A professional property management company can provide a long list of important data to rental property owners. This data can be used to make better decisions, adjustments, and to overall increase profitability.
Here are a few examples of the type of data a property management company can provide to you:
Rental history:
A property management company can provide you with a rental history of your property. This includes the length of time each tenant rented the property, the amount of rent they paid, and any damage or repairs that were made during their tenancy.
Maintenance records
A property management company can provide you with maintenance records for your property. This includes a list of all the repairs and maintenance that have been performed on the property, as well as the cost of these repairs and maintenance.
Financial data
A property management company can provide you with financial data for your property. This includes a statement of all the income and expenses for the property, as well as a statement of the net income or loss for the property.
Tenant screening data:
A property management company can provide you with tenant screening services. This includes a background check of each prospective tenant, as well as a credit check.
Move-in/move-out audits and checklists:
A move-in/move-out checklist includes a list of all the things that need to be done or has been done when a tenant moves in or out of the property, such as changing the locks, turning on the utilities, and cleaning the property.
About Specialized Property Management’s Rental-IQ Exclusive Technology
Rental-iQ™ is Specialized’s proprietary technology platform that makes smarter decisions brilliantly simple.
Rental-iQ™ allows our team to make decisive, data-driven decisions that our competition simply cannot. This enhanced level of visibility comes from understanding the overall rental market, owners’ individual properties, and the data in between.
Our people-first approach in action is embodied through Specialized’s commitment to continued innovation. By integrating the latest technologies, we have improved the day-to-day operational procedures for our team and created a transparent experience for our customers. We believe that technology should only be used to further enhance the personal experience at Specialized.
A Complete & Cohesive System
Rental-iQ™ also powers our live reporting, audits & more. We automate daily tasks to eliminate errors, allowing our team to spend more time serving our clients to increase owner and tenant retention.
Live alerts and audits ensure we address issues immediately. Not only do we respond quickly, but we can also forecast problems with much greater precision, taking preventative steps to save thousands of dollars for our owners. We have fraud detection tools, maintenance spend-analysis programs, a rehab-management suite, and many more great tools that keep the overall cost of ownership low.
