Top 5 Tips to Manage Your Property

2 minutes read

So, you have a property to rent. You finally took the plunge and now you want to set it up and manage it as best as possible, but where to  start? Below are the top 5 tips on how RAY can help you set up your rental property and become the best property manager you can be. 

1. Communication is Everything

When it comes to managing your tenants or your internal team, you must communicate efficiently. Set up open communication channels between all parties, and watch how the trust grows, the tenants are happy and your property is flourishing. 

An easy way to do this is by finding a property management solution that offers open communication channels as a key feature. 

2. Stay Up-to-Date 

Keeping yourself educated with property management tricks of the trade is one of the best ways  to become a better property manager. Stay up-to-date on all property management, whether it’s the local market and the laws that might change, real estate market trends, or even getting the latest tips and tricks. This will help you stay aware and knowledgeable and build trust with your tenants. 

Monitoring property management blogs is also a great way to stay ahead of the game. 

3. Get Organized 

By maintaining and keeping all your documents, leases, payments, work orders, tenant requests, and all other property management needs organized, you’re ensuring that you’re running an efficient and well-managed property. 

Staying organized means you are aware and updated on all things related to your property at all times, and the best way to do that is by finding and using a comprehensive online property management solution.

4. Sell the Ultimate Living Experience 

Offer your tenants the ultimate living experience by sharing local deals and discounts, offering easy communication for all needs, keeping them updated on local events, online payments, and anything else that can make their lives as easy and comfortable as possible. 

5. Find your Solution 

Keep all your property management needs in one place, and access everything you need to run your property at the push of a button. RAY offers you a powerful, versatile, and budget-friendly platform for all your management needs, with key features like lease management, services management, tenant management, and open communication channels. 
To find out more about RAY’s Property Management Solution click here.