Blog

 A blog about the Vacation Rental Industry and the benefits to using Vacation Rental Software

Promised content: Up to date industry trends and some random bad jokes.

Handle March Madness with RNS All-In-One Software

Posted March 14, 2013 in Blog Posts, Bookkeeping Topics

Handle March Madness with RNS All-In-One Software

March is here, and that means Spring Break! Out of state license plates fill the streets, beaches are overflowing and your properties are all rented! We like to call this time of the year, March Madness, and it’s not because of the basketball games. Property Managers are running on overdrive. Properties will be continuously booked for the next couple months. If your Vacation Rental Software doesn’t have the features to sustain organization, then you too will fall into the Madness. RNS All-In-One Vacation Rental Software makes sure that organization is upheld and business activities run as planned. Reservations should run smoothly. RNS color coded reservation calendar and detailed guest information keeps you and the customers happy and on time. Credit Cards must be processed. RNS authorizes and processes credit cards or e-checks right in the software. Handle Work Orders when you need to. When things go awry, RNS has your contract companies and billing information ready for work order processing. House Keeping needs to be done on time. On a short turn around, RNS makes sure everyone on the house keeping staff knows where and when work should be completed. Spring Time is a hectic time for many Vacation destinations. Managing Property Rentals can be a challenge during peak season months. With the Cloud Accessible RNS All-In-One Software, you will be ready to combat the madness wherever and whenever you...

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The “Can’t Live Without” Features of Vacation Rental Software

Posted February 21, 2013 in Blog Posts

The “Can’t Live Without” Features of Vacation Rental Software

It has been said that the fastest way to the finish is to take a straight line. To put this in terms of the human complex: “How can I do my work, the fastest most efficient way possible, oh and preferably the easiest”. Congratulations, my fellow homo sapiens, we have figured out the key to living a successful, systematic, intelligent way of life. With this way of thought, we created “leisure time” and “weekends”. What would we do without weekends?! Different professions have their own “straight line” if you will. Teachers use movies and interactive learning tools, Doctors utilize innovative medicines and Property Managers use software. Since the reason for this blog is to discuss Vacation Rental Trends we will leave the other occupations to their own devices and dive into the necessity of Vacation Rental Property Management Software. Vacation Rental Software is an organizational tool that makes a property manager’s jobs easier. Any software will make the job more manageable, but it’s the RIGHT SOFTWARE (RNS) that will be your “straight line”. To find that software you need to make sure you have all the features that create a systematic, successful work environment. Below is a ist of Software Feature’s a Property Manager needs: Reservation Management – A smooth front desk makes for a happy world. Accounting – Don’t skimp! This feature needs to be top notch, because everyone knows that the numbers rule all Online Property Search and Bookings – DUH! It’s the 21st century Owner Services – Keep them happy and out of your hair! Marketing Distribution Capabilities – Exposure, Exposure, Exposure Customer Relationship Management – Love thy paying customers Work Orders and House Keeping Tools – This is basic and a must for orderly daily activities Cloud Based – Having your information available whenever and wherever you are comes in handy… like everyday In our quest to find the most efficient way to finish a task remember your straight line. For Property Managers the decision is in choosing the right software with the right features. Because, it’s the features that create results and the results are followed by the...

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Property Management Duties Overwhelming? Help is Here!

Posted January 18, 2013 in Blog Posts

Property Management Duties Overwhelming? Help is Here!

Property Management is a rewarding job… most of the time. There are lots of reasons to become a property manager; good pay, flexible hours, change of scenery, and a reasonable opportunity to grow. But there is always a downside to everything; crazy tenants, confusing regulations, the occasional accounting disaster, and the everyday hassles of dealing with third parties. So you weigh the good and the bad, right? But what if there was a solution to the bad… Rental Network Software, is a property manager’s magic wand. Property Management Software like RNS’ help simplify the craziness of managing units. The more rentals you have the more hectic it gets, but don’t fret, this is where RNS shines. RNS is filled with features for any situation. Complete Trust Accounting Separate Financial Reporting Manage Multiple Checking Accounts Electronic Owner statements Set Reoccurring Rent Charges Set Reoccurring Vendor Bills Easily View Rental History Book Multiple Years into the Future Create Custom Lease Documents And much more! This blog is celebrating the Property Manager’s out there. You work hard for your money. RNS Software will help you work smarter. I’ll leave you with this, when you think your job stinks, be thankful your not a property manager in these...

