Landlords Can Save Money With a Nest Learning Thermostat

Landlords and renters have many ways to save time and money.  One way to save time every month is by using landlord software like Schedule My Rent to automate rent collection.  Another way of saving time and money is by automating your heating and cooling with a Nest learning thermostat.

Ways to maximize rent and profit on your rental:

1.    Make your rental appealing to great renters so that you can quickly rent a unit that becomes vacant.

2.    Have renters that stay in the rental for many years so you reduce the expense and time of turning the rental (repairs, painting, cleaning, advertising, showing, applications, etc.).  If a unit is in good shape and has nice features, renters are more likely to stay and to take good care of it.

3.    Save money on electric and gas bills.  If you are paying utility bills, these saving flow directly to your profit.  If renters are paying, having lower bills is a great selling point.

It might sound crazy, but switching an old thermostat to a new Nest thermostat may help with all of these items.

A Nest thermostat helps in many ways:

·       It makes a rental unit look more modern.  A tenant will immediately notice a Nest thermostat and think that the rental unit has been upgraded and will be a nicer place to live.

·       It can be controlled from any computer or phone with the Nest app, which is a great selling feature.

·       It automatically learns the renter’s schedule and will automatically raise and lower the temperature to always keep it comfortable inside.

·       Save $131 - $145 every year on utility bills, based on typical energy costs.  Nest knows if you are home or not.  Based on this, the current temperature outside, and the temperature patterns that renters select, it automatically tries to save 10-15% on energy costs by properly adjusting the temperature, especially when nobody is home.

·       Know if there is a problem.  The nest can tell if there is a problem with your furnace, filters, and more.  It is much cheaper to do preventative maintenance than to have emergency repairs in the middle of the night.

·       It is easy to install and not that expensive.  The Nest E is currently priced at $169.  Many utility companies give rebates for installing energy efficient thermostats, which could reduce the cost by $50.00 or more.  A new Nest thermostat may pay for itself in under one year.

Landlord software to collect rent online saves both landlords and tenants time.  Installing a Nest thermostat is another great way to save time and money.

Why Renters should use an Online Rent Payment System?

Having a landlord that accepts online rent payments creates flexibility for renters to make payments on-time. This is the best way to keep an optimistic renter-landlord relationship, and reduces risk and worry for both renters and landlords. If your landlord is not offering an online rent payment system today, let them know that they do have this option available. 

Renters can learn more about why they should be using an online rent payment system through Schedule My Rent. Schedule My Rent offers online rent payment software. Continue reading below to learn more about the convenience and security benefits for renters.

Convenient Payments

Renters can make rent payments from anywhere and anytime. This prevents late payments and recurring fees due to late payments. You can conveniently pay rent on-time even though you have a busy lifestyle.

Safe and Secure Payments

Online rent payments by Schedule My Rent are a safe transaction. Your personal information and bank information is protected. This is also a safer alternative to writing checks and paying in cash. As checks and cash can get lost in the mail. 

Easy to Manage

Online rent payments are real-time transactions. This makes rent easy to track. You can look at past payments and also set up automatic withdrawals from your bank account. Online rent payment software from Schedule My Rent makes everyone’s life easier.

Schedule My Rent

Schedule My Rent offers landlord and property management software to help renters pay rent online. We love simplifying online rent payments for renters. If you’re a landlord or renter needing an online payment system that is safe and reliable, learn more about Schedule My Rent. We want to tell you more about who we are and what we do. Call 844-465-3339 or email support@ScheduleMyRent.com for any additional questions.

How Resident Portal makes Online Rent Payment Easy

Top-notch landlord and property managers put their tenant needs first. They understand the importance of making online rent payment easy with a resident portal or tenant portal. Taking advantage of an online rent payment system has many benefits including:

·         Convenience: Online rent payments allow residents to pay rent anytime and from anywhere. This prevents residents from having to write checks or send cash in the mail. This also helps protect tenant’s information. Automatic payments create effortless options to pay rent on-time. Having a busy schedule or traveling is not an excuse with the convenience of online payments. With automatic payments, residents don’t have to worry about late fees.

