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Top 5 Property Management Tech Tools - Cozy - Lucas Hall

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Brought to you by Cozy - Modern Property Management Software. https://www.cozy.co

Learn how to implement the most useful online tools and resources into your rental business, from application to move-out. We’ll review the leading solutions and show you how these high-tech and easily accessible tools will streamline your business — making it more profitable and efficient.

Topics discussed:
1. Online Rental Applications
2. Online Credit Reports / Background Checks
3. Digital Signing Tools
4. Online Rent Collection
5. Digital Inspection Tools
Bonus: Property Management Software

Published in: Real Estate
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Top 5 Property Management Tech Tools - Cozy - Lucas Hall

  1. 1. PROPERTY MANAGEMENT
 TECH TOOLS 5 TOP BY LUCAS HALL
  2. 2. MY STORY Lucas Hall, PMP • Landlord, 10+ yrs • 5 Prop / 3 States • IT Consultant • Founder, Landlordology • Community Manager, Cozy • Not an Attorney @landlordology
  3. 3. www.landlordology.com
  4. 4. Free Property Management Software www.cozy.co
  5. 5. Marketing Screening Payments
  6. 6. 40k managers 5k cities 8k zip codes
  7. 7. TECHNOLOGY
  8. 8. BLESSING? © SIEMENS
  9. 9. PROMISES TO • Connect You • Solve Problems • Save Time • Increase Profits SOFTWARE + RELATIONSHIP
  10. 10. CURSE? © C2 AND ITS ENTITIES
  11. 11. WHAT’S THE DIFFERENCE? YOU!
  12. 12. VS LANDLORDS PROP. MGRS (RALPH FURLEY) (THE GATE KEEPER) © MARVEL AND PARAMOUNT PICTURES
  13. 13. RENTAL TECHNOLOGIES TOP 5
  14. 14. CLOUD THE
  15. 15. 1. ONLINE APPLICATIONS
  16. 16. BENEFITS 1. Minimizes barriers 2. Easily sharable 3. Consolidated applicants 4. Faxes / Scanners going extinct
  17. 17. 2. ONLINE SCREENING REPORTS
  18. 18. BENEFITS 1. “Soft inquiries” 2. No entity or site visit required! 3. Identity verification 4. Integration w/ PM software 5. Mitigates storage requirements
  19. 19. 1. Experian Connect 2. TransUnion SmartMove 3. Equifax Identity Report DATA SOURCES & TOOLS
  20. 20. CREDIT BUREAU SOFTWARE MANAGER TENANT DISCONNECTED PROCESS
  21. 21. CREDIT BUREAU SOFTWARE MANAGER TENANT SEMI-INTEGRATED PROCESS API
  22. 22. CREDIT BUREAU SOFTWARE MANAGER TENANT INTEGRATED PROCESS API
  23. 23. 3. DIGITAL SIGNATURES
  24. 24. BENEFITS 1. Easier, quicker, & more efficient 2. Legally binding 3. Remote signings! 4. Online storage 5. Complies w/ federal & state regs (ESIGN Act of 2000)
  25. 25. 1. HelloSign ($0) 2. CudaSign ($1) 3. DocuSign ($15) 4. Property Management Software SIGNING TOOLS
  26. 26. 4. ONLINE RENT COLLECTION
  27. 27. BENEFITS 1. No more checks 2. Can be automatic 3. You get paid faster 4. Easier for everyone 5. Decrease in late rent
  28. 28. 5. INSPECTIONS
  29. 29. INSPECTION TOOLS 1. HappyCo 2. zInspector 3. Smart Phone Apps 4. Property Management Software
  30. 30. RENTAL SOFTWARE SINGLE 
 SERVICE MULTIPLE
 SERVICES THE 
 KITCHEN SINK
  31. 31. COST VS. FEATURES COST FEATURESO
  32. 32. 1. Small PMs
 1-100 units 2. Mid-size PMs
 100-200 units 3. Large PMs
 200-1000’s units TOP CHOICES
  33. 33. Monthly Cost of Software 10 $0 $60 $200 100 $0 $100 $200 1000 $0 $600 $1000 Setup $0 $99 $400+ UNITS
  34. 34. SO WHAT? HOW WILL YOU IMPROVE?
  35. 35. RESOURCES www.landlordology.com
  36. 36. © 2012-2015 Cozy Services Ltd. All rights reserved. www.cozy.co (IT’S FREE)

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