December 9, 2021

8 ways landlords with property managers can benefit from Azibo

How does Azibo help landlords who use property managers?

8 ways landlords with property managers can benefit from Azibo

Azibo is a one-stop-shop for landlords’ financial services needs. Our integrated platform provides free tools for landlords and their property managers, including banking, rent collection, security deposit management, expense management and Schedule E classification, bill pay, insurance, mortgages, and more.

Landlords and property managers alike use Azibo to collaborate and better manage rental property finances. In fact, Azibo’s CEO lives in Nevada but works with a local property manager for his rental properties in Ohio. 

Here are eight ways landlords who use property managers can benefit from Azibo’s platform: 

  1. Azibo is free for landlords and property managers. If you’re worried about how hiring a property manager will impact your profit margins, you can eliminate the cost of expensive property management software by switching to Azibo. And yes, Azibo really is free — instead of charging recurring fees like traditional banks and property management software companies, we make money in other ways so we can provide our core service at no cost. Learn more about our business model
  2. You can sign up for Azibo using your LLC or other alias, rather than using your own personal details. This is ideal for landlords who want to keep their identity private when communicating with tenants or paying vendors.
  3. Azibo offers shared visibility into property management. A strong relationship between property managers and landlords guarantees smooth management processes and satisfied tenants. Azibo allows you to create portfolios of properties to share with property managers, so that you get full visibility into your entire portfolio in one place — while property managers only see the properties they manage. In fact, you can share different portfolios with different property managers while you, as the landlord, have access to all portfolios and properties.
  4. Azibo provides real-time rent payment status so landlords always know who has paid and who hasn’t. And, by linking all of a landlord’s bank accounts and providing the ability to tag transactions by property and expense type, Azibo allows landlords to manage all of their portfolio finances in one place.
  5. Pay bills and return security deposits online with Azibo. Easily make payments to vendors, partners, property managers, and tenants for free. Our high transaction limits are designed with landlords in mind. 
  6. Azibo offers one-time invoices. If you need to bill your tenant for a one-time fee or payment, you can request money easily and efficiently with a one-time invoice. This addresses fees or payments outside of monthly rent collection, including late fees, pet deposits, and more. 
  7. Streamlined bulk tenant onboarding helps property managers and landlords set new tenants up to pay rent more efficiently. For a limited time, we’re offering our white glove service, Azibo Premium Onboarding, to eligible landlords for free (it’s normally $25/tenant). You'll get a dedicated support representative to guide you and your tenants through the setup process so you can quickly start collecting rent online with Azibo. To sign up, schedule a call with Azibo today. 
  8. Azibo simplifies tax preparation and expense management. Come tax season, many rental property owners painstakingly pore over spreadsheets and bank statements in order to make the most of their deductions. With Azibo, landlords can easily tag transactions by property for up to 24 months of expenses, or even tag expenses in non-Azibo linked accounts. You can also use Azibo to tag expenses by property and Schedule E category to quickly itemize deductions when it’s time to file.

Hiring a property manager is a major step for landlords. By determining your priorities when it comes to saving time versus saving money, you’ll be able to make an informed decision for your real estate investment.