We know that for many of today’s landlords, managing their rental property is not their full-time job, so we are focused on delivering all of the tools and functionality they need in one place to save them time, money and hassle.
Austin, TX (PRWEB) May 09, 2017
New data from TenantCloud shows the number of single-family homes occupied by renters has increased sharply. In fact, in the past five years, it is estimated to have reached nearly 16M in the U.S. alone. TenantCloud, the premier cloud-based property management solution, today announced record growth including a 140 percent increase in users in just two quarters and the addition of 250,000 properties managed on its system. As part of its commitment to helping landlords increase their revenue on their rentals, TenantCloud is launching new features that make the rental process easier for landlords and renters.
“We know that for many of today’s landlords, managing their rental property is not their full-time job, so we are focused on delivering all of the tools and functionality they need in one place to save them time, money and hassle. We’ve even made it free so that every landlord can take advantage,” said Joe Edgar, CEO of TenantCloud. “This is a transformative time for real estate and we believe that with the right platform, rental properties will become a more lucrative investment for current and aspiring landlords.”
TenantCloud’s newest features include the ability to create customizable template leases that can be sent to tenants for e-signatures, along with a robust Maintenance Request feature that allows landlords to make payments to owners and service pros, while also tracking requests in Maintenance Reports to make it easier for tax return purposes. TenantCloud research shows that on average, a single family unit requires roughly $2,460 in maintenance costs, and the tax savings for maintenance request write-offs is about $1,337, so it pays for landlords to leverage a platform that keeps it in sync.
“TenantCloud has been a game-changer for me – and my business,” said Dhamitha Arsakularatna of Chicago-based DeFonseka Advisors, a property management company. “They are constantly innovating to ensure the platform meets the evolving needs of landlords. The ability to have tenants communicate with us within the platform has cut down on calls and emails and allows us to save time, better track those requests and respond swiftly. Because of TenantCloud, I’m a better landlord, offer a better experience to my tenants and ultimately, have better returns.”
TenantCloud’s latest update also includes the ability to implement multiple admin accounts, shared lease options for roommates and currency converters for managers of international properties. For more on other new features, please visit: https://www.tenantcloud.com/landlord
TenantCloud is the premier cloud-based property management solution that helps landlords maximize the revenue from their rental properties. Built as a free and comprehensive solution, TenantCloud provides landlords everything they need to manage their rental business in one place, including posting listings, collecting rent online, and screening applicants. TenantCloud is the hub for property management with a user-friendly interface that streamlines the complete rental process, from backend accounting to maintenance requests, to drive increased return on rentals for landlords. For more information, visit http://www.tenantcloud.com.