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4 comments

Quick tips on keeping property management records

The property management industry is an area that requires carefully maintained records:

  • Financials
  • Lease agreements
  • Maintenance requests
  • More…

This can quickly become a headache, and improper record keeping can lead to big problems! This quick video offers some tips on what you should be tracking and how to track it.


Comments

  • Kim says:

    Which software programs do you recommend for a small property management business? Thank you!

    • Rent Like a Pro Team says:

      Much of this boils down to preference. We don’t recommend any specific software at this time. A simple Google search will reveal the most popular – start with the free trials. Don’t jump too fast, switching is a PAIN.

  • Lana says:

    I partially agree with destroying the credit reports. Maybe it’s a good idea to store them in case you have an audit. This might protect the owner and the manager from discrimination issues.

    • Rent Like a Pro Team says:

      Using an online company to process application is a great way to reduce liability. They store all important records in an appropriate way and help you screen tenants while following fair housing.

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