Ah, West Los Angeles, where people come for the tour of Universal Studios and stay for the subtropical Mediterranean climate. People moving to West Los Angeles are looking for backyard swimming pools, lavishly landscaped gardens, and high-speed internet access. As a property manager, it is your job to keep everything in immaculate condition and running smoothly. Read on for strategies to streamline property management companies West Los Angeles.
Streamlining Property Maintenance
Picture this, you’re in line at the bank waiting to deposit last month’s rental income. You get an alert on your smartphone. The sewage system at Property X has backed up and the tenants are hosting a wedding rehearsal dinner that night. People around you are staring, wondering why you are wailing with your head in your hands. Picture this instead, you have property maintenance software on your phone. You log the call, arrange an emergency contractor, and saunter up casually to the cashier’s window.
Not only does your trusty app store vendor contact details, invoices and call histories, it can also help you plan and manage all-important regular maintenance, the stuff that keeps those pesky pings at the bank down to an absolute minimum. There are loads of packages out there, and many vendors offer a free trial period. Try out a few and find out which one works best for you.
Whether you’re well established in the business, have just taken over a going concern or starting out on your own, you will find yourself constantly on the lookout for new business. While there are property management software packages to help you with this aspect of your business, marketing requires a personal touch. Here’s where social media can help. Post photos of the houses and apartments you manage on Pinterest. Follow local movers and shakers on Twitter. Post relevant local content, and they’ll soon follow you back. Make sure you interact with other people’s tweets by commenting, liking and retweeting. It’s fun, and you will be surprised how quickly you can grow a substantial following.
Streamline Payment Management
Everybody knows we’re moving toward a fully electronic system, where all invoices are issued and all bills paid online. There are, however, still quite a few pre-Baby Boomer generation folk out there who have always paid their rent by check, and want to continue paying by check. That needn’t be the major hassle you think it will. Rather than bully those recalcitrant gray-haired rebels into doing things your way, there are services that let you accept paper checks and magically transform them into electrons so they will fit into your shiny cyber bank account.
Lockbox services direct customer remittances to a secure lockbox, which makes several trips to the post office to retrieve mail. This reduces the amount of time it takes to process checks and reduces the opportunities for internal fraud. Copies of checks along with payment details are available through your online business account.
This is the digital age, make it, and these strategies for streamlining property management companies West Los Angeles, work for you!