|My Rental Property (MRP) is an Internet based
Property Management Tool that helps Investors take
control of their Rental Property. Features include:
- FREE membership
- Immediate access
- Easy access to all transactions for the
financial year (year after year)
- Schedules to assist with the preparation
of annual tax returns
- Ability to manage unlimited properties
- Ability to consolidate reporting across
does it work?
By simply completing details on the Sign Up page, Investors will be granted
immediate access to the service. Investors receive an email detailing their
user name and password. As part of the registration process, Investors
must include details of their Property Manager, to whom MRP will extend
an invitation to join the MRP panel of Property Managers.
Property Managers don’t have to wait until their clients register
with MRP. They may elect to join the panel and then promote the concept
to their Investor base as a value added service.
are the benefits for the Investor?
Investors will have rental property details at their fingertips. Investors
can review transactions for the entire financial year (year after year)
and produce schedules to assist with the preparation of annual tax returns.
The service also provides contact details of the Property Manager and links
to useful websites to help take control of the investment. Access via the
internet means Investors don’t have to install or maintain cumbersome
programs on their own computer and best of all... the service is free.
are the benefits for the Property Manager?
When a Property Manager elects to become a member of the MRP panel, they
will be granted access to the service that includes details of all their
Investors. The Property Manager may elect to enter transaction details
on behalf of each Investor, thus providing rental statement details electronically
and potentially eliminating the need to send out paper based statements.
The Property Manager may otherwise elect to simply provide a tool to its
Investor base so they can record their own details once they receive a
statement. The Property Manager will gain much efficiency by providing
the Investor with an online management tool. It will minimise the number
of queries directed to the Property Manager, but when queries are presented,
resolution will be quicker because both investor and manager are able to
look at the same details at the same time. The Property Manager is able
to provide a high tech service to its clients without the high tech price.