5 Must-Have Features in Residential Property Management Software
Residential property management software has become essential for landlords and property managers to streamline operations and improve efficiency. With the right features, managing rental properties can be seamless and hassle-free. Here are five must-have features to look for: 1. Automated Rent Collection & Payment Processing A robust property management system should offer automated rent collection with multiple payment options. Features like auto-reminders, late fee calculations, and online payment processing ensure on-time payments and reduce manual follow-ups. 2. Tenant & Lease Management Efficient lease tracking and tenant management help property owners stay organized. The software should include lease renewal alerts, document storage, and tenant communication tools to enhance transparency and reduce paperwork. 3. Maintenance Request Tracking A good property management solution should allow tenants to submit maintenance requests digitally, ensuring faster respo...