Managing a property may seem as easy as collecting rent, but tracking the property, the tenants, rental agreements, maintenance requests, and more can be challenging. A new property management tool is streamlining these tasks, simplifying the process for landlords and renters.
TurboTenant offers software solutions to help rental property owners efficiently operate rental businesses. The company helps more than 850,000 landlords in the United States by providing tools like property marketing, rental applications, tenant screening, online rent collection, maintenance.
Landlords can access TurboTenant online or through an app. The service is free, but users can upgrade to unlock additional features.
“We’re talking to everyday investors that are just trying to be more successful,” said Harrison Stevens, vice president of marketing for TurboTenant. “We’re giving them the best tools to reach their goals, and we’re saving them thousands of dollars a year compared to what a property manager would charge them.”
A game-changing property management tool
Census data shows that of the nearly 20 million rental properties in the United States, the majority are owned by individual investors, with more than 14 million people owning one to four properties.
Property owners may feel overwhelmed and decide to hire a property manager to handle the rental process, but TurboTenant empowers owners to manage their rental properties efficiently on their own.
“If you have one property, you don’t need a property manager,” Stevens said. “If you have 10 properties, you don’t need a property manager. If you have 50 properties, you don’t need a property manager. With the right tools and support, I have seen thousands of landlords succeed.”
TurboTenant helps landlords find tenants with free, one-click listings. Plus, it can help them run background checks, navigate leases and down payments. It also assists with understanding the nuances of real estate markets, including local laws. For example, local governments set different rules for how much you can charge for a pet or a security deposit, and TurboTenant can help property owners set these amounts.
One-stop service
First-time landlord Jillian Emura praises TurboTenant, saying it “has made being a landlord just really easy.” Part of the reason for that is that TurboTenant is a one-stop service.
“It really has everything that we have needed,” she said. “We were able to create our lease through it, and we had no idea how to create a lease.”
Emura’s favorite feature of TurboTenant is the payment function. Her tenants can pay online, and she can easily track these payments. The software can automatically add a late fee for past-due rent.
“If our tenant doesn’t make a payment on time, we get notified that they haven’t made the payment, and then they also get nudged that they haven’t made the payment,” she said.
Creating great experiences
TurboTenant is constantly improving — it’s now using AI to enhance the user experience. Soon, the software will be able to offer guidance to renters who have maintenance questions, potentially helping renters resolve their issue before their landlord needs to call a repair person. Plus, landlords can digitize move-in and move-out walkthroughs, reducing stress and miscommunication when it comes to tenants getting deposits back.
“We are trying to make being a landlord feel more like being a host, and reminding them that tenants are their customers,” Stevens said. “We are changing the way that people look at landlords, by providing them with industry-leading tools to make them more successful.”
“The landlords we service are everyday people, trying to build a successful investment strategy, and with TurboTenant they can do it in a professional way to lead to the highest chance of success. These are everyday people that now have the tools to create great experiences.”
Go to TurboTenant.com to sign up for free and start using the platform.
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