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"I want to know what's going on, but I don't want to be on call 24/7. This works perfectly!"
Sonia, 5 rentals
Services start at $40/month
Full transparency and control with your financials and Colorado rental income
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Originally from the east coast, Andria Porter graduated from the University of North Texas in Denton with a Bachelors degree in Business Administration. She moved on to corporate America, assisting car dealerships and body shops to increase productivity and profit margins. She left the corporate world to pursue her passion for real estate. From ren... See more
Johnstown is a small town in northeastern Colorado. It is the county seat of Weld County and is situated on the South Platte River. The town was founded in 1858 and was named after its founder, John C. Fremont. The population of Johnstown is 18,889. The town is home to a variety of businesses, including a winery, a brewery, and a number of shops and restaurants. The town is also home to a number of schools, including Johnstown High School, and is served by the Johnstown-Milliken School District.
The average property management fee for rental properties range from 8% to 12% of the monthly rental income. For instance, if your rental property’s monthly rent is $2,000, the management fee would typically range from $160 to $240 per month. With a property management software, like Hemlane, you can manage your rentals for as little as $40/month.
Many property management firms typically charge a monthly fee ranging from 8% to 12% of the rent they collect. Some may charge less or more, but the average hovers around 10%.
A property management company is responsible for overseeing various aspects of rental properties on behalf of property owners. Their responsibilities generally include: marketing and advertising, screening potential tenants, drafting and renewing leases, tenant move-in and routine property inspections, tenant communication, rent collection, maintenance and repairs, and financial management. With Hemlane, you get 90% of what a property manager does at a fraction of the price. From advertising, maintenance coordination, rent processing, and eviction support.
A property management software are applications designed to assist landlords and property managers in automating their back-office tasks, financial operations and administrative procedures. This includes monitoring maintenance requests, document storage, providing an online tenant portal, processing rent payments, and more.
The main benefits of a property management softwares are to reduce costs and promote growth by automating the day-to-day administrative tasks. Here are some ways this is done: providing an easy way to monitor maintenance, streamlining accounting and payments, and automating tenant communication.