More than a year of contact-free showings and pandemic protocols has taught us the importance of utilizing innovative technology in the management of Indianapolis rental properties. At Red Door Property Management, we had invested in some great tech platforms even before they became absolutely necessary.
The reason is simple - it helps us do our job and communicate with owners and tenants more transparently and efficiently.
We embrace the benefits of technology, and we use it to market, lease, manage, and maintain your Indianapolis investment property. Here’s how it helps with seamless management.
Market-Driven Indianapolis Rental Property Pricing
The rental value attached to your property has a huge impact on how long it’s vacant and what types of tenants you attract. While it seems easy enough to visit online sites such as Zillow and Craigslist to find a general idea of what similar homes are renting for, you’ll establish a more accurate rental value when you have reliable data.
We can provide that data with our technology and our tools for competitively and profitably pricing your rental property. It saves us time on price adjustments and it saves you money by avoiding vacancies.
Transparent and Accurate Accounting Reports
Technology also serves transparency and accountability. This is especially clear with our accounting and bookkeeping practices. We’re able to provide accounting statements and reports that include up-to-the-minute data. Investors can log onto owner portals from anywhere in the world and get clear, detailed, accurate information on how any investment property is performing. It’s easy to see the rent that was collected and the bills that were paid.
We use technology to share information with our owners. You can see when rent was collected and when you were paid. You can review maintenance invoices and view lease documents. We are held accountable for every expense and action.
Technology Facilitates Better Communication and Documentation
Technology makes our communication targeted and streamlined. We respond to owners and tenants quickly, and we’re easily accessible. We’re willing to call on the phone, reply to texts, or answer emails.
The process of screening applicants in Indianapolis is far more complex than it once was. We have to be rigorous and comprehensive without violating any fair housing laws or allowing inconsistencies. With an automated, consistent online application process, there’s no danger that one application will be treated differently than another.
Our tech-driven screening process is well-documented and requires us to treat every application equally. It would be very difficult to discriminate for any reason, and that keeps you and your properties fair housing compliant.
Routine Inspections and Maintenance
With the ability to submit maintenance requests online, tenants are more likely to make their repair requests as soon as they see an issue. This protects the condition of your home and helps us avoid larger and more expensive repairs down the road. We’re able to document and track the full work order process, and it provides you with a clear record of work that was done on your property.
Inspection reports and photos are loaded into your portal, giving you an opportunity to see how your property looks before and after a lease period. It provides you with peace of mind and shows you how we’re doing while we expertly manage your Indianapolis investment property.
We love to talk about technology and how it helps us manage homes like yours. For more information about what this means for you and your investment property, please contact us at Red Door Property Management.
