Landlording can be a time consuming job. Responsibilities such as screening tenants, signing leases, collecting rent, and maintaining properties take time and effort. Tools that make landlord lives easier become more important because they can save time. Saving time is like saving money. Here is a glance at some tools that every landlord should use.
Online Rent Payment
To really save time and eliminate headaches, landlords should collect rent online. Collecting rent by check, depositing the check, and waiting for funds to clear are time consuming and inconvenient tasks for everyone involved. With so many choices today, landlords can easily find an online rent payment service and be up and running quickly and with little effort. For example, ClearNow has been serving landlords and tenants since 2000 making the entire rent payment and collection process efficient and easy. Tenants benefit from online rent payment, too, as they just need to have funds in their bank account. No other effort required!
When it comes to leases or any document that needs a signature, landlords should use an esignature service. With esignatures, you eliminate the need for printers, paper, and time to meet. Electronic signatures come in especially handy when multiple people need to sign a lease, like in a roommate situation. Each party can sign on their own device at their own convenience. Once signed , everyone gets a copy of the lease. Similar to online rent payment services, there are a lot of esignature services today. eSignToday is an affordable esignature service that charges a flat fee of $0.50 per signature. DocuSign is a service that charges on a monthly fee and caters to those who need frequent signatures.
The list of tools that make landlord lives easier can be lengthy. While we have touched on just a few here, know there are many more available to save landlords time and eliminate headaches.