New Release of Rent One Online Provides Integrated Management of Vacation and Long Term Rentals for Real Estate Offices and Rental Managers
Building on success of easy-to-use vacation rental management software, Rent One Online now provides the capability, within a single system, to manage leases and long term rentals along with vacation rentals.
Scotts Valley, CA (PRWEB) October 28, 2005 -- Rent One Online, provider of innovative rental property management and travel software solutions, announced today from the REALTORS® Conference and Expo in San Francisco, the addition of long term rental management capabilities completely integrated into the easy to use, web-based vacation rental management solution.
These new features, available for the same pricing of just $1 per property per month, are another significant addition to the Rent One Online rental management solution. It also underscores Rent One Online’s commitment to “destination area” real estate offices and rental property managers who will no longer need to implement, manage and pay for two separate computer systems in one real estate office in order to perform all of the property management functions.
For example, a real estate office that manages vacation beach homes and residential apartments can now streamline the operations of both through one system. They can also easily manage properties that transition from short to long term such as student housing.
Bart Meltzer, founder and president of Rent One Online, has listened and responded to the needs of both current and prospective customers. According to Bart, “Many of our customers are using two completely different software systems to manage short term and long term rental properties. Yet, it is clear they use the same vendors to clean, repair and operate their rentals and each month they end up doing double the vendor accounting and check printing. At the end of the year, they are forced to consolidate information across two systems to generate one 1099. Rent One Online provides a single, integrated solution to manage both types of properties. We streamline and consolidate vendor accounting and tax reporting across both sides of the property management business and reduce the IT, maintenance and training costs of running two systems in one property management office.”
Key features and benefits specific to the management of long term rentals include:
| | - Powerful search to find available units
- Flexible unit configuration lets you easily move units between a long term and short term rental pool with one click
- Place and relocate tenant through intuitive process
- Automatic lease generation and accounting automation
- Lease and payment management
- Flexible late payment, management fee and other charges configuration
- Trust accounting for rent income, security deposit, and property expenses
- End of the month owner and vendor reporting with professional statements and checks
- Powerful reporting including rent roll, aging, occupancy and income statements
- Advertising site publishing and property marketing tools
- Centralized property maintenance & work order management
- Archiving of leases, accounting, owner and vendor statements
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Jim Metcalf is the owner of Hawaii Resort Management in Kona, Hawaii, a full service rental management and real estate office that manages over 350 properties with Rent One Online. According to Jim, “The ability to manage both vacation and long term properties with a single system is ‘the’ critical feature for any real estate office or property manager that manages a mix of both properties. With Rent One Online, I can manage all my properties with a single, easy to use system that I can access from anywhere. As a result, I spend less time and money on rental operations and more on building relationships that result in real estate transactions.”
About Rent One Online
Rent One Online provides 100% Web-based rental management and travel software solutions for rental property managers and real estate offices. The Rent One Online mission is to bridge the gap that currently exists between the “destination area” real estate market and the larger travel services industry. Rent One Online does this by increasing marketing effectiveness, providing professional rental management tools and offering complementary and profit generating travel services. Visit www.RentOneOnline.com.
Media Contact:
Joel C. Messenger
Vice President of Marketing
415.637.4296
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