New Online Property Management Tool Suits Small Landlords

by Chris on October 14, 2013

Vancouver-based Pendo Rent announced the launch of its free online service for landlords and property owners that promises “renting done right.”

The platform empowers owners to easily manage their rental properties, with a live dashboard providing an at-a-glance “health check” on tenants, financial transactions and more.

tenant screeningPendo Rent targets individual landlords and smaller residential buildings, rather than big property management companies.

Typical users range from a family renting out their basement to an investor with a few condos downtown — “citizen landlords” who don’t consider managing a rental unit their full-time job, and want a simple and efficient way to stay on top of their rental properties.

“We placed strong emphasis on designing clean, easy to use tools, that enable users to maximize their financial returns from their rentals, while minimizing their time and manual effort. We believe we offer a superior solution to the existing services available,  and a much more practical option than the spreadsheet or filing cabinet that the majority of rental owners are using to keep track of tenant and financial information,” said Vincent Cauwet, Pendo Rent’s Head of Product.

Canada-based users can collect online rent payments through Pendo Rent’s integration with VersaPay, a secure electronic payment processing system. Online payments for United States users are in development and will be announced shortly.

Owners can also post customized vacancy listings for available rental units, and seamlessly share the listings on Craigslist, Kijiji, Facebook and Twitter.

Other features include an alert system, document storage, address book and real-time graphs of transaction statistics. Pendo Rent’s responsive design is optimized for iPad, and a native app for the iPhone is planned for late 2013.

Pendo Rent says its goal is to help small landlords manage their rental properties so they can get on with the rest of their lives.  You can learn more at www.pendorent.com.

This post is provided by Tenant Verification Service, Inc., helping landlords reduce the risks of renting with fraud prevention tools that include Tenant Screening, Tenant Background Checks, (U.S. and Canada), as well as Criminal Background Checks, and Eviction Reports (U.S. only).

Click Here to Receive Landlord Credit Reports.

Disclaimer: The information provided in this post in not intended to be construed as legal advice, nor should it be considered a substitute for obtaining individual legal counsel or consulting your local, state, federal or provincial tenancy laws.

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