·         Connectivity: Resident portals are a great way for residents and landlords to stay connected. Resident portals can help streamline the communication process between the two parties. Tenants can make maintenance request from the tenant portal or communicate concerns. It is also a great way for property managers to track work orders and maintenance completions.

·         Community: When you are connected to an online rent payment portal and set up automatic payments it helps for fewer mistakes to be made. The synergy of having both parties happy creates a better sense of community. It is also a great platform to collaborate on events, occasions or news.

Using a tenant portal has numerous benefits for tenants. A resident portal or tenant portal make tenants lives easier and simplifies paying rent! If you’re a tenant needing an online payment system that is safe and reliable, tell your property manager about Schedule My Rent. Visit us and learn more about who we are and what we do. Call 844-465-3339 or email support@ScheduleMyRent.com for any questions.

5 Reasons for Tenants to Adopt Online Rent Payments

You have such a busy schedule between work, school and family that you don’t have time to pay your rent in person, online rent payments is an easy and quick solution.

Schedule My Rent understands life gets busy, which is why our online rent payments system are meant to accommodate tenants as well as property managers. We help you (the renter) decide how to run your day to day my managing your online rent payments with you.

Schedule My Rent lets you know when rent is due and allows you to set recurring payments. Never miss a rent payment again. You also have the ability to upload important forms or documents your landlord may need with a click of a button. Giving you back your own personal time to do the things you love most.

Benefits of online rent payment for tenants:
•    It’s free for you
•    Fast & Easy
•    Saves you time and energy
•    Helps you pay rent on time
•    Safe and secure payments
•    Some landlords give rewards for recurring online rent payments

Paying Rent Made Easy
 
Paying your rent on time is beneficial to your credit history and also helps you avoid any late fees, hence saving you money in the long run. In return you will have an improved relationship with your landlord and avoid any types of eviction notices.

Another great thing about online rent payments is that they are being instantaneous and your funds are transferred in real-time. This prevents you from over-spending and helps you budget your bills for the month.

Contact Schedule My Rent Today
 
If you live somewhere today that does not use online rent payments, contact Schedule My Rent to learn how you and your landlord can benefit equally. We are here to assist both renters and property managers.

Benefits of Having Tenants Pay Rent Online

Managing rental properties can be a real balancing act. The biggest headache is your ability to collect rent totally and on-time. Partnering with Schedule My Rent takes away majority of the stresses due to collecting rent in person. 

Majority of landlords prefer online rent collection for this reason. At the same time, there are a growing number of tenants who prefer this system as well. Especially younger renters, who are completely out of touch with licking envelopes, writing checks and sending payments through the mail. 

Switching tenants to pay rent online has many benefits to both landlords and renters. 

Some of these online payment benefits include:

-Setting up recurring or one-time payments

-Property management service for landlords

-Directly deposits rent into your bank accounts

-Tracks rent, bills, and fees for tenants

With payment options and reminders for both landlords and tenants, late rent payments are decreased. This serves the landlord because rent is paid on-time and the renter receives no late fees. Both sides are happy and it is a win-win for renters and landlords. Scheduling rent payments online also minimizes the use of paper and this makes for a greener and more environmentally friendly transaction.  

Ultimately, having tenants pay rent online provides greater visibility and tracking of all rent transactions. Increasing the accountability; limits the room for excuses on late payments and no payments by the renter. The benefit of landlords and tenants receiving status updates in real-time minimizes any disagreements between one or two people. 

As with any new system, it takes a few times to get used to. Paying rent online with Schedule My Rent is easy to set up and use for both tenants and landlords. We help landlords get paid regularly and on-time and help renters pay their rent on-time. 

Contact Schedule My Rent today to learn more about the benefits of having tenants pay online and adopting the new online rent payment system.