Owning a rental property can be a very satisfying investment; however, without utilizing organizational tools to assist with communication and time management it may be a stressful scenario for an owner. Working with a credible property management team like Real Property Management South Orlando is a great start to staying organized but there are extra steps that may be taken to help you sit back and relax as you reap the benefits of investing in rental property.
Communication
Owners can typically feel out of the loop if they do not have an established mode of communication with their property management team or tenants. this may leave you questioning what you could do differently to help make your property a success, or questioning what your tenants may be wanting more/less of. This issue is easily resolved once you select a primary mode of communication and let your property management team and tenants know. you may consider using:
- Text messaging
- Phone Calls
- Messaging Apps
Once you selected a primary form of communication this gives you the confidence that you are well informed on your property and its success, and have the ability to reach out to make changes if you need. Establishing this at the start of your investment property journey helps form good habits, and stay organized over the course of your journey.
Establishing a primary communication method also helps you avoid missing vital phone calls, or emails, only to have this result in a frustrating situation for you or your tenants. Avoid the mess that bad communication brings and stay ahead of the game with the following pointers.
Time Management
One of the most important aspects of staying organized is time management. Management tasks and repair needs will quickly pile up, so utilizing your property management team to remain on top of those is the number one way to keep your residents happy and not let problems fall through the cracks.
While you will not be physically fixing the leaky sink or handling tenant screenings, it’s up to you to make certain all systems are in place to do so and follow up with your tenants to ensure they were happy with the service. begin every morning with customer service on your mind, contemplate what’s a priority for your residents, or what your property management team needs from you to serve your tenants and arrange your schedule as such. you can still accomplish all your daily goals by utilizing proper time management strategies, making tenants happy and letting you sit back and relax.
Utilize Technology
We live in the age of technology, and with that, there is an app, or organizational software, for everything. one of the most effective ways to remain organized is having all your notes, dates, passwords, and reminders in the same area.
This could be your Gmail or Outlook calendar or maybe a separate scheduling app for smartphones and tablets. Take the time to find a software you prefer so you’ll be able to begin centralizing your to-do lists. some of the top free apps and software for organization include:
- Dayforce HCM
- Google Calendar
- Wunderlist
- Harvest
- PocketLife Calendar
- Planner Pro
- And more!
While you may not need a software that tracks your every moment, it’s useful to utilize software that let you add meetings and reminders, make notes, and store important information. do not let management and daily tasks overwhelm you, work with Real Property Management South Orlando and begin taking advantage of the free organizational tools at your fingertips and see the success that this brings.
If you would like to find out additional ways in which to remain organized or would like additional info concerning our property management services, then contact us online or call us at 407-982-2000 today.
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