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New Year, New Goals – New Vacation Rental Software

Posted January 11, 2013 in Blog Posts

New Year, New Goals – New Vacation Rental Software

The New Year is here, as business professionals we set new goals and objectives to meet during the year. These goals are created to better our business. We strive to create more leads, make more profits, run smoother operations, or it be as simple as make work more enjoyable. So when the time comes, you ask yourself, “what do I need to do, to get to where I want to be?”. Well, if you are a lawyer or a doctor I don’t know the answer, but if you’re a Vacation Rental Manager, I can help! The Vacation Rental Industry is ever changing and is becoming more competitive every day. Besides the competition and marketing that goes into it all, as a manager you also have to be on top of the property maintenance, housekeeping, customer satisfaction, owner concerns, finances, and so much more. So, how will you ever reach your goals with so much on your plate? The solution is: Vacation Rental Managment Software. What is Vacation Rental Software? It’s just the next best thing since the microwave. This type of software simplifies your work duties by streamlining your activities into a package that is manageable. Make sure you do your research though. Many companies who supply Vacation Rental Software, make the front end design look real nice but the meat of the software just doesn’t live up to your needs. You are going to want Full Trust Accounting Tools where you never have to second guess your numbers, Reservation Tools that streamline your front desk duties, CRM Tools that turn your guests into repeats and your owners into happy owners (we know thats not always the easiest), and don’t forget the Marketing Tools that will make you visible to get those leads you are aiming for. Vacation Rental Software will help you achieve your New Year’s Goals. Leads will come in, operations will run smoother throughout your entire business, profits will increase, all resulting in a happier, job loving Vacation Rental Manager –> YOU. Have some questions about Vacation Rental Software, I would be glad to help, just Click...

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Rental Property Management Software – What It Does And How It Helps

Posted January 5, 2013 in Blog Posts

Rental Property Management Software – What It Does And How It Helps

As a property manager of an established business, you will always be wondering about the tenants that have booked houses, those that have paid their rent and those that have not, advertising for vacancies and a whole lot of other property management issues. There are also schedules that need to be marked and given priority like inspections, credit checks on the tenants. All these are a hassle for you and are also extremely time consuming if you are using a manual system. The rental property management software, however, lifts this load off from you. The rental software makes things much easier to handle and does away with the manual system of things. This makes the work of managing your property much easier, time saving and a whole lot more cost effective. What it does The rental property management software simplifies the communication between a property manager and his tenants. Suppliers and stakeholders’ communication is also made a lot simpler and more effective. The software also allows for you as the property manager to be able to manage their documents without the hassle of a physical filing system. The files are located on an online server making it easier to search for a particular document and retrieve it. How it helps The most significant value of this rental property management software is that it helps you keep an exact record of rent paid, any rent arrears, and all other transactions coming or going out of your property management company. This way you will be on top of things when it comes to determining your expenses and income. As far as rental management systems go, this one can’t be beat as it allows tenants to view their personal rent transactions online as well as allowing businesses to send notifications to them, in the same manner, using the mail merge function. The multi user ability of the system allows for your staff to enter the details for you in case you are attending to another matter. The rental property management software also keeps you one step ahead by notifying you when a tenant’s lease expires. In addition to these benefits, the software also allows you to: Keep an eye on all repairs tracking their development from when the problem was reported to the completion of repair and payments arising from the repair Send summary reports of the property to the property owners so as to have them updated on their property’s...

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Is Vacation Rentals Software Effective?

Posted January 3, 2013 in Blog Posts

Is Vacation Rentals Software Effective?

