What would you do if you had extra time in your day?

Photo by Alan Cleaver

Photo by Alan Cleaver

 

These days, it seems as though we never have enough time.  In a world where we are constantly connected, even our tasks have tasks that we must stay on top of.  This is especially true in the lives of property management professionals.  They are accountable for not only making sure their business is running in top form, but as part of their business, they are responsible for making sure that their client’s businesses, income rental properties, are running just as well.  Where does one find enough time to handle it all?

One of the biggest expenditures for property manager is the time expense of showing vacancies. Depending on the size of their property portfolio, and the location of their rentals, a property manager can lose several hours of their day to traffic and drive time. On top of that, they also have to deal with current fuel costs as well as no shows.  When you look at those expenses over the period of  a year, Yikes!!! It can really add up!

Since we speak to property managers every day, we decided to ask the question, “If you had an extra  2 hours per day, what would you do with it?”  The answers  that came back were broad ranging and included everything from spending more time with family, streamlining their office systems, golfing, sleeping, jogging, and taking the opportunity to live a bit of a normal life.  Some brokers mentioned taking additional time for employee development, and prospecting for more property owners to service.  Generally, most of the managers asked, would opt to put the extra time into their business to allow for growth.

If there was a secure and proven system that would not only allow you to recoup the time and cost that you and your teams lose to showing vacancies, but would also help you lease your properties faster, wouldn’t it make sense to use it.  Can you imagine the competitive advantage that it would give you if your vacancies could literally show themselves?

We created Rently as a rental property access solution to enable property managers to facilitate secure “self service showings” that allow them to provide convenience for themselves and renters, establish a way to more efficiently and quickly get properties leased, and save them time and money that can be reallocated to growing and improving their management business. By using a combination of proprietary, high tech lock boxes, “Smart” For Rent signs, and cloud technology, Rently is able to maximize the number of times that managers and their teams can  show their properties each day, mitigate time and financial showing costs, and get their properties rented faster by providing immediate and secure access during times when prospective, quality tenants are available and in a shopping state of mind.

So, if you were implementing secure “self service showings” into your property’s marketing plan, using Rently’s lock box showing technology, “What would you do with the extra time that you had in your day?”

Renting shouldn’t be a stressful or difficult experience.  At Rently, we make renting easy and efficient for everybody. 

 

Statistics Show Rently.com’s No Appointment Rental Showing a Much Needed Solution

Rently.com, the first no appointment rental showing solution, is pleased to announce statistics from hundreds of Rently-enabled unlocks in Los Angeles. When renters are offered the flexibility of Rently, many choose to see vacancies during lunch or after work. Assuming normal business hours and weekends, fifty three percent of Rently showings have occurred during off hours. “What we are seeing validates the need for Rently technology. A owner or manager using Rently will be able to fill a vacancy much faster. There is no reason why showings should stop during off hours,” commented co-founder Clark Li.

Another common scheduling conflict occurs when a renter sees a For-Rent sign and wants to view the property immediately. Without an onsite manager, it has been impossible to show such vacancies without an open house day. Rently.com’s unique For-Rent sign is successfully turning foot traffic into leases. When a renter drives or walks by a Rently For-Rent sign they can use their smartphone to create a verified account on the spot and enter the property for viewing. Allowing serious renters who are in the area looking for their next home the convenience of seeing a vacancy instantly makes finding a tenant easy. It also removes the need for an onsite agent or open house day. Everyday becomes open house.

In addition to making scheduling conflicts obsolete, Rently has also launched a new feature that provides listings partners with a realtime email alert when a renter checks-in at a vacancy. The realtime alert includes the name and phone number of the renter viewing the property. With this information a manager or owner can guide the renter through the property without having to be there.

Managers and owners are seeing positive results. The powerful combination of Rently technology on sites likes Craigslist and Zillow with the Rently For-Rent sign gives managers and owners a easy to use tool to fill vacancies at low cost without any scheduling conflicts or appointments. Rently is currently offering new managers and owners fifty percent off on their first five vacancies during the months of May and June.

