The high demand for rental properties continues to rise, with hugely positive benefits for landlords. While there is a lot of money to make from owning and renting property, the process of finding, letting, and managing that property is still very tricky. However, advancements in technology, tablet and mobile phone tech, in particular, can help to make things much easier for landlords. In the following post, we give you the lowdown on some of the best available right now and that will be in the near future.
The Landlord App From Direct Line
As the name suggests, this is an app that enables landlords to have a one-place-does-it-all piece of software for their mobile phones so that they have all they need for property management. As well as storing tenancy agreements and contact details, the app will also allow you to keep 5 different profiles for different properties in your portfolio as well as enabling you to keep track of your finances and any important dates concerning your properties, such as when you need to renew your Gas Safety Certificate for instance.
This is an app that aims to give landlords information about any prospective tenants interested in their properties. Essentially, it is the front end of a tenant database, which you can browse through to find any past misdemeanors that they may have committed.
It is important that all landlords who want to be successful keep up with the movements in the market, to understand best what is happening in your area. One of the best ways to do this is by using the Rightmove app. This is designed for prospective tenants, though landlords will find it useful also, as it enables you to easily and quickly searches through a database in excess of a million properties. Utilizing your phone’s GPS will show you the properties nearby, giving you an accurate idea of what people are letting homes and flats for.
Another app that does exactly as it says on the tin – Inventory Pro is one of the best ways to create an inventory for your different properties. Using the app you can keep a detailed inventory and condition report very easily.
If, however, you don’t want to pay for each individual inventory (you would have to do this with the above app), then Property Inspector might be the best choice for you. It is jam-packed with features, meaning you get more than reasonable value for the price, and includes a very simple and easy-to-use interface where you can create inventories and condition reports. It is an iPhone-only app, but because of this, it makes fine use of the camera – enabling you to store pictures of the different items listed in your inventories.
This is an already very popular app with consumers, as it gives in-depth information about attractions and amenities in your own area. Although this might not immediately seem like a good app for landlords to use, it can be used when you are expanding your existing portfolio. By knowing exactly what I in the area and near properties you are interested in, you can tell if they will be a good fit or not for your portfolio.