The Best Owner Apps to Track Rent, Repairs, and Financials in Real Time

Problem: A landlord managing four rental properties remotely (out of state) was struggling with the typical challenges of distance. They faced communication delays with tenants, missed or late rent payments that were hard to chase down, and costly maintenance surprises that popped up without warning. Keeping an eye on local repairs and legal compliance from hundreds of miles away was becoming a full-time job in itself, and the inconsistent cash flow plus stress were starting to add up. Solution: The landlord turned to Home365’s all-in-one property management platform for help. With Home365, they gained a local team in each property’s city to handle tenant communications, 24/7 maintenance coordination, and on-the-ground oversight. At the same time, the owner began using the Home365 Owner Portal for real-time updates – automated rent tracking, instant maintenance request alerts (with photos of issues and progress updates), and transparent financial reports for each property. Home365’s Profit Protect plan also guaranteed the rent, so even if a unit went temporarily vacant or a tenant paid late, the owner still received a predictable income every month.

Essentially, Home365’s solution let this remote landlord “invest and rest,” confident that every issue would be handled promptly and that they could check in on their investments anytime with a few clicks. Outcome: Within just three months of onboarding with Home365, the out-of-state landlord saw significant improvements. They reduced their vacancy time by 18%, as Home365’s efficient marketing and tenant placement filled units faster than before. Late rent incidents dropped dramatically thanks to the rent guarantee – the owner received full rent every month, eliminating income gaps. Additionally, by having maintenance emergencies addressed immediately and included in the flat monthly rate, the landlord saved roughly $600 per month in unexpected repair costs that would have previously come out of their pocket. Most importantly, the owner regained peace of mind. They no longer needed to make rushed trips or frantic phone calls to manage issues; everything was handled seamlessly by Home365. This remote landlord was able to grow their portfolio confidently knowing their properties were in good hands, proving that with the right partner, long-distance real estate investing can be profitable and hassle-free.