Posts about Tools & apps (2)

Finding new tenants during rental turnover is the most challenging and time-consuming part of a property manager’s job. With the average vacancy lasting thirty to forty days, it’s a major disruption to cash flow and annual income, plus the work involved to find and screen potential tenants is a significant effort.

The main reason to use any technology is to get more done with less effort, all while automatically tracking the results—and that’s absolutely the case with rental properties. Property management software, including tenant lead software, helps property managers save time while getting their vacancies filled faster with better quality tenants.

When you get a lot of poor quality tenant leads, you’re not just giving yourself more work in having to sift through them all to find a good one. You’re also opening the door of opportunity for your competitors to get to the high quality tenant leads before you can. That’s a risk that a property manager can’t afford to take in today’s tight rental market.