Last Tuesday, my partner received a call from our landlord of our learning centre. He was angry because we were late for our rental payment. But the thing is we have always prepare the cheque before 7th of each month, and wait for him to collect it personally. He doesn’t want us to bank in for him as he would like to make sure that all his tenants have paid the rent and he has issued the receipts.

It’s really an old fashioned style of managing his properties. Since he has so many shoplots being leased, he should have an online property management software to help him managing his tenants’ payments and tracking them online.

Buildium Property Manager Edition

  • Maintain resident information for association owners and tenants
  • Track information about leases; maintain fixed term and month-to-month leases
  • Maintain ledgers; track payments, charges and escrow balances
  • Review leases that are about to expire in 30, 60 or 90 days
  • Quickly review payments received and outstanding balances accross all your properties
  • Generate reports on demand; ledgers, rent roll, ending leases, vacancies and more

Thus, he doesn’t need to go from one shop to another in different places to collect the rantal. He can just sit back and manage everything online. Too bad, he is not computer literate, if not, he will have definitely find this rental property management software useful.