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What is hBits?

Lease agreements are established through leave and license contracts, which generally encompass a lock-in duration of three to five years. Tenants are tasked with the responsibility of furnishing and fitting out the spaces, fostering a significant bond between them and the property. A security deposit that amounts to at least six months' rent serves as a protective measure, providing landlords with the necessary time to find new tenants in case of an early lease termination. This investment avenue is distinctive, offering a way to diversify portfolios that are mainly comprised of traditional equity and debt assets. By meticulously choosing micro-markets based on an assessment of supply and demand dynamics, investors can significantly boost their chances for capital appreciation. Furthermore, the rental agreements stipulate an increase of 15% in rental rates every three years, which enhances the potential for better returns on grade A commercial real estate. Notably, these assets do not require additional capital expenditures, leading to a seamless ownership experience. Moreover, the absence of hidden costs when owning a pre-leased property ensures transparency and peace of mind for investors. The possession of such tangible assets provides a degree of downside protection that is frequently absent in other forms of investment. This strategic investment not only promises a reliable income stream but also harmonizes with broader financial growth objectives, making it an attractive option for savvy investors. Ultimately, engaging in these types of properties can lead to sustained financial benefits over the long term.

What is SimplifyEm Property Management?

SimplifyEm software caters to the needs of property managers, landlords, and real estate investors. This user-friendly and affordable tool is more straightforward than traditional spreadsheets and other financial programs. It enables users to efficiently track rental income and expenses, keep tabs on tenant balances, and send important notices. SimplifyEm is available in two tiers: Premium and Basic, both of which offer unlimited phone and email support, comprehensive training, and regular updates. Among its many features, SimplifyEm provides services such as rental advertising, online applications, and leasing options. It also offers tenant screening, renter's insurance management, and a system for tracking tenant and lease details. Users can send notices, communicate via text, and maintain a history of their interactions. Additionally, the software supports tracking of income and expenses, facilitates online payments through ACH and credit cards, and allows for maintenance requests and work order tracking. Owners can generate detailed statements, manage vendors, perform bank reconciliations, and access extensive reporting capabilities to make informed decisions. Overall, SimplifyEm streamlines property management tasks, enhancing efficiency and organization for its users.

Media

Media

Integrations Supported

QuickBooks Online
QuickBooks Online Advanced

Integrations Supported

QuickBooks Online
QuickBooks Online Advanced

API Availability

Has API

API Availability

Has API

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Pricing Information

40% off your first 3 years
Free Trial Offered?
Free Version

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Company Facts

Organization Name

hBits

Date Founded

2018

Company Location

India

Company Website

hbits.co

Company Facts

Organization Name

SimplifyEm.com

Date Founded

2007

Company Location

United States

Company Website

www.simplifyem.com

Categories and Features

Categories and Features

Lease Management

Billing & Invoicing
Commercial Leases
Contact Management
Landlord Database
Lease Classification
Portfolio Management
Property Management
Residential Leases
Retail Leases
Sublease Management
Tenant Database

Real Estate Accounting

Accounts Payable
Accounts Receivable
Bank Reconciliation
Commission Management
Contract Management
General Ledger
Mobile Access
Payroll
Property Development Management
Reporting / Analytics
Work Order Management

Real Estate Property Management

Billing & Invoicing
Commercial Properties
Contact Management
Credit Check
Expense Management
Insurance Management
Landlord Database
Late Fee Calculation
Lease Management
Maintenance Management
Owner Portal
Payment Processing
Portfolio Management
Rent Tracking
Residential Properties
Tax Management
Tenant Database
Tenant Portal
Vacancy Tracking
Website Management

Rental Property Management

Credit Check
Expense Management
Online Payments
Owner Portal
Tax Management
Tenant Management
Tenant Portal
Tenant Screening
Vacancy Tracking
Website Management

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