Looking for ways to streamline property management tasks? As landlords ourselves, we get it.

Whether you’re a DIY landlord or a professional property manager, the duties involved with managing residential rental properties can seem endless.

When you’re in the thick of juggling tenant correspondence, financials, maintaining occupancy and countless other tasks, the anticipated freedom of a rental business can begin to look like a distant dream.

Fortunately for you, we developed NowRenting to get you closer to making that dream a reality.

Here are 10 ways to streamline property management tasks using NowRenting, the online software for streamlining and automating rental management.

10 Ways to Streamline Property Management Tasks with NowRenting

1. Syndicate Your Rental Listings

Our list of 10 ways to streamline property management tasks starts with rental listing syndication—for a good reason.

When you list your rental vacancies using NowRenting, you only need to fill out the details for your listing once. Why? Because NowRenting will then use that initial listing to post it to 14+ websites.

 

This doesn’t only automate the listing process to market your listing to a wider pool of potential tenants. In fact, listing your rental properties with NowRenting will also streamline all of your other operational tasks.

You’re about to learn how…

2. Automate Pre-Screening of Tenant Leads

NowRenting not only saves you time on the publishing of rental listings, but it also helps you with the process of elimination when it comes to screening tenants.

Tenant pre-screening automation is one of the best ways to streamline property management operations because manual screening is one of the most time-consuming tasks involved with running a rental business.

But when you use NowRenting, it’s a different story.

Before leads can inquire about your property, they are required to answer a series of automated questions–ones you choose! It could be anything from asking which types of pets they have, if any occupants are smokers, or if they are currently gainfully employed.

NowRenting will use their answers to assign a quality score to these prospective tenants–which will be visible at a glance from your NowRenting dashboard.

It will be made clear to you which leads are even worth your time. And of the ones that are, it will help you spot which ones are most likely to make the best tenants.

Learn more about the best tenant screening tool.

3. Streamline the Scheduling of Property Showings

Once you’ve determined which leads are worth your time, you can further streamline your property management responsibilities by scheduling and managing property showings efficiently. With NowRenting, there’s no more back-and-forth with prospects and trying to find a common time that works.

In your NowRenting dashboard, just select a lead’s name and click “Send Invitation” under the Showings section. The tenant is then taken through the easy process to select a showing date & time, instead of you having to facilitate it.

Once they have selected a date & time, you’ll see an entry on the settings page for “Listing’s Showings” that asks you to accept or decline the showing request. If the time works for you, accept it.

Feel free to get a walk-through of this feature in the video below.

4. Simplify Rental Applications & Background Checks

The next best way to streamline property management duties is to simplify your rental applications and background checks.

With NowRenting, you can select which leads you want to send a digital application to (it’s pre-made for you), right from your NowRenting dashboard. And you can indicate if you want it delivered to them via email or SMS.

Simultaneously, you can request a background check. This will make it so the tenant is required to submit a background report with their application.

We facilitate this for your your tenant via TransUnion, and the applicant pays the fee! The background report is comprehensive and includes eviction history, full credit report and criminal background.

Furthermore, the status of their application and background report is all trackable from your NowRenting dashboard.

5. Streamline the Lease Creation & Signing Process

Once you receive an application and background check that you’re happy with, you can get a pre-made standard lease agreement that you can customize for each property. This lease will be automatically filled with the information provided by the tenant lead you’re signing the lease agreement with, as well as key information about the terms and unit.

You can use NowRenting’s standard lease agreement template as it is or duplicate it and edit it. It all depends upon the level of customization you want.

Additionally, you can upload lease agreements that you’ve created outside of NowRenting and use those as lease templates. Any templates you create can be saved and duplicated for further editing if you wish.

Once you’re happy with the lease, you can send it to the tenant lead via email or SMS. NowRenting facilitates e-signatures for both you and the tenant.

This is hands down the best way to streamline the tasks involved with rental lease agreements.

6. Automate Rent Collection

Another great way to streamline property management operations is to automate your rent collection process. When you use NowRenting, tenants can schedule automatic rent payments on their own via their online NowRenting portal.

These are deposited into your bank account via ACH. You can also give tenants the option to pay via credit card if you wish to make that option available to them.  It’s time to ditch the cash and checks and upgrade to online rent collection.

7. Schedule Automatic Tenant Reminders & Notifications

With NowRenting, you no longer need to chase down tenants who haven’t paid their outstanding balance. You can set up automatic reminders that will be sent to tenants for any of the following:

• Rent is Due
• Rent is Late
• Rent is Overdue
• Eviction is Pending
• Eviction Started

You can edit the settings of the notifications such as the message and the number of days passed that will trigger the notification. Essentially, these notifications help to bring your tenant’s account current so that you don’t need to.

Not only can you schedule a reminder for payments, you can also set reminders for lease renewal–as long as you’d like to invite that tenant to renew their lease!

8. Create a Custom Website in Minutes

Creating a website for your properties can be time-consuming. With NowRenting, we streamline that process by providing you with a customizable template so you can do it by yourself within minutes. No professional website development experience needed!

Showcase your properties’ amenities and key information with your choice of three different themes and six beautiful color schemes. You can also integrate NowRenting’s resident portal for painless maintenance requests, ACH & tenant communication.

9. Centralize Tenant Correspondence & Maintenance Requests

One of the best ways to streamline property management processes is to centralize all business communication–and to be able to access it on the go from a mobile app.

You need to keep your personal and business communication channels separate in order to maintain your sanity. Otherwise, you will feel discombobulated with records of conversations scattered between texts, voicemails, emails and instant messages.

With NowRenting, you receive a centralized channel for all tenant correspondence that is accessible both on the web and in a mobile app on your smartphone. Even phone messages will be forwarded to your NowRenting dashboard–because we give you a separate number and email for your business communication.

Each message is linked back to a specific lease, so you know who you’re dealing with at a glance. Maintenance requests and messages from leads will all come through one dashboard, and you can choose to filter by the type of messages you receive.

For maintenance requests, tenants can send you a photo along with the request so you can see exactly what is going on that needs fixing. These are tracked within your messaging portal, so you can simply close out the issue when it’s resolved.

10. Sync QuickBooks to Streamline Property Management Financials

Last but not least, another way to streamline property management tasks is to sync your QuickBooks account with your NowRenting account.

This means that any online payments you receive through NowRenting will be reflected in your QuickBooks account. Any tenant balances due will also reflect what’s in your NowRenting account.

And to make it easy, you can access NowRenting with a single sign-on using your Intuit login.

Ready to Streamline Your Property Management Operations?

Now that you know the top ways to streamline your property management tasks, it’s time to finally put those into action. After all, you’ve already lost countless hours to managing your rental business with inefficient processes.

With NowRenting, you no longer need to waste another minute.

Whether you’re a solo landlord or professional rental property manager, you can try NowRenting FREE for 7 days!

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