When running your business it’s important to have the proper tools to ensure the job is done well. As such, vacation rentals software could help your business in many ways. Here is a look at some of the benefits it offers. For one, this software offers convenience. What makes this program so unique is its ability to easily integrate everything from reservations to accounting. In turn, this makes it easy to access the system to check reservations, make corrections and ensure rates are right per unit. This system is also easy to use. The vacation rentals software can be a tremendous time saver as you and your staff can access all the information they need in simple drag and drop fashion. Further, the search criteria is outstanding as it allows you to look up information on up to 40 different search items. As a result, you can access the information you need quicker, which can lead to better customer service and increased productivity. Lastly, rental vacation software offers an accounting program that is exceptional. Unlike Quickbooks, that deals with summarized reports, Rental Network Software can handle more detail, which will allow you to do everything from billing clients to daily deposit recording. Vacation rental software can benefit your business in multiple ways. With its seamless integration of data, you can access information quickly, thereby allowing you to print reports, share data with staff and assist your customers quicker. Furthermore, with a solid accounting program you can have peace of mind in knowing your reports are right and billings are...

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Property Management Made Easy With Property Software Solutions

Posted January 1, 2013 in Blog Posts

Property Management Made Easy With Property Software Solutions

Software has become a beneficial tool when it comes to property management solutions. Time is valuable and software that can help with organization, accounting, and running many aspects of your property management system can become an essential part of your thriving business. The more seamless your business runs, the better customer service you are able to offer— which results in more clients. So what does a great property management software program look like? Here are a few key features to expect while searching for your property management solutions. Accessibility– When you are able to access your property management software online— it gives you the freedom to run your business wherever you are. In addition, the ability to book online is a key feature to look for. Accounting– Since much of property management requires strong accounting, a program with solid accounting features is crucial. Whether you are utilizing program elements like trust accounting, accounts receivable, work orders, or cash flow projections, a great program will ideally be able to do all of these things and more. Detailed– Great property management software keeps track of even the most minor details. It also has the ability to manage refunds, multiple checking accounts or owners, several types of security deposits, reconciliation, and several other convenient features. It also will give you the choice for brief summaries or a fully detailed report. Your property management solutions should make running your business easier. While good software doesn’t necessarily mean cheap software— it shouldn’t continuously take a percentage of your bookings. A payment plan can provide you a simple solution to purchasing software that offers you accessibility, convenience, accounting, details, and allows you more free time in your life. That is something that is...

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Vacation Property Management? Find The Software To Make Life Easier

Posted December 29, 2012 in Blog Posts

Vacation Property Management? Find The Software To Make Life Easier

Managing vacation rentals is a challenge whether you are handling one unit or one hundred. Vacation property management software makes this much easier. Using core functions, this vacation management software handles almost every aspect of managing rentals. Whether making reservations, scheduling housekeeping, or tracking accounts, this software makes it all easier to handle. Start with the reservations process. This software provides a visual layout of each unit’s calendar. It is easy to see when units have an active reservation and when the units are available. Drag and drop functionality makes it easy to rearrange reservations. All rates and fees are available in the reservation interface to make it easy to quote guests for specific rental periods. These are just some of the reservation features that making managing vacation rentals easier. Does your current system allow online bookings? Good management software integrates smoothly with your website. That allows your customers to view and reserve your rental units. That reservation automatically shows up in your overall management system. It offers your guests a convenient way to make their vacation plans at any time of day or night. House keeping is much easier with good vacation property management software in place. This rental solutions software allows for easy unit scheduling of house keeping. You want cleaning between rentals to make the unit fresh for the next guests. Your guests may request house keeping while they are staying in the unit. Scheduling that is easy as well. House keepers can update the status when they complete the work. Adding maintenance work orders is just as easy. When a guest or a house keeper reports a problem, the manager can enter a work order with just a few click of the mouse. The maintenance staff can access the information and update it as needed. All updates show up instantly in the system for managers to view. Payments and accounting are very easy with this software. Credit card processing is possible through the system and it is even possible to offer your guests the chance to buy travel insurance. All the data is easily accessible for reports and data extracts so your accounting staff will have no issues getting the data they need to do their jobs. Vacation property management software increases efficiency and manages costs. It makes tracking reservations, house keeping, and maintenance easy. With the option of making monthly payments or purchasing it out right, using it only makes...

