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TrueRent Featured on Digital’s Best Property Management Software of 2021

March 18, 2021  | 

TrueRent is very proud to be featured on The Best Property Management Software Of 2021 list from Digital! At TrueRent, we strive to maintain the most functional, streamlined, and easy to use property management software on the market. Our users have spoken, and Digital has awarded TrueRent a top property management software position on the 2021 Best Property Management Software List!

Customers are very impressed with TrueRent’s value, one comment stating,”very affordable. A lot cheaper than the bigger companies like Buildium and Appfolio, and offers a lot more than the smaller companies with similar prices. Very intuitive and easy to use.”

Thank you Digital, there are many property management software companies out there touting multiple features and services, but not all live up to their promise. We appreciate you helping our users make the right decision, by choosing TrueRent. Digital evaluates companies on factors that matter most to users. With that, they drew up a list of the best property management software options on the market, and we are proud to be on that list.


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TransUnion x TrueRent

September 23, 2019  | 

Managing and renting properties can be a very lucrative business, but your business depends on reliable tenants that will pay on time. Every landlord has experienced a difficult tenant, one that doesn’t pay rent on time, has a list of excuses, or is simply frustrating to deal with. So how do you avoid this? How do you make sure you are picking the right tenant that will pay rent on time?

Make sure you are taking the time to screen your tenants. This small step is crucial in selecting the right tenants, and feeling secure in your new resident. We are excited to announce that TrueRent has partnered with TransUnion and developed a new and improved Tenant Screening Service!

TrueRent’s integrated screening solution creates a simple and easy to read applicant report, including tenant application, TransUnion credit report and nationwide criminal and eviction report. This information provides you with the tangible data that you’ll need in order to make a well-informed decision.

Our integrated software will take your tenants through a proper vetting process, where you will receive the necessary information to make an informed decision. We’ve streamlined the process to make the screening as efficient as possible for not only yourself but your tenant. You can screen a tenant in a matter of minutes, and receive their reports instantly. 

Our new streamlined Tenant Screening service allows you to select if you want to cover the screening cost or have the cost paid by your applicant. As a TrueRent member, the Tenant Screening Bundle will cost you $24.95 for a TransUnion Credit Report with Resident Score and Nationwide Criminal Search. For $5.00 more, you can additionally receive a Nationwide Eviction Search.

If you are interested in using the Tenant Screening services without a TrueRent Membership, the bundle cost $39.95 per screening, paid by the applicant.


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TrueRent, Not Just For Residential and Commercial Rentals

July 3, 2019  | 

As the summer heats up, rental prices tend to do the same. While you could be leasing a commercial space, a residential property, or a vacation home, TrueRent is here to help with any of your property management needs. As pricing increases during the summer months, now is the time to get that vacant home, apartment, or vacation rental on the market.

Many people rent their homes during prime vacation seasons. As a matter of act, according to VRMA, vacation rental income comprises about 24% of the average owner’s income. A vacation rental can be a great business, and if you begin to rent out your home or apartment multiple times a year you will need somewhere to track deposits, collect payments, store leases, and more.

Let TrueRent help you track your vacation rental this summer. Add your renter as a tenant on the software, and enjoy the ease of direct payments into your account. With TrueRent you have Free Online Rent Collection, allowing the money to go straight from your renter’s account to yours. You can additionally charge deposit amounts and create Work Orders. As a property owner, you know it is greatly important to keep track of the state of your property, so with the ease of work orders, renters can let you know if there are any issues with the home, with attachment capability. Additionally, you want your renter to value the home like it’s their own, so Tenant Screening is also a great way to ensure you are leaving your home with a secure occupant. Beyond renter to landlord interaction, TrueRent is here to help track your property investment with a wide variety of analytical reporting.

Check out the list of great features, and see how TrueRent can simplify your property management: https://www.truerent.com/features/


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Interested in an Investment Property?

June 14, 2019  | 

Home values are continuously rising in the United States, and the closer you are to metropolitan areas, the higher and higher rent becomes. With the massive tech expansion and constant growth, this only means great things for landlords. As homes and commercial properties rise in value, property owners are likely to make substantial profits through rental income, and if they ever decide to sell the property, sale price.

