Property Manager 101 - Resource Tools - Property Management Software Video Part 3

How to Start Profitable Property Management Company Property Manager 101 - Resource Tools
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Transcript

Hi, I'm evany Caldwell with Rei investment society. And we are at video number three property management one on one resource to property management software. So as I go through my list there are several companies on here yardie real page at folio, build Diem property where property matrix rent direct, which we already done that one rent posts, simplify them, landlord tracks. Now again, this is a reference guide that I can send you. But let's talk about yardie for a second. So yardie is a property management software.

It pretty much shows you all of the different services that mark is that they deal with multi families senior living, they deal with subsidizing. So this will give you an idea when says government so this will give you an idea of everything you can do yardie Bye yardie is an actual property management software. So you can always call them for demo, but it's going to let you know exactly what it is that they can do, how they can assist you. So for example, you have a multifamily property, they're going to give you a specific type of software that you need. The other thing about yardie is not only they give you training, but in addition to their training, when I say training, they give you true one on one training so it's not like you're gonna buy big software and not know what to do with it.

Then also you have to rent cafe suite rent cafe. Basically, this is allows your particular tenants to pay their rent online. It also is a full marketing campaign for you. So marketing, leasing, search engine optimization, CRM, call center payment processing, so a lot of the services you can get with yardie that you know once you start growing your company little bigger, but you can get these services. And these will give you the services as if you are actually running a really, really big company. So that's something that's good for you.

Real pages is another company that I recommend real page property management software. This one right here, you can actually see where it goes into how they will help you with accounting, the document management. So everything that you need to do and regarding your property management company to grow your business, this is actually another marketing property management software for you to use. Reduce vendor compliances. So you could do work orders on here. So these are the things that you will want.

When it comes to your company. Just understand it. There's a webcast so again, same thing with yardie real page have A lot of different training materials that you can actually utilize and go on a website to get or if nothing else, just not go on their website to get but actually get one on one training with them. So real page is another company that I would highly recommend. You can see right here the different services that they have the IT services for your company, billing accounting, the professional services is one that I really really love that you do integration with, you see with the professional services, all the different ranges of everything that they have. So again yardie and real page, definitely something to consider.

Now when it comes to another one at folio at folio is actually dominating the market when it comes to not just property management software. But with also marketing software in rental distribution as far as syndication of where to list your properties for rent. So automate your property management business software with this web based software you see you get a free demo. So app folio property management software. Here are the features that you get without residential commercial student housing. I'm with the different types of properties that they get the residential commercial again, it goes back to you have a company an investor who says hey, you know, Mr. Mrs. Property Manager, I want you to manage my commercial property.

Well, here you go right here with this commercial property. This is the The type of property that you can get a software for with the community associations, it goes back to you have a community whereas there's a swimming pool, there's the bit community, there's a lot of different, not just resonance there but activities there, then you definitely want that particular software because it really goes into details and help you break down everything pertaining to that property without you having to actually get additional services or Allah carte services like so there's $1 25 per unit of downtime association that you doing property management for. It might just be a bit community, but it's giving you an idea of everything that they can do from the online payments to online maintenance, leasing management, built in marketing and marketing tools. So you can actually just be able to benefit from at folio all the different services that they have, they definitely do have All in one solution for everything that you can do with your business.

So if you want to feel like okay, even though you're a small company, you want to be the big business, then app folio is definitely one that I would highly recommend. Now we have built him building may give you a free trial. So that's one thing about building is not as complex as the other ones, but it still gives you a lot for your money and making it will still make you feel like you are a big company also. So you see the price to start at $47 a month. They have everything from the property accounting to financial report the residential portal so they can pay their bills online or pay their rent online property owner owner portal so you as the property management company can see what's going on but your owner can actually see what's going on to maintenance request tracking Property Inspections that goes back to you know, What I mentioned earlier in regards to the 10 Top Things landlords should know, again, when you're doing a property inspection, here are the reports for rental listings, you can actually put your property use building them to rent properties.

And then the thing about their rental property listings, is that it will get syndicated on something important for you to understand as syndication just basically means that your property would actually be all over the place. It would be on several different sites such as Trulia, Zillow, hot pad, college storm, any website you can possibly think of that have real estate properties for rent, then that would be the one. Your next one would be property where property where is another website for property managers who are looking for a nice property management software. So with property where You have your rental properties that you can either not just post on here, but it will actually give you everything that you need to do to go ahead and be able to run your business and run your business as if it's a really, really big company. So the different features that you get with property where is right here, the affordability, the automated, your to do list, everything that you need to go ahead and be able to do to run your business.

You could pretty much do it right here. Okay, when it comes to my client, with the, you know, would they be upset if I don't know how to run their business how to run a property management company because maybe you're no Well, a lot of these property management software's especially like property where an app folio, they will actually train you because their goal is for you to be efficient and professional in his business and really great at what you do because the better you are, the more what the more business you get, the more business you get, the more business they get from you. So in additional here again, the products they have the accounting, the online payments, the marketing, I always love talking about marketing. And the reason being is because this goes back into the syndication that I was telling you about. With the syndication you list your property for rent and it's all over the place.

