1. No data redundancy
Most landlords choose traditional record keeping technology such as spreadsheets over trying new software or mobile application. Using spreadsheets for your property, tenant and lease details can expose you to risk of data mismanagement. As your business grows the degree of data increases and becomes unmanageable. When you use a cloud based property management system such as world of rental, all your data is stored in well-organized modules for Properties, Leases, Tenant information, cashflow records, Inspection details. Moreover, searching for your property information or lease details is effortless with filters.2. Access File/Data anywhere
To manage multiple rental properties and their tenants, you simply can not afford to be tied down to a desk. Property maintenance is inevitable for any rental, sometimes you have to be on-site for inspections or to oversee repairs. The primary benefit of cloud synced property management applications is that you can access the important data any time and from anywhere. All the updates you make from your handheld device be it smartphone, tablet or iPad will be synced across the platform to be accessed upon the next log in.3. Eliminate Communication gap between tenants and landlords
It can be quite overwhelming to stay on top of all replies back and forth from tenants and vendors. With a dedicated property management system you can have features like call, text or email tenants directly from the portal or app. No more confusing threads of emails with your tenants. Fact: World of Rental has the feature of call, text, email renter directly from app. Also all the recent messages are shown right on the dashboard of web application.4. Intelligent reporting to analyze cashflow for each property
In property management, if you use spreadsheets you are missing out on intelligent reporting features of cloud based property management system like world of rental. Property management doesn’t only include recording and retrieving info about property and tenants. You need to know the income and expense of each of the property and its units. World of Rental offers graphical as well as detailed reports of profit/loss for all your rentals.5. Release of new updates, features for advance property management
Automatic releases of new feature updates on cloud synced property management software or applications gives you an edge over other on-site supported software. At world of rental, we are putting endless work to provide significant improvements in our property management system. A major advantage of having a cloud synced property management system is that all the latest released features can be accessed without having to download any files.