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Chrissie has been a landlord for 21 years and uses Landlord Vision to manage her property
portfolio. We asked Chrissie some questions about how she runs her successful portfolio and why she uses software to mange her properties.
What does your portfolio look like?
My portfolio is a mix of student lets and HMOs. I manage 11 properties and 20 tenancies within these properties.
How do you run your property portfolio?
I have been letting independently until now, and have recently started an LTD company. I intend on moving my portfolio into the LTD company. The shareholders are family members, so I hope to have the option in the future to take a more hands-off approach to my business and let my family takeover the management side.
What made you choose property management software?
I was looking for a programme that was progressive and kept up with the constant changes in the industry, for instance the upcoming regulations that will require quarterly tax reports.
Now that I’m using Landlord Vision, I reconcile on a regular basis with my bank account. This categorises all my expenses and reminds me of imminent renewals. This feature has been particularly useful in making sure I avoid fines by keeping up to date with certifications.
All my information is always readily available and having these records to hand has saved me time on my property management.
Do you have any favourite features?
The programme calculates rent I might owe to a tenant, which is particularly useful when a tenant leaves mid-month. Aside from that, the software motivates me to be organised and keep on top of everything, so preparing accounts becomes almost insignificant.
Would you recommend Landlord Vision?
Yes, I felt this was a comprehensive package at a reasonable price. It’s user friendly and features like the pre-warning of certification expiry are such a bonus. The support is excellent! Leaving a “help” request is simple or you can also call to their support team.
Take the time to set your account up precisely, and all information will be easily retrievable, making management very easy and the initial time investment more than worthwhile.”
