Learn

New Note

Create a note for yourself from this lesson. Notes allow you to quickly jot down any valuable information you'd like to review later. You can find your notes by clicking on "My Notes" in the profile navigation menu.

REI Tech

Round 3: A New Contender for Property Management on Your Smartphone

hoganAre you ready to rumble?

In this corner, weighing in at just $5.98, a new contender for the title of “Best Property Management App” for your Android smartphone…

It’s the Rrrrrentaaaal Propertyyyyyy Managerrrrrrrrrrrrrrrr!

That’s right, folks.  The Rental Property Manager app!

It’s Tech Tip Friday here at Real Estate Mogul, and I’m here to tell you all about this awesome new contender – one that a good friend recommended to me only recently.

Now, in previous lessons, I’ve already shared several other property management apps with you, including:

…but there’s no way I’m gonna stop there.  Especially when I learn about new software that could greatly improve your investing business.

After all, information is power – and the more you understand what’s available to you and your business, the better.  (Profitability is at stake!)

So, let’s roll with Round 3, shall we?

The Rental Property Manager

I’ve asked you these questions before, but it’s worth asking again, if only to remind you about just how valuable tools like the Rental Property Manager app can be:

  • Wouldn’t you like to have the power to manage your rental property right from your fingertips?
  • If you could contact your tenants with minimal headaches, wouldn’t you?
  • How would you like to track your expenses and profits with ease?
  • Wouldn’t you prefer to make tax time less painful with easy-to-generate financial reports?

rockYour answer, of course, should be a resounding “Yes!” to all of the above.

This app for property managers and landlords not only possesses all the functionalities every landlord needs, but it also provides the best bang for your (cheap) buck. The capabilities are seemingly endless, and all your properties’ vital information is stored right on your trusty mobile device.

Rental Property Manager Can Build Your Business & Beef-Up Your Wallet

The Rental Property Manager app can help simplify your business and ultimately help you make more money. Specifically, here are some of its key capabilities:

  • Adds property- and modification-related details like rooms, utilities, and appliances
  • Offers support for multi-unit properties
  • Has ability to add tenants -- with functionality to send text messages and emails to each one of them
  • Can mass email and text all property tenants simultaneously
  • Adds rents to be collected with reminders
  • Assigns rent to single properties, buildings or units
  • Manages partial rents and late fees
  • Views future, overdue, and completed rents, expenses, and tasks
  • Generates financial reports for every property on a year by year basis
  • Lets you export your driven mileage to an excel spreadsheet (a priceless tax deduction tool for those investors among us who spend more time driving to properties than in their own homes)
  • Exports property and tenant information into Excel spreadsheets on SD card or by email
  • Backs up and recovers the database

Also, for a monthly charge of only $1.00/mo, this versatile little app will also provide Premium Users with a helpful “property inspection” functionality, with the ability to assign status, notes and pictures for an extensive list of regularly-referenced items.

liteOn the other hand, if you’re unsure about taking the plunge with this Rental Property Manager app, check out the software's free “lite” version here.

The trial version won’t cost you a dime...

...but keep in mind that it’s limited.

What Other People Are Saying

So, what are people saying about this new Rental Property Manager app?

In short: Not that much…yet.

Reviews are limited at this time, although the limited “buzz” seems to be increasingly positive. Accordingly, if you are a fellow Android fanboy (or fangirl), please check out this intriguing new tool, and then please leave some feedback in the space below this lesson, for the benefit of any of your fellow Moguls who may be slow adapters.

And remember, when it comes to (i) sharing helpful information and (ii) being educated about the tools that improve our businesses, more is more!

 

Do It To It! Immediate Action Steps

Download – Download the Rental Property Manager app for $5.98 – or its free “lite” version – for Android devices.

Enjoy – Enjoy robust property management functionality in the palm of your hand.  

Share – Share your own review of this app in the space immediately below today’s lesson, for the benefit of any of your fellow Moguls who may be slow adapters.

Is there a topic you'd like to learn more about? Request a Lesson

Finished?

+ Mark as Learned

Valuable Lesson? Share it:

Interact

Request a Lesson

At RealEstateMogul.com, mogul_guarantee.pngwe’re committed to delivering the awesomest, most practical, actionable content to our members … and that a big part of that is getting YOU to tell us what you'd like to learn from us. Since our REI resources are basically endless, we’d love to tailor our upcoming training as much as possible to precisely match what you, our members, really need and want out of us.

jpsig.png Request form