Landlords stress about a lot of things. From finding the right tenants to maintenance coordination, being a landlord comes with a lot of responsibility.
Property management is more manageable with a tenant portal. Portals can improve communication, rent collection, and much more.
Keep reading to learn the benefits of tenant portals for Bellevue, WA, landlords.
Easier Communication
Without transparent communication, important things can be missed. This causes a strain on the landlord-tenant relationship.
A tenant portal offers easier communication and 24/7 access. A chat feature allows tenants and property owners to exchange words online. These conversations are documented so either party can review them.
You can improve tenant communication by sending regular updates regarding the property. Tenants will never miss anything you want them to know about inspections, repairs, or rent payments.
Document Management
There are many documents involved when renting a property. It's difficult to track those that have been signed without a tenant portal.
Documents are uploaded to the tenant portal and signed online. This removes any stress that either party might experience. Additionally, both the owner and tenant will have access to documents when they need them.
Documents can have private details in them, such as financial and personal information. A tenant portal is secure so that landlords and tenants have privacy protections.
Portals are password-protected and each tenant has their own account.
Stress-Free Rent Collection
One late rent payment can put a strain on your rental property's finances. Implementing a tenant portal makes rent collection as stress-free as possible.
Tenants prefer to pay rent online because it provides them with more payment options. It's easy, convenient, and allows landlords to send payment reminders.
Landlords don't have to worry about holding onto checks or collecting payments in person.
Tenant portals allow both parties to check the payment history. This heightens the level of transparency and can help build trust in the relationship.
Faster Maintenance Coordination
Maintenance and repairs can put a strain on the tenant-landlord relationship if not handled correctly. A tenant portal makes it easy for tenants to make a maintenance request online at any time of day.
The requests will include detailed information and photos of the problem, speeding up the maintenance coordination process.
If you hire a property management company, your property manager will review these requests. They will order them by emergency and connect with a contractor who can fix the problem quickly.
Do You Need a Tenant Portal?
Implementing a tenant portal for your Bellevue, WA, rental property is beneficial for you and your tenants. Portals are the most effective way to communicate, manage documents, collect rent, and coordinate maintenance.
Hiring a property management company streamlines the process of adding a tenant portal. Professional property managers at Brink Property Management, Inc., know the ins and outs of this software.
As the most experienced property managers in the region, we help landlords reach their goals. With over 27 years serving the local market, we are ready to take on your needs. Contact us today to get started.
