In today's climate, technology has improved so much that it's hard to imagine life without it. After all, in the United States, 95% of people own a cell phone.
Managing rentals can take up much time when you own investment properties. There are so many avenues you need to have your hand in that you can't take a step back.
As a landlord, you must find and screen tenants, collect rent, and handle maintenance requests. If this sounds exhausting, this is where a tenant portal can help you.
We've got your back if you've never heard the term before. Keep reading and learn four ways a tenant portal can help you as a landlord in Atlanta, GA.
1. Fewer Vacancies
When you use a tenant portal to manage your rental units, one of the first ways it can benefit you as a landlord is you have fewer vacancies. The rental market is a competitive one, and as such, you want to offer your tenants convenience.
This way, they're more likely to stay in your investment property than look for a new place. A tenant portal makes communication and rent payments much more convenient for your tenants. And when your property isn't standing empty, you're making money.
2. Communicate Directly With Tenants
Another way a tenant portal can help is by opening up more accessible communication lines. When you're not using a property management company, communicating with your tenants directly is essential as a landlord.
When you make it easy for your tenants to communicate with you, you hear about problems early on and can take action before they become more significant. When tenants feel safe talking to you as their landlord, it can foster a more trusting relationship.
3. Handle Rent Collection
Rent collection is often one of the most challenging parts of managing investment properties. When money is tight, it's easy for tenants to fall behind on rent. A tenant portal can make rent much easier for your tenants and yourself.
When you use a tenant portal, you can send out rent reminders a few days before it's due. Tenant portals also offer tenants a convenient way of making their rent payments, making them less likely to default.
4. Quick Maintenance Turnaround
Our fourth and final benefit of using a tenant portal is how convenient it is for you to handle maintenance requests. When something goes wrong with your investment property, your tenant can send a maintenance request instantly, allowing you to jump on it immediately. This can save you time and money.
A Tenant Portal Means a Happier Landlord
As you can see, a tenant portal can be a valuable tool for landlords in Atlanta, GA. It can help you save time and money, improve communication with tenants, and ensure that your properties are well-maintained. If you're looking for a way to make your life easier as a landlord, consider using a tenant portal.
Please contact PMI Atlanta West today to learn how we can help you manage your properties. Our property manager will happily answer your questions and discuss your specific needs.