While the current housing market is booming, due to past financial downturns it is smart to keep in mind a few things when considering investing in property. First of all, make sure you know what and where your buying. Research the area, are their businesses nearby, growing companies, safe neighborhoods? These are the questions that will help you ensure you are investing in a growing area. Additionally, make sure you properly inspect the property. How old is that property, has it been a rental before, are there potential geographical issues? Make sure that you know what you are investing in.

One of the foreseeable problems investors tend to not think about is their own protection. In many cities, there are tenant laws, that you will not only need to abide by for the time being but could be held to for a decade. Make sure you study the area, the buildings, and properly weigh all of your options. Be proactive in seeking out potential downfalls, or battles, to ensure that you are highly prepared and no surprises will be coming your way.

Once you have secured a location, and feel confident in your decision, make sure to get your ducks in a row. Create a schedule, an estimated expense tracker, expected income timeline, and organize your rentals. TrueRent, can help keep your property stay on track, providing Rent Roll, Income Statements, Owner Reports, Work Orders and much more. Our Property Management Software will help you keep track of the books while simplifying the process for both yourself and your tenants. By putting together a plan, you will be treating your property like a proper business.

All-in-all this is an investment, and like any investment do diligent research before making a decision. Rental properties are a great source of income, and if handled with care, consideration, and thoughtfulness, this can become your new full-time business.

 

 

 

 

 


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Manage Security Deposits with TrueRent

June 4, 2019  | 

Do you have a hard time keeping track of security deposits? Your tenant pays the security deposit weeks, months, or maybe even years ago, where did it go? Did you hold the deposit in a separate bank account, did you spend it on the landscaping for a different property?

Stop worrying and start organizing with TrueRent. We know that as a property owner you are handling multiple tenants, units, and payments each month. TrueRent has created our easy Deposit Billing and Refund capability, to provide landlords with a solution to the problem.

When uploading a new tenant you have the option to Bill, Record or Refund the Security Deposit. Rather than tracking down who paid their deposit, or scavenging for old records, you have the option to attach the security deposit right in the tenant’s profile. Once the security deposit is billed, recorded or refunded, the security deposit will forever be attached to that tenant and reflected in all relevant reporting.

Keeping track of security deposits not only helps you stay organized, but can help you avoid those uncomfortable financial mishaps.


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TrueRent Proudly Accepts Finances Online 2019 Premium Usability Award and Rising Star Award

May 2, 2019  | 

TrueRent is very proud to accept FinancesOnline 2019 Rising Star and Premium Usability Award! At TrueRent we strive to maintain the most functional, streamlined, and easy to use property management software on the market. Our users have spoken, and have given TrueRent a top property management software rating.

As stated by FinancesOnline:

“TrueRent is an economical yet full-featured property management software that includes tenant screening and online rent collection. It has multiple account types to serve the different kinds of people who need the application such as a property owner, a property manager, or both.”

Furthermore, they believe that TrueRent can assist users no matter how many units they need to oversee due to how it seamlessly streamlines all facets of your business. Considered by FinancesOnline as one of the best property management for small business, TrueRent can simplify all core operations, from screening tenants to collecting monthly payments. Because of that, property managers like you can “save more time and increase your earnings faster,” stated the reviewers.

FinancesOnline also commended TrueRent’s outstanding ease of use, user-friendly implementation, and easily accessible support team.

Now we want to hear from you! As our customers, we would love to receive your feedback! Please leave a review on FinancesOnline, and share what you most enjoy about the software: https://reviews.financesonline.com/p/truerent/#review


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First Time Property Manager? Check Out Our 3 Tips and Tricks on Becoming a Pro!

November 15, 2018  | 

Maintenance is Key

No matter how great your tenants are, every home needs some maintenance every once in a while. Be ready to help your tenants with anything, ranging from a broken toilet to a burnt out light. With TrueRent, work orders have never been so easy! You will be able to respond quickly to your tenants, and discuss the timing of repairs all online. Treat your rental property like it’s your own home. Take the time and do your due diligence when it comes to screening new tenants. They’ll be the caretakers of your property, so it’s worth the time and effort to find the right people. To check out TrueRent’s Tenant Screening features click below:

https://www.truerent.com/features/

Make Low-maintenance Choices

When it comes to your property, it’s easy to get excited about all of the possibilities. Big trees, rose bushes, bright paint colors, etc. While it is very important to maintain your property beautifully, make smart choices when it comes to the landscape and paint colors. Select a paint color that won’t show as much dirt, or use mulch or stones to cover pathways. You want to pick the right landscape and detail to make your property shine, while being cost effective.

