RISMEDIA, Dec. 11, 2008-TReXGlobal.com, maker of free property management software and tax filing Web tools, announced that the latest release of SimplifyEm.com Property Management Software features a set of integrated premium services that makes collecting rent and managing property finances drop dead simple.
Tenants pay a variety of different bills on a monthly basis, and that’s why vendors typically send statements to clients – in order to remind them and encourage timely payments. However, tenants do not receive reminders for their largest bills (rental payments), and these bills often go overlooked. As a result, many real estate owners end up suffering from late payments, aging balances, and bad debt.
“With current economic conditions, not getting paid on time is becoming a serious fear for real estate investors,” says Pankaj Shukla, CEO of T-ReX Global, Inc. “Not receiving a rent check can make or break some of our clients… so it feels good to offer services that can help our customers sleep easier at night…”
There are 10 million real estate investors in the US, and 9 million of them own fewer than 10 properties. Only a small fraction of them use software applications like SimplifyEm.com to manage their rental property finances. To make their lives even easier, these real estate investors can sign up for SimplifyEm Premium, which enables them to use services like tenant lease management and automatic rent reminders to improve their cash flow. In just seconds, premium users can enter leases, send invoices to tenants, track billing history, and automatically charge late fees.
According to the company, this is in addition to all the other benefits that SimplifyEm.com offers to its users:
– Instant Money Savings with a comprehensive list of commonly overlooked write-offs
– Easy setup gets you up and running in less than a minute
– Less than five minutes a month to maintain property income and expenses
– Tax Time is a breeze with one click Schedule E
– Automatically record recurring transactions and eliminate repetitive data entry
– View Tenant Payment History and Collect Rent on time with automatic rent reminders
– Increase lease renewals by monitoring lease information and renewing leases before expiration
– Organize transactions – attach notes and store unlimited supporting documents
– Free e-mail and phone support
SimplifyEm Premium is available now at SimplifyEm.com. You can sign up for free at www.TReXGlobal.com.