For the original version on PRWeb visit: www.prweb.com/releases/prweb2012/5/prweb9508547.htm

Read more: http://www.sfgate.com/cgi-bin/article.cgi?f=/g/a/2012/05/16/prweb9508547.DTL#ixzz1v2qaufeZ

Rently.com Lets Landlords and Managers Show Their Rental Vacancies Without Taking a Single Call

First no appointment rental showing site launched

Two UC Berkeley grads have launched the first no appointment showing site for rental properties. The site is a solution to problems they both experienced when looking for a place to rent. Setting an appointment to see one or two vacancies can be cumbersome, and nobody likes the back and forth of calling to schedule several visits. What they invented makes showing vacancies easier for landlords, managers, and renters.

Rently.com’s patent pending technology automates the entire vacancy showing process. Using Rently.com QR stickers on For-Rent signs and a unique Rently link on existing channels (Craigslist, Postlets, Zillow, etc), a manager or landlord can conveniently and securely show a vacancy without making or taking calls to set an appointment. When a renter interacts with the vacancy QR sticker or link in an advertisement, a user account with credit card verification is created. The renter can then go out and see the vacancy and an entry code is delivered via smartphone upon arrival. The access code can only be used once on a high tech electronic lockbox. Managers and landlords pay 99 USD per vacancy and Rently staff markets online until it rents.

Co-founder Merrick Lackner recently used the site to rent his parent’s vacancy. He explains the benefits, “I was at the beach and there was no cell reception. It was a Sunday afternoon. Because I had placed a Rently.com QR sticker on our For- Rent sign, the current tenant was able to enter and view the vacancy even though I missed her call. There is no reason why showing vacancies should be such a hassle, and Rently offers the solution.”

Rently.com is located in Los Angeles. It is one of the many new startups springing up in Southern California.
San Francisco Chronicle

Rently.com, the first social renting site has launched!

Rently.com, the first social renting site goes beta live today, November 1st. Rently.com will revolutionize how renters find their dream home and owners fill vacancies.

As a renter, you’ll be able to submit a rental request on Rently.com’s platform. Owners who have a property that matches your request will be able to easily find and communicate with you. You can also use your rental request to search for listings that fit your requirements. Once a match has been made, you can send a message and take your conversation to the easy to use conversations tab. In the conversations tab you can easily compare multiple options and visit the property you like most! There is also an easy to use rental resume that you can fill out once and bring with you when visiting properties.

For owners and managers, finding a renter does not just have to be all about listings. If you want to be proactive about filling vacancies, you can go out and search rental requests that meet your vacancy parameters. You can dialogue with multiple renters in the conversations tab and find the perfect fit.

We appreciate all users who use Rently.com. Our future is dependent on you, so any feedback is appreciated. We hope you enjoy the Rently experience and we’ll have more in store in the coming weeks and months! We look forward to hearing from you!

How to reduce your costs as a renter


Your monthly rent is not the only cost you will incur as a renter. Depending on the agreement with your landlord, you may have to pay for electricity, water, and garbage collection. Fortunately, two of those expenses are within your control and usage can be reduced to save money.

Heating and cooling contributes to half your energy bill, so at night keep the thermostat set to the temperature you really require. A programmable thermostat is a good way to save money, time, and the headache of constantly having to monitor and make changes as room temperature fluctuates. If your room is not super cold, just put on a sweater and save running heat all together. You should also make sure your air filters are clean to reduce the cost of running your air conditioning when it is on. Adding weather stripping around windows and paying for insulation can also help keep the room cold or warm. There are many cheap insulation solutions that can be purchased, even for renters.

Make sure to do the obvious things like turning off the lights when you leave your home and making sure nothing running that doesn’t need to be consuming electricity.

If your making major changes to your apartment, you should be sure to ask your landlord or property manager, but they should be more than happy to help you reduce your energy bill!

How to find the right apartment

Many people find looking for a new place to live stressful. It doesn’t have to be that way. If you think over your requirements prior to beginning your search, your’ll be able to find the right place a lot easier.

