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Moving is always stressful, regardless of the reason you must do it. Whether you are facing a layoff and are in search of a new job opportunity, wish to move closer to family, or are simply in need of a new adventure, there is a lot to consider before moving. This is especially true if […]
The post Should I Turn My Home Into a Rental Property? appeared first on Rentec Direct.
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What a confusing time as states and counties seem to be in flux between reopening and reclosing and all the phases in between. In this uncertainty, many businesses are beginning to reengage with the public and people are being asked to return to work. How to transition safely and fluidly between working from home and […]
The post Property Management Tips for Returning to Work appeared first on Rentec Direct.
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Reviewing a rental applicant’s credit report is a common tenant screening practice for landlords and property managers. A new update to TransUnion credit reports have made all tenant screening inquiries soft inquiries. This is exciting news for renters, landlords, and property managers. Rentec Direct provides instant tenant screening report access, including TransUnion credit reports. This […]
The post Tenant Screening Credit Reports Are Now Soft Inquiries appeared first on Rentec Direct.
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Question of the day: If an applicant has a felony charge on their tenant screening report would you rent to them? Or better asked, should a felony charge disqualify a prospective tenant? The answer might not be so cut and dry. Knowing the criteria for approval and denial of a rental applicant with a criminal […]
The post Should a Felony Charge Disqualify a Perspective Tenant? appeared first on Rentec Direct.
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The global COVID-19 pandemic has touched everyone’s lives, causing nearly every industry to adapt to a new normal. The rental industry is no exception and the industry is creating new ways to implement safety measures and meet the needs of renters. As a response to the nation’s climbing unemployment rate, several states implemented an eviction […]
The post Rent Payments Continue to Fall During COVID-19 Pandemic appeared first on Rentec Direct.
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The most common, and obvious, charge in property management is monthly rent. This recurring payment is charged to tenants, often on a monthly basis, as outlined in the lease agreement. Beyond monthly rent, there are other common charges incurred by tenants that need to be accounted for each month. Things like monthly pet fees, utilities, […]
The post Common Tenant Charges in Property Management and Rental Housing appeared first on Rentec Direct.
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Investing in a rental property provides exciting opportunities, but it can leave you with a lot of questions. Do you become a self-managing landlord, or hire a property manager? Do you tend to maintenance issues yourself, or find preferred vendors to hire? The varying responsibilities of owning and managing an investment property can take its […]
The post Top tips for Getting Started as a New Landlord or Investor appeared first on Rentec Direct.
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Full Press Release Available on PRWEB Property management software company, Rentec Direct, recognized with three awards in national American Business Awards® program. JULY 07, 2020 GRANTS PASS, ORE. —Rentec Direct was named the winner of the 2020 Ingenuity Award at the Southern Oregon Regional Economic Development, Inc. (SOREDI) annual meeting. The highest-rated property management software company […]
The post Rentec Direct Receives 2020 Ingenuity Award at SOREDI Prosper Awards appeared first on Rentec Direct.
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Building trust starts with a good property management agreement. From there, you will need to handle new management agreement rollouts where there is a change in property ownership, contract amendments, or other changes. Communication of changes done well builds on the foundation of trust with owners and tenants. Management Agreement Essentials A well-thought-out agreement can […]
The post Important Tips for New Property Management Agreement Rollouts appeared first on Rentec Direct.
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Here at Rentec Direct, your team works hard to make your job as a landlord or manager even easier. Improvements are being tested and implemented every day to ensure that your software is constantly adding value and efficiency to your daily management needs. You likely see those big announcements of exciting new features, but you […]
The post Rentec Direct Product Development Update: Made Live in June 2020 appeared first on Rentec Direct.
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Summer is in full swing, and with summer sun comes the urge to get outside and enjoy the day with your friends and family. However, this year summer will look a little different. As areas across the country begin to open up, if you are hoping to host your summer BBQ or want to catch […]
The post How to Host a Summer Party While Social Distancing appeared first on Rentec Direct.
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Beyond the traditional mortgage, rent to own homes and homes for sale by owner are two unique points of entry to homeownership. Sellers and investors may also find it suits their needs to enter into a rent to own contract or sell a home without a realtor involved. This article will highlight the pros and […]
The post Rent to Own vs For Sale by Owner appeared first on Rentec Direct.
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Discover the upcoming Rentec Direct Success Webinars for Summer 2020. Each month, you are invited to a free educational webinar designed with your success in mind. You will learn about essential tools and valuable tricks for doing your job more efficiently with Rentec Direct’s property management software. Webinars are hosted by Janell Kittleson from Rentec […]
The post New Webinar Schedule for Rentec Direct Success Series | Summer 2020 appeared first on Rentec Direct.
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Real estate investments generally fall somewhere along a spectrum of risk and effort. On one end, you have house flippers, who take on a high level of risk and put forth a lot of effort as they buy, renovate, and flip. On the other end of the spectrum are the people using the buy-and-hold strategy; […]
The post Buying a Rental Property vs. Fix and Flip – Which is Better? appeared first on Rentec Direct.
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Whether you are using paper ledgers, spreadsheets, accounting, or other software, the time will come where it will benefit your business to make a change to a new property management system. Change doesn’t have to be a scary word when it comes to finding and using a new solution. This article will break down how […]
The post How to Seamlessly Change to a New Property Management System appeared first on Rentec Direct.
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A study in 2019 shows meth use increased six-fold since 2013. Meth is typically cooked in home labs and on stovetops for local distribution. The increase of use correlates to an increase in home production. Know the meth house warning signs, understand your responsibilities as a housing provider, and be proactive in prevention to keep […]
The post Meth House | Warning Signs and Prevention appeared first on Rentec Direct.
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Access the webinar recording here: Features for Managing Your Properties Whether you have been an active Rentec Direct user for years, or are new to the software, you don’t want to miss all the time-saving tips you can get. Finding out exactly what features will help you more efficiently manage your property is vital […]
The post Webinar Recap: Features for Managing Your Properties appeared first on Rentec Direct.
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Rent payments received by landlords and property managers are at their lowest point since the onset of the COVID-19 pandemic in the United States, according to nationwide rent payment data from Rentec Direct. In order to understand how COVID-19 has impacted rental payment habits, Rentec Direct looked at data from over 600,000 rental units in […]
The post Rent Payments Received See Biggest Drop Since COVID-19 Pandemic | Rental Trends Report appeared first on Rentec Direct.
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The Rentec Direct development team works hard to meet your needs and often adds additional setting options that can save you valuable time and make your job easier. This article will highlight some new Advanced Settings and how they function so you can get the most out of your software investment. Return Tenant ACH Transaction […]
The post Customize Advanced Settings for Accounting and Reconciliations appeared first on Rentec Direct.
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Seasonal maintenance is vital to ensure your tenants’ safety and to protect your property from damage. A quick preventative maintenance task could easily save you thousands of dollars down the road, so you certainly do not want to skip this responsibility. However, since summer looks a little different this year, it is important to know […]
The post Navigating Summer Maintenance for Your Rental Property appeared first on Rentec Direct.