10 Automation Ideas for Rental Businesses

The rental industry is rapidly adopting automation as a means to streamline operations, increase efficiency, and enhance renter experiences. As local businesses grapple with increased competition, automation has become a key asset for differentiation and growth. From streamlined customer communications to automated payment reminders, here are our picks for the 10 best automation tools uniquely suited for the rental industry.

1. TenantCloud

TenantCloud is a comprehensive property management software that automates tasks like collecting rent, tracking maintenance requests, and managing tenants. Its cloud-based system also allows for instant access from any device, providing convenience and flexibility.

We suggest TenantCloud for its versatility. Its platform integrates several aspects of property rental management into one system, saving you time and reducing possible errors resulting from task juggling.

2. Podium

Podium is a powerful customer interaction platform that helps local businesses in the rental industry build a significant online presence. Not only can you manage your reviews and social media interactions but with Podium’s Missed Call Follow Up Automation and Expiring Payment Reminder Automation, you can automate vital communication processes that ensure you never miss a beat or a payment.

We highly recommend Podium because of its comprehensive set of features that are perfectly aligned with the needs of the industry. It augments your customer communication and builds lasting relationships through intuitive, automated processes.

3. Rent Manager

Rent Manager is property management software that offers robust features. It can automate your leasing processes, handle invoicing, track maintenance, and even provide detailed reporting.

Rent Manager stands out with its powerful mix of property management features. Its automation capability can simplify your daily processes and give you more time for strategic endeavors.

4. Entrata

Entrata is an all-in-one property management software that offers solutions from leasing and rent collection to maintenance and marketing. Its robust automation capabilities help streamline business operations and management tasks for rental properties.

We think Entrata is a compelling tool for its flexibility and ability to cater to various types of properties from single rental units to large property portfolios.

5. AppFolio

AppFolio offers industry-specific property management software ideal for real estate, community associations, and student housing. It brings automation to property marketing, online leasing, resident and owner portals, and more.

AppFolio shines with its industry-specific solutions and automation features. It allows businesses in the rental industry to service unique niches without compromise in user experience or functionality.

6. MRI Software

MRI Software offers innovative leasing and property management software solutions for real estate owners, operators, and investors. With tailored automation features, MRI Software can reduce your manual workload, increase efficiency, and elevate your tenant experience.

MRI Software earns our recommendation for its comprehensive automation options built explicitly for the intricate needs of real estate operations which can streamline your rental business for optimum efficiency.

7. Propertyware

Propertyware is a robust property management platform aimed at single-family and low-density rental units. It offers automated workflows, tenant and owner portals, and property maintenance integration.

Propertyware’s focus on lower-density rentals combined with its automation capabilities makes it an excellent option for businesses managing single-family homes or small apartment complexes.

8. Stessa

Stessa streamlines property management by automating income and expense tracking. In addition, its dashboard gives you a centralized view of your property’s performance.

Stessa’s emphasis on financial tracking and automated reports makes it a worthy contender for rental businesses that want to keep a close eye on their properties’ profitability.

9. Yardi Breeze

Yardi Breeze is easy-to-use property management software with features like rent collection, marketing, maintenance, and owner reporting. The software’s automation capabilities make the management process a breeze.

Yardi Breeze earns its spot for its ease of use and intuitive automation features, which eliminate the steep learning curve often associated with property management software.

10. iRent

iRent is a tailor-made solution for property managers. It automates tenant screening, online payments, document storage, and accounting tasks. Furthermore, its mobile app adds an extra layer of flexibility.

We suggest considering iRent for its comprehensive features and mobile capabilities which make it possible for property managers to keep track of their operations on the go.

Make the Most of Rental Automation

Automation can elevate every facet of your rental business from tenant interaction to payment processing and more. The right tools, in combination, can streamline inefficiencies, reduce manual workloads, and unlock growth opportunities. We believe local businesses in the rental industry can reap rich dividends by leveraging these powerful automation tools. Initiating a conversation with Podium can be an excellent starting point to understand how automation can revolutionize your business.