How Cloud Based Property Management Software Saved Glynn’s Properties Thousands of Pounds.
With just over 50 properties and a straight forward approach to portfolio management, we catch up with Teresa to see how she’s getting on with Alphaletz.
First things first, who are Glynn’s Properties?
Glynn’s Properties own 50 residential properties blended between single lets and holiday run by Teresa Aitken, a portfolio landlord
First things first, who are Glynn’s Properties?
Glynn’s Properties is a residential property lettings agency ran by Teresa Aitken. Her portfolio consists of 50 properties blended between single lets and holiday lets.
We asked Teresa a series of questions surrounding Alphaletz and how using Cloud Based Property Management Software has helped her and her business.
We found that Teresa has saved thousands of pounds since adopting Alphaletz, on both accountancy & admin fees. She’s also able to now scale without limits!
Q. So, Teresa, what systems did you use when you first started your portfolio?
Spreadsheets!
It was a total nightmare and completely time consuming. Having to store data in lots of different places led to data being repeated and overwritten, it was also hard to keep all that data up to date, leading to immense difficulty and confusion.
We realised pretty early on that we needed a more scalable system!
Q. What sort of challenges did you encounter when using spreadsheets?
I think it was mainly trying to keep spreadsheets up to date which ultimately caused communication problems when you’re trying to co-manage it with others.
Q. Eventually you discovered Alphaletz… Right?
I did!
I saw Alphaletz being advertised so I thought I’d check it out.
Initially the main point of interest was being able to use the mobile app which gave me access to data on the move. The access to the information at the touch of a button has proved invaluable.
For the first time ever in thirty odd years I can access information within seconds, no matter where I am on performance per house to see what types of properties make the most money as well as the types of tenants!
Q. Teresa, what are the main benefits of Alphaletz?
Alphaletz saves me monumental amounts of time.
I work closely with someone who looks after all my tenants and now she’s able to log expenses like repairs, maintenance costs and everything else easily with Alphaletz. I’m able to see everything too!
I also love the…
- Automated reminders to tenants when rent is overdue.
- Immediate access to rent due dates by property
- Access to mortgage providers and funders through the app.
Also, I’ve just noticed that I’m coming to years end and the expenses I’ve been able to log has been significantly higher than the year before due to the help of Alphaletz allowing me to easily reconcile any payments made…
It’s saved me a bunch of money! Not only on reducing tax rates but it’s made the accountants job significantly easier meaning that I don’t have to pay them for a tonne of hours!
Q. Would you recommend Alphaletz to other landlords?
No brainer. It’s great value, nice and easy to use.
I now have steady access to an easy flow of Information at a touch of a button.
I also love the task element. It helps me set tasks for future reference so I can stay compliant and in control of my day-to-day operations as well.
As I said… No brainer!
