X

Why You Should Enroll in a Tenant App Right Now

*Article contributed by Sarah Williams.

Students, transients, and those who are planning on renting for some time will benefit from a solution that will make the process more efficient. The tenant app will simplify your life with multiple features that should give you more time for yourself rather than worrying about all the small details concerning your rental property.

For instance, a handy feature, such as Pay My Rent Online, will allow you to set payments and then forget about it.

Why You Should Enroll in a Tenant App Right Now

In recent years, more and more people are renting apartments rather than purchasing their own houses. About 36% of the households now are renting, and that is the highest it has been since 1965, Pew Research revealed. The survey also revealed that millennials are not likely to invest in a property that will tie them down for a long time.

One reason for this is their high student loans, but it could also be the fact that they want to spend their money on travel or luxuries rather than on mortgage.

Whatever your reason, if you are renting a property, a tenant app is something to consider. Here are some features of this handy solution:

  1. Pay My Rent Online — You only have to set the time when you should pay, and the app will transfer money to the landlord’s account. The recurring auto-pay feature guarantees that you are always current with your payments. It is essential since repeated delays in your rental payments can hurt your credit score, especially if the landlord is also using property management software. You need to be aware that the software has a credit-reporting feature on tenants.
  2. Split the bill with your roommates — Money can be the source of friction among roommates. It is always hard when the property is in your name, and your friends are not cooperating. When the bills arrive, it is always a headache to collect their share. With the use of the tenant app, you can automatically split the expenses concerning your utilities, cable, Internet, and rent. They will be notified of their share in the costs a few days before the due date.
  3. Maintenance request — You can invite your landlord to enroll in the service to make property maintenance requests a breeze. You do not have to pester them with multiple phone calls, emails, or text messages. You simply have to input your concern on the software, upload an image or video, and the software will relay the problem to your property supervisor. You only have to wait for them to schedule the repair. They will also be reminded of the job at hand if the date arrived and went without your problem being resolved. The alert notification will continue until you turn it off.
  4. Property Search Made Easier — With most of these online services, you will find listings from owners when they become vacant in real-time. If you are not happy with your current apartment, you do not have to scour the Internet for a place to relocate. Contacting the landlord is also straightforward. You can ask to see the property and also make the deposit online.

Those are some of the advantages of enrolling in a tenant app service. You would be knocking yourself for not registering in the service sooner once you enjoy its benefits and convenience.

*Article contributed by Sarah Williams.

Contributor: Disclaimer: Posts by contributors may not always represent the views and opinions of YourWealthyMind.com.