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What Types Of Leasing Property Management Software Are Out There?

Posted December 27, 2012 in Blog Posts

What Types Of Leasing Property Management Software Are Out There?

Whether you manage 15 or 2,500 vacation rental properties, the proper management of these units can be a seriously stressful undertaking. It is because of the need for a streamlined and efficient system that more and more property owners and management companies are turning to advanced leasing property management softwares in order to simplify the process. Although there are many leasing property management software programs available on the market, it is important to understand that some are better than others. Here we will take a closer look at the types of software systems that you should be looking for. 1. All-Inclusive – Look for a software solution that does it all – not just some of the work. While some programs are only capable of tracking your occupancy levels and availability, a good leasing property management software will also be able to handle all of your accounting needs in a way that is efficient, secure, and easy to understand. Find programs that will make your life easier by allowing you to coordinate your housekeeping schedule or keep track of work orders for vacation rentals that are in need of repairs. 2. Industry-Specific – As you look for the right leasing property management system, you will need to make sure that you have selected an industry-specific program. There are some softwares that are utilized for general property management for for the leasing of commercial properties, while others will be tailored to the needs of companies who manage vacation rentals, resorts, condominiums, etc. These systems are helpful as they will help you to schedule bookings on an advanced and extensive calendar system, allow you to send e-confirmations to your guests, provide travel insurance, and other relevant features. 3. User-Friendly – The last thing you want is to make your work more difficult by selecting a complicated software program that provides little guidance or explanation. It’s a smart idea to have a software representative provide you with a demonstration of the program prior to purchase so that you feel comfortable and confident that the system will meet your needs. Choose a system from a company that will provide you with a set amount of training services so that you and your staff can become oriented and familiar with your new leasing property management system. Regardless of how many property management softwares that are out there, making the right choice is easy when you look for these...

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Keep Organized With Accounting Software For Property Management

Posted December 25, 2012 in Blog Posts

Keep Organized With Accounting Software For Property Management

While general accounting software can be a beneficial tool for any business, accounting software for property management takes the advantages of automation even further for such assets. Not only does the tool allow users to track all their financial transactions, accounting software for property management also allows users to maintain individual record databases for each property within this property management system This allows easier management of records, data, and reporting on a property-specific basis. Immediate Tool Benefits Any landlord or professional property manager will attest trying to control and keep track of property activity on paper can be a nightmare. Automation alone can clean up such problems, providing far better tracking as well as ability to find past information for reporting and research. Accounting software for property management also allows a landlord or property owner to leverage past data for trends, which gives him a far better ability to estimate pricing, rent levels, profit margins, revenue streams and valuation. All of those elements are critical to producing or maximizing potential profits from revenue-producing properties. Alerts and Warnings Once programmed with relevant property information, a property manager can also rely on the given accounting software to flag tenancy problems. Late rent payments and fees can be identified easily for multiple properties rather than having to proactively watch cash flow on each account. Property tax payment deadlines as well as income tax deadlines can also be automated so that an owner or manager is never late; at least in terms of awareness of deadlines coming up. Further, account information on different properties or tenants can be consolidated, allowing a user to see all data on a particular subaccount rather than fishing through different ledgers. Investment Support Where a property manager or owner needs to have data to support valuations for a potential partnership or property sale, detailed accounting software benefits really stand out as reporting can show specific, actual financial trends on a given property. This avoids anecdotal statements and allows an owner or manager to show conclusively what sort of costs and revenue a given property has for investment purposes. General Versus Real Estate Specific As noted earlier, general accounting software is available and can be used by any business. However, accounting software for property management makes a huge difference on how financial transactions are managed, reconciled and reported, all of which makes accounting for landlords far easier in the long run. Want more information on Rental Network Software? Click...

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