They got a quick video here so let's check out this video and see why property where is for you to use for your particular business. team from basic to advanced trainings offer all for free. With property where University your team can enroll in live training classes, covering a variety of topics. utilize our pre recorded trainings and downloadable resources for after our training needs. Track your team's progress through transcripts and comprehensive quizzes globally viewing their productivity and learning accomplishments. Take your team's learning to the next level with our customized consulting services designed around your business and learning means the one on one consulting hours are offered online or in person, assisting your team with your account and building customized tools for success.

Property wares, training resources support your team by providing in depth software knowledge and personalized consulting to empower your business. Next we have property matrix. Property matrix is another properties management companies software and again, it just pretty Here's another company. I've never used this company but I haven't faster who's had to use this company. So for more information, you can obviously click on the website, go to property matrix, kind of get more idea of their company. As I'm going through here you see there's commercial and residential property management software.

But again, I can definitely send you all of this information at your request. They have accounting on here avh payments websites for each building, which is cool website for each company and building because it goes back to let's say, you have a particular building, you got 12 buildings, each building has a different name. There's a website for that particular building in case a person wants to go online and say, hey, I want to move in the del Prado I want to move in the Millennium building. Well guess what a lot of builders especially depending on the size, do have building i mean do have names on it. So this is another one for you as an option at which is cool because even though the pricing of appears to be precisely the thing is, based upon the information that I'm seeing it does give you a lot of different options, especially the ones for $400 a month.

This is, again, good. If you have a big building that you're working with. We've already went through rentec direct rent post is another property management company software. So this particular software, it will do everything for you from not just and it's very simple, very easy for you to understand. So let's take a look at rip post and see exactly what it involves. You see everything from rent collections, work management, advanced payment systems.

So there's your rent post. Now rent post, actually have a quick video. So in this particular quick video for rent pose, we will get an opportunity to kind of get a better idea what exactly They do who they are. And if this is the company that you as a property manager who's just started your business, or who's trying to grow your business, is this the property software that you should utilize? So let's take a look at rim posts and see what they have to offer an Indian. Sara loves a new place doesn't always have the window Lucky's down.

She has to reach out to stand. And she's not always the happiest gamba. Tony stands trusted handyman. He takes care of repairs to stay tall does great work. He's not always he relies on Stan to communicate the data every week, sometimes getting hostile. standing around he manages his own rentals, but also lizards.

Wanting to ensure standards her problems the attention they deserve. Leslie came to watch. It stands out even more stressful. Stan is constantly winding up to his Lazy Boy or putting out fires leads to solutions. Enter rent post rent post mates managing rental property or briefs. Standing up connects directly with his tenants, vendors and owners in real time, saving you time and money by automating tasks that wants to countless hours now we can receive and respond to work order requests and keep on track with what's next.

He can provide listening with detailed reporting on the properties and up to date communication and best of all and oversee payments and make deposits all online with rent post Stan the property name is now Stan this post was simplified simplifying rent. Rate Stan the property name. So we're impulses and algo. net you can actually utilize in addition to rent posts, we have simplify, simplify, phi m is one that I really like. It has. It really is truly a huge property management software, the only thing with simplify it can become or feel like it's a little complex and potentially intimidating.

So that is another one that I would want you to take a look at. With simplifying property management software, you're able to see everything pertaining to the properties, how many units you have the rental, the credit checks, you pretty much can do everything on here. So same thing, they have a video that we can actually take a look at. And with this property management software, you're able to pretty much go Okay, you know what this is, this is a good tenant, this is a bad tenant. You know, it pretty much gives you an idea of the different boards that they are associated with the property management software that they have. The benefits to them, how you can easily utilize the software.

So, this is one that I would actually recommend. There's so many different good property management company software's that are out there, that would provide training, but it's more so for you as the property manager, if you're computer friendly, what your budget is, what type of software that you're looking for, and what it is that you want to do. What is your ultimate goal, so they do try to make it friendly and price friendly. I'm You see, the pricing here for up to 10 units is $20 a month. up to 50 units is $50 a month. You see everything that comes with it the full income and expense report, the professional reports the tenant and the tenant management report.

For vendors, if you want to click rent, it's going to be $1 for every transaction, you can do the credit and background check for 1995 rent. Insurance, advertising vacancies, three out of $3 a listing. So there's so much you can do with this only because of the price. But of course, the more the units you have, the more opportunities you have to be able to utilize other services that they have. So simplify them is one that I would suggest. And then landlord tracks is the very last one with landlords.

Same thing with landlord tracks it gives you It puts you in a situation whereas, okay, you have this property, you are trying to build your business. But in order for you to build your business, how do I do it? So if you're looking for long term rentals, short term rentals, corporate housing rentals, this is for you. And the reason I say short term rentals is because sometimes it's hard to do a rent row when you have to Is that are moving every three months? You know, but with short term rentals and corporate rentals, that generally is what happened. The availability calendar.

Why does availability calendar is so important because it goes back to not only his short term rentals, but let's say you have a building and in the building, you have 30 units. And you don't know exactly what unit it's got, you know, my file, you can actually go in there and say, oh, unit number two or three is going to be available on October the ninth. Well, you know this because again, when he first moved into your building, you was able to or have your assistant to enter their lease terms into the software. So rent for your rental property management software, landlord tracks again is one. So again for the property management software yardie real page at folio, Bill Diem property where property matrix rent direct rent posts, simplify them and learn more tracks. These are signs I highly suggest that you kind of take a look at but again for this actual handout for this reference guide, please for follow me and let me know that you would want the property management resource to and I would definitely send it to you

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