Did you know that almost 35% of Utah citizens rent instead of own?

If you're looking to get the absolute most out of your property investments, then you need to opt for efficiency. One way you can do this is by ensuring your tenants have access to a reliable online portal. Once you try it out, you'll never want to go back to your old methods.

Are you wondering what it involves and why it's worth implementing? Keep reading to learn all about the benefits of using a tenant portal for Salt Lake City rentals.

Rent Collection Made Simple

Without modern technology, collecting tenant rent can end up being a frustrating and complicated process. To make your life easier and your tenants happier, it's much better to collect rent through a virtual portal.

This will give your tenants the option of paying via credit cards or even through a direct bank transfer. As if that wasn't great enough, there's even the ability to schedule automatic payments. That way, your tenants don't have to stress themselves out about late fees if they don't remember to pay the rent on time.

Leasing Simplified for Salt Lake City Rentals

Handling leases is yet another process that can turn into a nightmare if you avoid using the tenant resources that are out there. A lease is not something that can be sent and signed on a last-minute basis. When renewing the lease, it's your legal responsibility to notify the tenant of the upcoming expiration date.

You also need to let them know what changes were made to the new lease if any. They should then have plenty of time to read the lease over before deciding to sign it. The good news is that an online property management portal can allow you to handle all of these tasks in a seamless fashion.

Streamlined Communication

Instead of having your office phone ringing off the hook, you can ease the stress by allowing tenants to communicate their needs through the online portal. Whether they have questions about the lease, want to request repairs, or something else, the portal ensures everything is organized and timely.

That way, you can free up the phone lines for emergencies and other more important matters.

Are You Ready to Use a Tenant Portal?

Now that you've learned all about the benefits of using a tenant portal for Salt Lake City rentals, you can have a much more efficient operation. Your tenants will certainly appreciate the convenience, too. That way, they'll stick around instead of leaving you with the headaches associated with vacancies.

We can provide you with a reliable tenant portal and many other essential property management services. From maintenance and financial reporting to tenant screening and much more, property owners know they can rely on Maxfield for their property management needs.

Feel free to reach out to us to learn more.