As a landlord or property manager, you constantly seek the best solutions for the best price. When you can find a solution that is free, even better! Today we round up the top resources for property managers and landlords. These tools, resources, and apps will help keep you organized and will help you operate your rental properties smoothly.
Start With Resources On The Law
One of the most costly mistakes you can make as a landlord or property manager does not understand the tenant/landlord laws thoroughly. A lawsuit can cost you more than any vacancy or major repair. Before you begin renting out a property, study the local laws and regulations in your area. Some of the following resources will help you keep up-to-date with landlord regulations. IRS.gov - Visit this website to be sure you understand the type of records you should be keeping and how you can handle tax deductions. Fair Housing Laws - This free resource will provide you with the important information you need regarding fair housing laws. Federal law prohibits the discrimination against housing applicants based on some key
Perform Inspections Via An App
Happy Inspector When a new tenant moves in and an old one moves out, it is important to inspect the property. This will help you determine when damages occur and when you need to schedule maintenance and repairs. Some landlords even inspect the property during the tenancy to ensure things are being taken care of by the tenants. If you are looking for an affordable app to help you keep track of inspections, Happy Inspector by HappyCo will help improve your organization and streamline the process greatly. With great pricing and excellent features, Happy Inspector is a must-have for landlords and property managers alike. Take photos and store them alongside your inspection for easy inspection access.
Decide On Upgrades & Remodeling
Houzz App When it comes to remodeling your rental property, this app will help you discover design ideas, find home professionals, and shop for your home. With an easy-to-use platform, Houzz is an excellent choice for those with large home projects ahead. Instead of remodeling blindly, use this app to make the best decisions possible for your rental property.
Understand the Tenant Screening Process
There are many steps involved in getting the right tenant on your property. Choosing the right tenant can help you avoid a lot of headaches and pains. No matter where you're at in the process, it's helpful to be aware of the steps in the process especially tenant screening laws. RentPrep's comprehensive Landlord’s Guide to Tenant Screening will help you from creating a tenant checklist to set up your new tenant in their rental.
Market Your Property, Accept Applications & Screen Tenants
TurboTenant One of the biggest components of managing your property will include marketing the vacant rental online, accepting applications, and screening tenants. Use TurboTenant to handle every step of the process from one convenient location. With this platform, you can create one property listing, which will be syndicated out across dozens of rental listing sites. Then you can accept applications and use the integrated tenant screening service to determine which applicants meet your criteria. By relying less on paper and switching over to electronic solutions, you can create a more efficient landlording process. This will save you both time and money, something we could all benefit from.
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