How do property managers in Surfside Beach manage to keep up with all of the showings, listings, rent collection, tenant screening, maintenance calls, and financial reporting?
It’s not easy.
But for management companies like ours that are willing to invest in excellent property management technology, there are plenty of ways to streamline and automate the leasing, management, and maintenance services we provide. With our software and our systems, property managers can consistently check off the tasks that are required to manage your rental home while investing more time and resources into tenant retention and improving the performance of your rentals and your entire portfolio.
Let’s talk about how we streamline property management in Surfside Beach for investments like yours with our technology.
How to Price Your Surfside Beach Rental
Pricing can be complex and frustrating, but the data and insights we’re able to gather make it more streamlined and more aligned with the local rental market. Our property management technology allows us to price your property accurately. There’s less risk that the price will be too high, which can lead to longer vacancies, and less risk that the property will be priced too low, which simply leaves you out of luck when it comes to maximizing what you earn.
Our data delivers a rental value that’s accurate, competitive, and profitable.
Pricing impacts vacancy and it drives tenant interest or disinterest. It plays a role in the marketing process and it impacts how much you raise the rent during renewal times. It has to be right. Property management technology helps us gather accurate data to make the right pricing recommendations.
Better Technology Leads to Better Marketing
Marketing your rental property online is a lot more organized than it once was. That’s thanks to technology. Not only are we utilizing all of the popular rental sites online (and syndicating a single listing, which saves a lot of time), we’re also using our technology to leverage social media and professional networks.
The tech tools we have available to us even allow for better listings. The photos are a lot more attractive. We can incorporate walk-through videos. Online lease signing leads to a faster turnaround time between showing, application, approval, and move-in. That means your rent starts coming in faster.
Not only can we use our technology to share your listing across more platforms to get it in front of more potential residents, we can also gather important data that helps us to a better job of ultimately leasing the property. We can track the results of your listing, including how many people view it, contact us, schedule a showing, and fill out an application.
Convenience: Surfside Beach Tenants Expect Online Rental Payments and Maintenance Requests
Technology provides a more simplified and streamlined rental process. There’s also more convenience for landlords, property managers, and tenants. Think about the evolution of the tenant portal. It’s come a long way since it was merely a platform upon which to collect rent. Now, we can not only collect rent but provide important documents like lease agreements and inspection reports. We can communicate via direct messages and set up reminders about lease renewals and preventative maintenance.
The online rental payment portal remains one of the best and most appreciated tools. Tenants in the modern world expect to be able to pay their rent online. It’s how almost all other bills are paid. Paper rent is not necessary anymore unless your residents insist on writing checks.
Our experience with electronic payments has shown that online rental payments lead to on-time payments. The technology we use has also evolved to deliver a well-documented rent collection process. Collecting checks and money orders only adds to delinquency and gives tenants an opportunity to be late. They provide a higher risk for fraud. Online payments, however, are secure and convenient. They can schedule payments in advance and even set up recurring payments every month.
There’s more to what property management accounting software can do. These systems have evolved to allow us to provide all the financial reporting that our owners and investors need. We can pay owners earlier in the month and provide a detailed and accurate statement of income and expenses associated with the property.
Good technology allows us to automate all of our accounting, providing the type of transparency you need when you’re tracking income and expenses or filing taxes.
Documenting Maintenance and Repairs for Surfside Beach Properties
Technology has also evolved to help us provide more responsive and preventative maintenance. Property managers in Surfside Beach are able to document the condition of your home before a tenant moves in with photos, videos, and notes, which are easily uploaded from the property itself. This information is then easy to access when the tenant moves out and it’s time to do a move-out inspection.
Tenants can use the portals we’ve just talked about to report routine maintenance issues and make repair requests online. This helps us document the work that’s needed on your property, and it keeps us accountable to the repairs that are needed. You’ll also have the information you need to make decisions. You’ll know exactly when your flooring was replaced, when your washer and dryer broke down, and how long ago your electric was updated. The written record is helpful for preventative maintenance purposes and it also allows us to organize our response and schedule our vendors.
The way we use technology as Surfside Beach property managers is ever-evolving. There’s now more access to Artificial Intelligence (A.I.), which is making it easier to respond to customer questions. We can anticipate maintenance needs.
At J & P Unlimited, we embrace technology, and we encourage our owners to understand how it’s working for them and why it matters.
If you’d like to talk more about how our investment in the best property management technology allows us to streamline our services and serve you and your tenants better, please contact us at J & P Unlimited. We manage investment properties in Longs, Myrtle Beach, Conway, Surfside Beach, Murrells Inlet, Socastee and the surrounding areas.
