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5 WAYSTO MAKE PROPERTY MANAGEMENT
SOFTWARE PAY FOR ITSELF
Property management software can pay for itself by providing creative revenue sources and savings.
Here are five ways you can add revenue.
1. ENFORCE FEES AND VIOLATIONS CONSISTENTLY
Enforcing violations and fees can provide you with a modest revenue stream. Are there additional fees you can charge, such as pet fees?
2. UPCHARGE ELECTRONIC PAYMENTS
Charge handling fees for your online eCheck (EFT) and credit/debit card payments. This alone could cover the cost of
your software subscription!!
3. BUNDLE RENTER’S INSURANCE
Adding renter’s insurance into your lease requirements ensures your liability is reduced and owner premiums stay low.
4. PASS ON TENANT SCREENING FEES TO APPLICANTS
Check with local authorities, in some states you can pass on or upcharge the costs of security screening or add them into
application fees.
5. RECLAIM SECURITY DEPOSITS
Take the debate out of refunds. Use our move-in/move-out inspection feature to itemize damage and reclaim
costs for repairs.
Learn more innovative business practices to save money, time and effort in our Proactive Guide to Scaling your Business
DOWNLOAD THE GUIDE
VISIT USwww.buildium.com
CONTACT US888.414.1988 or [email protected]
v 12.16 © 2016 Buildium LLC
