What is a Property Management Software

For decades, landlords and property management companies in Kenya have relied on spreadsheets to store tenant information. This is not only tedious, but it also requires a huge team. Moreover, spreadsheets and supporting documents can easily get lost or damaged. Luckily, technological advancements have made things easier for property managers in the country. Nowadays, all they have to do is choose the most suitable rental management software for their company. 

At Bomahut, we are proud to offer the best property management software for landlords, property owners, and property managers in Kenya. Read on to discover everything you should know about property management software. 

What is Exactly is a Property Management Software?

A property management software, also known as rental management software, is a computer program that helps property managers automate vital processes. Property management software can either be cloud-based or server-based. 

Server-based property management software, also known as installed property management software, is downloaded and installed on a computer or smartphone. Tenant and property information is stored on servers.

On the other hand, cloud property management software or online property management does not need installation. You only need to log in to the program to manage your property and complete any task. However, you need an internet connection to access it. 

The type of property management software depends on your preferences and budget. Cloud property management software is easy to access and more secure. Moreover, it allows for automatic backups and scalability. 

What Does a Property Management Software Do?

Each property management software has unique features. For instance, the Bomahut Rental Management Software has various features that help property managers and landlords manage rentals on autopilot. Here are some of the tasks you can complete with Property management software. 

  • Sending reminders to tenants
  • Sending receipts
  • Recording payments
  • Communicating with tenants
  • Accounting
  • Updating tenant records
  • Generating property and tenant statements
  • Ensures compliance

In a nutshell, property management software takes the stress away from property management. It saves your time and money by automating everyday property management tasks. 

Who Should Use a Property Management Software?

The best property management software in Kenya has so much to offer to anyone who owns rental property. It's also ideal for both small and established property managers. Discover More below.

Property Management Companies

Property management companies can use Kenya's best property management software to automate everyday tasks. Property managers can maximize profits and reduce workload by leveraging rental management software. 

Landlords

Landlords can also maximize their profits and automate everyday management tasks by using the best rental management software in Kenya today. Whether you own a family house, condominium, townhouse, or apartment, the best property management software has various features that take the pain away from property management. 

Vacation Rentals

As local and international tourism continues to grow, the vacation rental market will grow tremendously in the coming years. If you own a vacation rental, you can maximize your profits and enhance customer experience by leveraging technology. Good property management software allows you to manage travelers' information efficiently. Moreover, it facilitates communication and payment processing. 

Hotels

Hotels and motels can also use property management software to enhance revenue collection and customer experience. Hotel owners and managers can manage customer data efficiently and send personalized emails or messages with the best rental management software. Property management software also allows them to handle accounting and maintain tax documents.

Homestays and Farmstays

Homestays and Farmstays in Kenya are growing in popularity since they offer more convenience and comfort. Managing a homestay should not be a headache with the right property management software. It allows you to take complete control over your accommodation and customer information. 

Should You Invest in a Property Management Software?

Now that you know what property management software is and who should use it, you are probably wondering whether you should invest in property management software. Investing in the best real estate management system in Kenya has more to offer than higher profits. 

First, getting the right rental management system will help you handle accounting easily. The good thing about property management systems is that they are more accurate than human accountants. You can also maintain financial records and tax documents. What's more, it allows you to generate statements and reports. 

Final Thoughts 

There you go, your definitive guide to property management software in Kenya. Investing in the top house management system in Nairobi, Kenya, gives you complete control over your property, tenants, and regulations. Anyone with a rental property should invest in the right real estate management system to maximize sales and lower workload. 

Our real estate and property management software is simple and completely integrates with popular payment methods, including Mpesa and banks. You can also quickly generate property, tenant, and landlord statements. If you want to learn more about our comprehensive property management software, don't hesitate to contact us today. 

Want to improve your property management for free?

Book a demo with us to learn how Bomahut can help you improve rent collection and save time on property management tasks.

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