landlords, an audit trail is invaluable.
Keeping clear records of rent payments,
correspondence and other important information for each tenancy helps
landlords demonstrate they are meeting their legal obligations.
In the case of disputes arising, your records
may save the day.
Where do landlords start?
Even if you only have one investment property,
every landlord needs to keep good business records and a file for each tenancy.
At a minimum, landlords need to keep clear records
of the following:
•Copy of the lease agreement
•Correspondence between you and your tenants
•Documents relating to Bond
•Maintenance records, requests and receipts
•Any other information relating to the property and
RealRenta automatically populates the rental ledger
for each tenancy and also allows landlords to create other expense ledgers.
Also, each interaction with a tenant is date and
time-stamped for audit purposes.
RealRenta enables landlords and tenants to upload
documentation, agreements and photos as well as allowing tenants to lodge
maintenance requests via the platform.
Find out why RealRenta is disrupting the Real
Estate industry with our Self Management platform.
RealRenta is for Smart Investors, who realise that they are no longer bound to traditional
property management and the associated high fees.
and you will NEVER hand over your investment income to a Property Manager EVER
here: https://app.realrenta.com/Signup.aspx and
get 50% off the normal subscription Fee https://mailchi.mp/realrenta/50-deal-2020
Friday, 1 May 2020