story on BusinessWeek by CLICKING HERE

This blog post is brought to you by SimplifyEm Pay Rent Online and Property Management Software

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3 Tips for Purchasing Real Estate Investment Property in Current Market

Property Management Software — Fri, 23 Oct 2009 21:32:38 +0000

Real Estate Investment Property

Foreclosures and REO’s are bringing many investors out of the woodwork. Some of the new investors who are novices are making many mistakes in selecting and purchasing of undervalued residential real estate.

RealtyTimes published an article that discusses a situation where a novice investor purchased a property and outsourced property management to a property manager. The property had lots of defects and improving the property to get it ready for rental proved expensive for this investor. The investor was blaming the property manager for the expenses.

Before becoming a Do-It-Yourself or absentee landlord, the 3 tips that investors should follow for success are:

1. Understand the market you are purchasing your investment property.

2. Be clear of your end goal and write it down

3. Calculate the costs of owning the investment property

These key rules will help you make good decisions when you are purchasing investment property.

This blog post is brought to you by SimplifyEm Pay Rent Online and Property Management Software

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Pent up Foreclosures Huge Opportunity to Buy Undervalued Real Estate

Property Management Software — Fri, 23 Oct 2009 21:04:07 +0000

Real Estate Foreclosure

RealtyTrac reports that $134 billion in adjustable rate mortages will be resetting to higher interest rates over the next two years. Foreclosure filings rose 23% nationwide in the quarter as compared to the same quarter a year ago. Sequentially the increase was 5% compared to second quarter of this year.

The top 5 states for foreclosure in 3rd quarter are:

1. Nevada

2. Arizona

3. California

4. Florida

5. Idaho

These foreclosures provide great opportunities for buyers of homes to live in or for investment purposes. The people who should take advantage of this opportunity are long-term investors – the ones who are experienced landlords or outsource property management to property managers and can hold properties for 7, 8, or 10 years.

This blog post is brought to you by SimplifyEm Pay Rent Online and Property Management Software

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Access Property Management Software anyplace, anytime at lower costs

Property Management Software — Mon, 19 Oct 2009 20:47:35 +0000

Property Management Software

Software as a Service (Saas) platforms are the fastest growing sector in software industry. Similarly online property management software is being adapted by many property managers and landlords. One of the major advantages of online property management software is lower upfront costs. Property managers and landlords pay monthly or annual software lease costs.

Besides lower predictable costs, online property management software like SimplifyEm Property Management Software provides a web hosted environment where the application can be accessed anytime, anywhere and anyplace. Property Managers and landlords using online property management software outsource their IT and do not worry about updates or backup of software and data. The data is secure and can be recovered more easily than data stored on desktop or a laptop.

Online SimplifyEm property management software is very easy to use, saves time for property managers, landlords and reduces their overall costs of property management.

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