Taub Enterprises simplifies student housing management
with Tenant Pro.
The Company
Taub Enterprises, based in Arlington, Texas, manages condominiums at the University of Texas in Austin, as well as commercial properties in Dallas. The company manages 50 units, with occupancy ranging from 75 to 100 tenants. The company is owned and operated by Albert Taub.
The Problem
Managing student housing is difficult because of the high rate of turnover in each unit, plus a majority of units have multiple tenants. It is common for roommates to pay unequal amounts, which makes the task of properly assigning rent payments much more complicated.
"In my UT properties, students change their housing arrangements quite often. Getting rent from multiple tenants who pay different percentages of the amount due created a need for a property management software that could easily handle multiple tenants, rent income and histories." Albert Taub
The Solution
Property Automation Software's Tenant Pro. The system offers a powerful information management system, giving property managers detailed information on each tenant, unit, property, owner and vendor in seconds. For managers of student housing units, useful features include the ability to track multiple tenants per unit, tenant balances due, recurring charges, lease expirations, and late fees.
Success!
"Tenant Pro has made it very easy for me to track the large number of student tenants moving in and out of the condos. I appreciate the way it allows me to set up separate ledgers for each student, which is a requirement when a single unit may house up to four rent-paying students. I'm also asked frequently to check on a student's payment history, and Tenant Pro makes the process of finding out what he or she paid and what check numbers were used a snap." Albert Taub
Recommendation
"I'm a huge fan of Corvettes. I like the way they look and the way they perform. I place Tenant Pro in that same category, and that's a high honor coming from me. I've purchased a ton of business software in my career, but I've been most pleased with Tenant Pro. When it comes to the value a software offers, for the price nothing compares to Tenant Pro." Albert Taub
Media contact
Kevin Doel, Talon Strategic Communications
972.466.0040, kevin@talonsc.com
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