RENT Magazine Q2 '21


Landlords spend 4 hours managing a single, leased property each month. Roughly the same amount of time is spent on leasing, finding a tenant, and turning over the rental. Altogether, the time for management is about 96 hours per year, or just over 2 weeks.

It’s no secret that managing rental properties is time- consuming. You might be surprised to learn, however, just how much time it takes to manage even one property. If you’re one of the 70 percent of landlords that self-manages their rentals or if you’re simply an active participant in the management process, you’ve likely felt how truly demanding management can be. If you self-manage, you pay for these hours with your own time. If you employ a property manager, handyperson, or anyone to help you out, you pay for it with theirs. Finding ways to cut down on the hours you or your employees spend on management can save you serious time and money and can enable you to continue building your portfolio.

software can do just that. Estimates show that most property management software will cut your management time by 50 percent. And the best management software reduces management time to up to 70 percent depending on the number of tasks you’re willing to automate. The bottom line: the more you automate with property management software, the more time and money you save. Below, we go over 6 of the primary processes landlords should automate. The features and functionality available to

landlords varies from software platform to

software platform, but for the most part, you’ll find general consistency. Advertising Rental Listings To find tenants and collect

Fortunately, high-quality property management

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