Simplify invoicing your HMOsHouses In Multiple Occupation (HMOs) can be a challenge for any landlord or letting agent to manage but even when dealing with large portfolios the process can be eased using Landlord Manager for Sage.
The property industry has evolved following the recession and HMOs are no longer exclusively used for students as ‘Generation Rent’ has seen young professionals continue this way of living after graduating from university.
Landlord Manager is the perfect solution for managing HMOs as the software allows users to invoice tenants individually when living in the same property as it calculates splitting costs accurately.
Our software is the only property management package with a true 2-way integration to Sage which automatically formats financials in a way understood by over 90% of accountants. This will not only reduce accountancy fees but it will improve productivity when data entry is reduced dramatically. This unique feature is also particularly useful for landlords and letting agents managing HMOs as it offers profit and loss reports on each property instantly, giving a quick snapshot of how cost-effective your portfolio is proving to be.
When one or more of your tenants move out Landlord Manager makes it is easy to fill vacancies with its applicant centre where enquiries can be logged. Advertising to find new tenants has never been easier using the portal feed which takes data already inputted on Landlord Manager to your Rightmove and/or Zoopla account with just ‘one-click’, this can also work for listing on Gumtree too.
If your requirements are more complex and you are looking for a solution to efficiently calculate service charge budgets, manage blocks of flats or improve your cash flow visit Decorus for Sage, our premium product.