Remote Landlord Review

Easily Manage The Legal Aspect Of Your Business

There is a module in Remote Landlord which can’t be found in an ordinary property management software. This unique module is called Court, and it is designed to manage the legal aspect of property management. Thus, it assists property owners and managers who have legal issues with their tenants.

This module has a component known as Legal Calendar. Legal Calendar notifies users about the important steps and dates in the legal processes that they are involved with. For instance, when a tenant needs to make a payment in compliance with what is stipulated in a legal settlement that he or she and the owner have agreed upon, users will be alerted on the specific date when the tenant is expected to pay. If users need to appear in court on a certain date, they will also be notified. Additionally, the module permits them to access all legal information and court breakdowns they need, as well as to generate various types of court forms.

Tenant Management

Remote Landlord is built with a tenant management capability. With such capability, property owners and managers can access all information related to their tenants in one convenient place and perform tasks automatically. For instance, Remote Landlord allows them to instantly post recurring charges and print statements and invoices. They can also track each tenant payment, drill into its details, and view a photo of the issued check. Leases that show increases based on the amount or formula they set are automatically generated as well.

Robust Accounting Features

The property management software delivers robust accounting features that accountants will surely love and non-accountants can easily adapt to. As an example, they can easily perform bank reconciliations because the software consolidates all bank account activities throughout its system. Though the aid of its advanced vendor database, posting of invoices can be done quickly. It has an account payable system that has a built-in approval process.

Monitor Expenses

As part of its accounting features, Remote Landlord provides users with the ability to monitor their expenses. They can track their expenses on a per property or building basis. This helps them allocate expenses across their properties intelligently.

Generate Financial Reports To Gain Insights

Remote Landlord also enables property owners and managers to generate financial reports so that they can comply with any requirement or regulation, and at the same time, understand where they stand when it comes to their financial performance. They will be able to drill down into these financial reports and explore where their numbers are coming from.

Paperless Document Management System

With Remote Landlord, users can set up a completely paperless office. This is because they no longer need to store paper documents and pile up paper files and folders. The software gives them the capability to scan all tenant documents and keep the images of these documents online. These documents include lease renewals, late notices, building schematics, invoices, and statements. In addition, it has a filing cabinet module that helps them easily locate and retrieve all the documents they need.

Incredible Check Printer

Remote Landlord is equipped with another unique feature. This feature is its check printer which utilizes a character-recognition technology known as MICR (Magnetic Ink Character Recognition) code. This technology is actually used in the bank industry so that checks are easily processed or cleared. Remote Landlord’s check printing feature can capture pieces of information from checks where MICR codes are embedded and print them out on blank check stock. As a result, this eliminates the need for buying pre-printed and numbered checks and preparing separate checks for each bank account. Also, while checks are being printed, the software posts journal entries accordingly and all bank account activities are consolidated which streamlines bank reconciliations.