How does a property manager keep track of multiple properties?

Many property management companies use property management software programs to keep track of the rental properties. These property management software programs help track maintenance and repairs done to the property, collection of rent, correspondence with tenants, annual property inspections, lease renewals, tenant pre-screening, lease form generation and accounting reports of income and expenses to the property owners.

Many property management companies assign a property manager to specific rental properties.  This process ensures the property manager is familiar with the property, the tenants and the overall condition of the property.    A single point of contact for not only the maintenance technicians and the tenants, but to the property owner as well to ensure the property owner is informed of any necessary maintenance to maintain the property to obtain maximum return on investment.