With almost half of all Californians living in a rented home, property owners have the potential to host a lot of people at once. Dealing with so many questions, requests, and payments at one time can be a hassle.
This is why many landlords implement a tenant portal into their business. It's a place that can help make your life as a property owner better than ever before.
To learn the specifics of why a portal is so beneficial, make sure to keep reading!
1. Quicker Payments
Are you tired of large delays on your rental income? Do you wish your tenants would have a way to pay on time, every time?
The fact is that even the best tenants are sometimes late with their rent, but there are ways to prevent this from happening.
Access to a tenant portal makes the entire payment process easier for your tenants. With a simple online option available, they won't need to worry as much about ensuring mail is delivered on time or waiting for a check to clear.
With a few clicks to set up and a few clicks to pay, rent will no longer be a headache for anyone.
2. Better Communication
A landlord-tenant relationship can't grow without proper communication. A tenant portal is a huge asset because it gives both you and your tenant an easy way to keep in contact.
Even if you don't communicate through the portal itself, you can offer other options to make sure every tenant can get ahold of you.
3. Easy Access
Sometimes there are questions tenants ask that you end up getting tired of answering. It takes up a lot of your time to answer simple questions in a contract or policy.
Including the answers to these kinds of questions on your tenant portal will save you a lot of time and energy. You'll also want to include things like agreements, policies, and other paperwork.
This makes certain that your tenants have everything they could need at their fingertips. They'll look to the portal instead of asking you for that information.
4. Decreased Workload
As a rental property owner, you'll have a lot of things to do every day. It can become overwhelming if you don't take steps to help mitigate these tasks.
While a tenant portal doesn't help with more in-depth things like tenant screening, it does help with a large amount of your general workload. Once you start using one, you'll wonder why you didn't start sooner.
Give yourself more free time!
Build a Successful Tenant Portal
With a high-quality tenant portal, your tenants always have the info they need, quick contact options, and easier rent payments. All while giving you fewer things to worry about.
If you're looking for more ways to decrease your landlord workload, consider reaching out to a property management company.
PMI Santa Cruz uses top-of-the-line technology to provide you and your tenants the service you deserve. We offer property owners help with finances, maintenance, screening, and portal upkeep. Contact us today and we'll get you started on the right path towards your business goals!