Recent census data shows that the rate of homeownership in Jacksonville is on the rise. What does that mean for local property investors who are trying to reach the remaining renters?
It's time to step up your game and provide amenities that make the rental life easier for tenants. Today, we're talking about the tenant portal, which can also make the rental life easier for you.
What are the benefits of property management software that includes a tenant portal? Read on to find out.
Increasing Rental Efficiency
Gone are the days when renters of all ages knew how to write and mail a check. If you want to collect your rent on time and in full every month, you need to provide an online rent payment option.
Not only do tenant portals allow renters to pay rent in just a few clicks, but they can even set up automatic payments.
Tracking Profits Across Multiple Units
If you're an accidental landlord, you may only have one property to manage. What if you're an investor with a growing portfolio?
Using a tenant portal allows you to synchronize data across properties. You can easily track rental payments, maintenance requests, and more, all in one place.
Communicating About Maintenance
When you're looking for modern landlord tools, you're looking for smart ways to solve multiple problems. In addition to paying rent on your tenant portal, tenants can:
- Report maintenance issues
- Receive communication about upcoming service appointments
- Track maintenance progress
This can actually incentivize tenants to let you know about problems before they spiral out of control.
Making Leasing Simple
Nothing is more valuable to a property owner than a lease renewal. Tenant portals can also serve as part of your creative leasing strategy.
Upload your tenant's active lease to the portal so they can easily review your rules and expectations. When it's time to renew, send a copy of the new lease and collect digital signatures for a quick and simple renewal.
Appealing to Modern Renters
As more tenants make the switch to homeownership, it's vital that you stay on top of modern trends. The goal is to continue appealing to the remaining pool of renters and remind them of why they prefer to rent.
According to Multifamily Dive, more than half of today's tenants would rather communicate online with their landlord. Providing a tenant portal creates a streamlined way to pay rent and communicate, establishing your commitment to tenant preferences.
Get Access to Our Jacksonville Tenant Portal
Whether you're an accidental landlord or a budding investor with a growing portfolio, you need a tenant portal. As you can see, tenant portals can increase tenant engagement while making life easier for both of you. Now it's time to select the tenant portal that suits your needs.
At Northeast Florida Realty, we've been perfecting our approach to property management since 2006, making us one of the most established property management groups in Jacksonville. In addition to setting up your tenant portal, we allow you to customize your property management services to get exactly the help you need. Contact us today to get started.