Screening for the Right Tenants

Your tenants will be taking care of not only your home, but your investment. Be extremely diligent when it comes to tenant screening. With TrueRent’s Online Tenant Screening capabilities, we do the work for you. Choosing the right tenant is one the most important decisions you can make for your property. Tenant screening is a critical first step in ensuring that you find trustworthy, reliable, and quality tenants to fill your units. Protect your legal liability by providing yourself with tangible data that can inform decision making when choosing which applicants to offer a lease to. You will also help protect other tenants living on the property by ensuring that their new neighbor has been through a proper vetting process. You can never be 100% sure that a tenant is risk-free, but proper screening helps reduce your risks substantially.


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Flip or Fix? See Why Flipping Your Property Isn’t Always the Answer

October 20, 2018  | 

Whether you’ve been binge watching HGTV, or itching for some creativity, its in your best interest to skip the house flip, and add small improvements to your property. This investment will cost you less time and money, bettering your long-term financial gain.

With rents on the rise, real estate investors are inclined to invest more and more into rental properties. But the question is, take on an entire flip, or give your property some small improvements. Giving your property a face life is becoming the appealing option for real estate investors, as this investment saves your self time and money.

Take the time to learn how to be your own repair man or woman! There are basic repairs and upgrades that most people are comfortable performing. If the living room needs a fresh coat of paint or the carpets need to be shampooed, try to handle household items yourself to cut back on costs. These DIY low-cost fixes go a long way in improving a home.


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5 Tips For Property Maintenance in The Fall

September 13, 2018  | 

With fall around the corner, it’s time for you to start thinking about the new routine maintenance in your future. We have 5 tips to keep your property in tip top shape, even if mother nature wants to fight it…

  1. Clean Out Those Rain Gutters!
    While we love the crisp air, smell of cinnamon, and color of fall foliage, the piles of leaves can clog your gutters and cause serious damage. Clogged gutters can cause water to build up around your properties foundation, becoming hazardous if you live in an area where the temperature drops below freezing. The frozen water can create ice dams causing gutters to tear. Take action and clean out your gutters before the snow hits! Ensuring your tenants and property hold up safely during those cold and frigid winter months.
  2. Winterize
    Speaking of winter, when the temperature drops below 35 degrees sprinkler systems, faucets, and hoses suffer. You wouldn’t want your pipes to burst if residual water doesn’t drain would you? Close off those valves and make sure to take this necessary steps before the snow comes.
  3. Clean Your Fireplaces and/or Chimneys
    If your property has active fireplaces, make sure to clean them out before the weather cools. Ashes that build up in fireplaces can cause flames to get out of control, which is hazardous for your tenants and your property.
  4. Store or Cover Outdoor Furniture
    Those lounge chairs and couches were great for summer BBQs, but if your property has outdoor furniture now is the time to store it or cover it depending on your climate. Cold and wet conditions can quickly damage fabric, cushions, and wood frames, leaving your furniture unusable for the spring. Make sure to take care of this before it’s too late!
  5. Tidy Up Your Yard
    Want curb appeal? With the beautiful falling leaves that means one thing, more clean up! Make sure to clean up fallen leaves, branches, or overgrown landscaping. In the frigid temperatures these simple things can cause issues when frozen.

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Learn More About Seasonality’s Impact on Rental Prices

August 9, 2018  | 

Getting ready to lease that apartment? Well now is the perfect time to put it on the market. Although renters move year-round, the peak season of moving lies in August.

Apartment searches and moves follow a seasonal trend. Searches tick up from December to January, grow rapidly in July, and peak in the month of August. This is the most popular time of year to move for a few reasons. Fall is a common time to start new jobs, begin a new school year, and is simply an easier time to move. Renters want to avoid the cold or snowy, challenging months. With that being said now is the time to finish that fresh coat of paint, trim the grass, and get that property on the market.

As moves begin slowing down in the fall, rent prices tend to drop, as the demand lessens. For renters, moving in the “off-season” (December or January) they are more likely to expect deals. To get the most out of your property, try to get those rentals on the market before the beginning of the Fall.


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