Denver, CO (Vocus) November 10, 2010
Orogeny Software, LLC, the parent company of FreeRentalSite.com today announced the launch of MyRentalInvoice.com. My Rental Invoice is the first product of its type in the property management industry. Every other industry provides their customers with an invoice for payment due, yet for one of the largest expenses, rent, a rental invoice is rarely provided. Traditionally, because of time, effort, and expense, the property management industry has not provided its customers (renters) with an invoice. MyRentalInvoice.com makes it easy for real estate investors, and property managers to quickly and easily invoice their tenants for rent due.
The product allows landlords to create a lease one time, and then it automatically invoices the tenant a PDF formatted lease 10 days prior to the rental due date for the life of the lease. It only takes about 5 minutes, and has a minimal cost that covers the life of the lease. These two elements are critical, as most property managers and real estate investors have very little time, and very tight budgets.
The product was developed not only because there is no alternative, but research suggests that tenants pay their rent sooner, and more reliably when they receive a reminder prior to the expense. This puts the rent payment on their mind, and forces them to defer purchases that will negatively affect their ability to pay their rent. The return on investment for this product is overwhelming.
In addition to invoicing tenants, the product is jam packed with features that make the landlord’s life easier. Landlords can set up the lease one time and the software will invoice the tenant for the life of the lease. If necessary, a landlord can login to make changes, add charges, record payments, and issue receipts via email to their tenants at any time. The product also automatically applies late fees to the invoice if paid late.
Finally, there is a product that will allow property managers to function like any other industry that requires payment from their customers. MyRentalInvoice.com also has an affiliate program for those that work with property managers or real estate investors. To get details on the affiliate program, please contact the company here. Contact Us