
Water conservation is a concern to tenants who are both environmentally conscious and budget conscious. Water and sewer costs are frequently included in typical residential lease agreements as a landlord obligation. These hidden costs are added into the monthly rent payment calculation. Possible local ordinances may allow water and sewer costs to pass through to tenants as a supplement to base rent payment. In addition, tenants often pay separately for their direct electricity and gas utility usage. Monthly rent payments are high already. Where is the water expense savings? (more…)
In some states water is becoming a precious commodity. Governor Brown has declared a water emergency for the State of California mandating a 20% decrease in water usage to cope with the drought. Landlords and Managers should see this as an opportunity to increase net income from rental units and increase the market value of their properties. Periodic conservation reviews are part of every property owner’s management plan to ensure the lowest utility operating costs possible. Purchasing a replacement or upgrade to Energy Star® certified appliances is another smart move. Capital improvements or remodeling to LEED® certification by the U.S. Green Building Council is one of the best investments to ensure increase in market value. (more…)
Identity theft is a concern for landlords, property managers and tenants. Fortunately, iManageRent property management solution utilizing bank-to-bank money transfer minimizes this risk. No personal names, social security numbers, dates of birth, or other sensitive personal identification information are revealed or transferred with online rent payments. Tenants rest assured their personal data is safe. Landlords and managers are confident that masquerading thieves are not gaining a false identity as the bank account holder. (more…)
Ensuring online rent payments are made accurately, securely, and on time is the most important concern for landlords, property managers and tenants. It is also a most contentious point often leading to miscommunication, misunderstanding, and, worst case scenario, unlawful detainer court action. iManageRent has the solution: online rent payments using SSL protocol. (more…)