What is Azibo in Multifamily Real Estate?
What is Azibo in Multifamily Real Estate?
Azibo is a financial services platform tailored for small to mid-sized landlords and property managers in the multifamily real estate sector. It offers various tools to help streamline property management tasks, with a focus on handling rent payments, expense tracking, and financial reporting.
Here’s a breakdown of Azibo's key offerings:
- Online Rent Collection: Azibo provides a platform for tenants to pay rent online, which can improve payment consistency and reduce processing time. Payments can be made via ACH transfers or credit/debit cards, giving flexibility to tenants.
- Expense Tracking and Reporting: Azibo helps landlords and property managers track property-related expenses, manage cash flow, and generate financial reports. This can make tax preparation easier and give landlords insights into the profitability of their properties.
- Insurance Services: Azibo also offers landlord insurance and renters insurance, helping landlords protect their investments and giving tenants the option to secure affordable coverage.
- Tenant Screening: Azibo provides tenant screening tools, including credit checks and background checks, allowing landlords to make informed decisions on potential renters.
- Automated Bookkeeping: The platform integrates with bookkeeping software, helping landlords keep accurate records without needing separate accounting tools.
Azibo is designed to simplify property management by consolidating financial tasks in one place, allowing landlords to save time and minimize administrative overhead.
