6 Best Online Services for Landlords
The task of being a landlord might be very overwhelming sometimes.
To make your work easier, you might have been considering looking for online services.
In this article, we are going to look at some of the best online services for landlords. Let’s have a look;
1. Home property insurance service
There is no better service for landlords than home Property Insurance Services.
At any time serious damage may occur to your property and without insurance protection, you might run extremely huge losses.
Home property insurance is meant to protect a landlord from financial losses that may result from risks insured against.
Some of the coverage every homeowner should have are; property damage resulting from natural hazards like storms, hurricanes, fire, wind, and tornadoes.
You might also want to cover the risk attached to the theft and loss of possession.
The right information is always with the customers. Find the most affordable insurance by comparing services offered by different insurance companies.
2. Rent collection service
Following up your tenants on their monthly rental turnovers might prove to be a Hard task, not unless you choose to work with that rent collection service.
A rent collection agency will do all the chasing and collection for you.
How they normally work is that you quote for them the total rental money you expect. On a certain date, the agency turns it over with an agreeable percentage deducted.
If a tenant fails to pay, that is upon the agency, all you have to do is collect your exact money from the agency.
Of course, different agencies have different ways of handling their business. All the guidance will be provided to you by your rental collection company.
3. Property maintenance services
An overwhelmed landlord should seek help from a property maintenance service company.
A maintenance service company will often have their services cover general cleaning services, lawn maintenance, minor repairs and upgrades, and pool cleaning.
For the winter season, you will need assistance from a property maintenance service to remove snow.
There are a lot of property maintenance services online and upon your request, they will have their team dispatched to work on your rental properties.
4. Tenant Screening services
Tenant screening is one of the most important parts of renting out a property.
Every landlord should know all the possible information about who is to reside in their property.
While it is impossible to know all the information about your tenant, there is a basic minimum that every landlord should know.
The following are what you should look for when screening;
- The tenant’s background
- Any eviction notices
- Causes of the previous eviction (if there is one)
- The tenant’s income and employment history
- Lifestyle choices.
Sourcing your tenants’ lifestyle choices is particularly important because, for instance, if your house is located in a family-oriented neighborhood and your potential tenant is known to host big loud house parties, it might be a cause of concern.
A landlord with many properties out fully leasing may need the help of an online tenant screening service company.
5. Property Management services
It is not easy to keep track of all the services a property needs. Rental collection, maintenance, eviction notice, property insurance, repairs and update, security, and many more.
A landlord feeling overwhelmed with such obligations may need to seek the services of a property management service company.
Not only will you be relieved of the stressful duties but also, get better and faster rental money turnovers.
A property management service will also take over a lot of other responsibilities that would require you to hire a different service provider such as tenant screening, property maintenance, and many more.
6. Move-outs and eviction services.
An eviction notice may be used interchangeably with a vacation notice.
It is common for landlords to get into lease agreement disagreements with their tenants. As a landlord, you should be prepared to issue an eviction notice to a tenant at one point in time.
If a tenant’s eviction is not done properly, you might just find yourself in trouble with legal enforcement.
For this reason, you may be forced to seek an eviction service. Such services minimize property damage as a result of eviction.
They also help assess whether the reason for eviction is reasonable to prevent unnecessary court wrangles with your tenants.