Make sure you know how many rooms and bathrooms you’ll need. If you have a family, consider schools in the area. It’s always convenient to have a school within walking distance if you have children. Remember not to forget the smaller factors like storage, convenient parking, or room lighting. You may visit an apartment during the evening only to move in and find out you don’t get any sunlight during daytime hours! Many renters only realize they forgot something after they have already signed a lease.

Once you’ve determined the exact type of apartment you are looking for, decide what your willing to spend on rent. Based on your budget, you can consider various areas that can deliver on your specific requirements (rooms, bathrooms, schools, etc). Don’t waste time looking in places that don’t offer what you are looking for. If you have a child, focus on the areas that have a school nearby that you find acceptable. If you need a pet friendly unit, don’t waste try to convince any property owner to accept your dog. Once you’ve honed in on your requirements and budget you’ll be able to easily determine what options are viable.

When your searching, don’t lose hope if somebody else gets an apartment you are interested in. It’s important to persevere and explore as many options as you can. Make sure to take good notes on your various prospects and stay organized. Finally, don’t hesitate to ask questions. Your going to be living in your new home for a while, so don’t be shy!

Paying rent electronically

For years home owners have been able to pay the bank their mortgage electronically. Now renters can do the same if their landlord is signed up to take electronic payment. Once signed up, renters can pay their rent the same way utilities and other expenses are online. Getting set up electronically insures that renters don’t accidentally miss a payment (and pay late fees) and owners receive payment on a fixed date. Some solutions, like clearnow.com allow for a manual sign up through property managers so that renters who are not well oriented with the internet can utilize the service as well. While there might be small additional charges as a result of the electronic payment, it is convenient and has benefits for both renter and owner.

RealtyTimes

Should I become a section 8 property owner?

Section 8 housing is essentially a program that allows the government to pay partial rent for low income earners in America. While at first thought the idea of renting a low income earner sounds risky, there are some benefits to being a Section 8 property owner. Because of the benefits, some property owners apply for Section 8 housing status to reduce vacancies. If your property is approved for Section 8, the government will usually pay half or more of the rent due on a timely basis every month. Your renter is also less likely to move because of the hassles involved with finding a new Section 8 housing unit. Your new renter needs to comply with rental regulations and treat your property lawfully or risk losing the government subsidized voucher, and Section 8 housing is no different in this regard.

There is one drawback that prevents many property owners from applying. Once your property has been approved, you may have to deal with frequent inspections depending on the location of your property.

If your having trouble finding a new renter in your area, consult with a local real estate expert about the possibility of applying for Section 8. Some property owners have also shared their experience on the Allfinancialmatters blog.

Can I rent an apartment with bad credit?

The credit check is one of the most important factors that a property owner uses to to determine your prospects as a rental candidate. If you know you have bad credit, you still have some options.

Try and avoid a credit check all together. The large apartment complexes tend to require one, so look on Craigslist for smaller properties where you can build a personal relationship with the owner. The classifieds and the Sunday paper is also a good way of finding smaller vacant apartment units.

Even if a credit check is required, there are other ways you can demonstrate you’ll be a good paying renter. Get a friend or coworker to vouch for your ability to meet your financial responsibilities. Make sure that you have fully paid off your previous owed rent and utilities. This is very important to your new landlord. With a smaller property owner, you could also provide an explanation for why your credit deteriorated. An honest explanation can be helpful in many situations.

If you keep getting denied, then consider getting a cosigner on the lease. Be mindful of the fact that your cosigner will be responsible for your rent in the event you don’t pay.

Finally, you should be aware that bad credit may cause higher rent. Don’t take it personally, just work harder in the future to make sure your credit score better reflects your bill paying habits.

About.Com/Credit

Landlords can’t tell you where your kids should sleep

If your moving into an apartment with kids, you have the right to choose where and how your kids sleep. Some landlords will tell you that your kids can’t share a room or convey other restrictions, but this is not legal (due to discrimination laws). Landlords who try to impose such rules might be doing so to keep noise levels down or because they have personal beliefs about morality.

What landlords do have a right to do is enforce occupancy laws. Make sure to check up on the official occupancy rules for your area so that you are aware of your options.

About.com/Apartment Living