Property Management Tech Trends

leveraging technology in property management
Explore the latest technologies that can streamline property management tasks.

In the ever-evolving landscape of property management, technology plays a pivotal role. This blog post explores the latest tech trends that can streamline property management tasks, making the landlord’s job more efficient and effective.

Tech-Based Property Management Platforms:

If you’re considering a Residential property management company, consider one that’s integrating tech into their business, offering electronic and automated rent collection, mobile apps for tracking, monitoring, and reporting, online service ticketing, and more. These options provide management companies with more streamlined processes and documenting, providing Landlords with more reliable, predictable and transparent service.

Smart Home Integration for Property Management

As technology advances, so does smart home tech in the property management realm. Some owners are now opting for leak detectors, remote-controlled and automated water line shut-off valves, and more.

Imagine the savings in a scenario that plays out like this phone call:

Tenant: Hi, I tried hanging a TV and must have hit a water line. Water is coming out from the wall, and I don’t know what to do!

Property Management Company: No worries, tenant. We’ve gone ahead and shut off the main water supply. Please go immediately to the laundry tub in the basement and open the hot and cold water valves to drain the pipes.

Advanced Marketing for Property Management and Landlords

Rental properties are often an after thought for real estate agents, and you’ll often find poorly prepared and horribly photographed rental property listings. When the majority of rental listings look horrible, the great ones truely stand out.

Be sure to hire a professional photographer, opt for virtual staging, and ensure the listing is on your MLS system. In essence, hire a professional real estate agent.

Automated Maintenance Requests:

Simplify the maintenance process with automated request systems. Tenants can submit requests online, and property management companies can efficiently coordinate repairs, ensuring timely resolutions.

Embracing property management tech trends can revolutionize your approach to rental management. From streamlining processes to attracting modern tenants, staying tech-forward is key to success. Stay tuned for more insights into the dynamic world of property management.

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229 – 336 Bronte Street South

Milton, ON L9T 7W6

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Critical Condition Report

It’s in the name! A critical condition report includes detailed photos, expiry dates, model numbers and more. It must be done at your earliest opportunity, and ideally, before a tenant moves in.

This report provides a reference for future inspections, assists in litigation, and minimizes future repair costs.

Rent Collection

Stop chasing payments!

Our electronic rent collection system collects rent automatically and tracks it through our mobile app. 

Tenants who pay through other methods will still have their rent deposited through Renti, tracked in the mobile app, and electronically deposited into your account.

Mobile
App

Income and expenses in the palm of your hand. 

There’s no more need for spreadsheets, sticky notes, or late-night number crunching.

Monitor live data on your rental income and property expenses, and print custom reports for the annual tax season. 

Regular
Maintenance

Not all properties are alike, and some require a third party to assist with general maintenance such as replacing furnace filters and topping up of water softener salt.

Whether it’s a unique property or your personal preference, let’s discuss your needs and how Renti can help.

Tenant with keys

Tenant Locating

We’re happy to cooperate with your real estate agent, or you can let us handle everything with one of our preferred real estate agents. Learn more about our proven process to qualifying tenants below.

Property Visits

Included with Renti’s standard property management services is one annual visit, as well as a move-in and move-out inspection between tenants.

If you require additional visits, whether for personal preference, to perform regular maintenance, or to satisfy your property insurance policy, we will coordinate visits on the fly, or at set intervals.

Property Manager Doing Taxes

Witholding
Tax

Leave the complex tax paperwork to us! We will handle your monthly remittance and annual NR4 forms, ensuring you’re always in compliance without the stress.

Timely and Accurate Reporting: No more deadlines to remember. We take care of everything on time, every time, providing you with peace of mind and avoiding potential penalties.

Ready to simplify your non-resident withholding tax responsibilities? Contact us today.