Ideal Landlord software supports management of single and multiple family residential rentals, Commercial Property Management, Mobile Home Parks and Mini Storage. The software also supports management of Owners' Associations and Mortgage Servicing Agencies.
One of the main goals of using software which helps you with property management, is to make it easy to manage tenant accounts. Leases can be set up in the software as you wish, and the software then manages the billing, accounting and communication functions for that tenant. Lease documents are available in the Document Library or you can upload your own. These documents can be edited and sent for esign as part of the sequence of setting up a new tenant account.
You will be amazed what a life changer Automated Rent Payments are for a landlord. Tenants love it too. They can log into their Tenant Portal, click Make a Payment, choose the account they wish to use and click submit. The rent is paid. But all of the accounting is automated as well. So that payment which is made through the tenant portal is sent throughout the account software and balances all charges. You basically have to do...nothing!
Ideal Landlord is basically an accounting system with many other features. The accounting system is easy to use and manage. Much of it is automated especially for rent collection made through the Payment Portal provided to account holders. (Tenants, Members or Mortgage Owners)
There is a full cadre of reports available on the software. Accounting reports give you data for Balance Sheet, Profit and Loss and Cash Flow. Perfomance report show you how well you are doing at managing your business. These reports are included with your subscription.
Statements are sent to each active account holder in your software according to the interval you choose. This allows subscribers to manage tenants, or if they have other business formats individuals can manage association members or mortgage payments, depending on which business they have. Statements can also be edited with new charges as needed.
Our webflyers are beautifully designed to attract attention of viewers who are looking for a new place to live. When activated, these webflyers are sent out to 48 different URLs in the United States and stay open until you deactivate them. The system also allows the subscriber to copy the body of the webflyer and upload that data to Craigslist world wide and Kijiji in Canada, which produces a nice looking ad.
Your property is valuable and you want to find the best tenants available who will pay rent on time and care for your property. Tenant screening is a very important aspect of property management when filling vacancies. Ideal Landord provides built in tenant screening through Transunion in the United States.
An important task in property management are inspections. Ideal Landlord allows you to schedule inspections and sends reminders when they are due.
The document library in Ideal Landlord allows you to upload your preferred lease templates for use with the built in esign feature. You can load as many different documents and different leases as you need. They are then available to you when you need to create the actual lease document as part of the create a lease sequence in the software.
The portal system gives tenants, associates, agents and vendors their own log in and account page from your account. Tenant and Vendor Portals are included with your software. All portals are accessed by invitation only.
Ideal Landlord provides a message center which can be used by subscribers and tenants, associates (employees) and vendors to communicate. All messages are saved/filed in the system automatically.
If your business model is to buy, rehab and flip houses, you can use this software to manage the accounting from pre purchase to sale. You can track your costs. You can post properties for sale using the for sale sites that Ideal Landlord supports. If you tenant and then sell, you can use the tenanting software to screen and onboard tenants and then sell to other investors with the tenant in place.