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New Guidelines for rent stabilized leases.

As a result of the guidelines board meeting last night, the new increases for your rent stabilized apartments beginning October 1, 2019 – September 30, 2020 are as follows;

1 year – 1.5%
2 year – 2.5%


Tennet has updated the database to include the new guidelines, so please remember to run your rent stabilized leases ending in September, October and November to get back on the 150 day schedule for leases that are coming due. Also please remember that these increases are also effective for any tenants receiving preferential rent discounts.

TENANT RENT BILL MAILING SERVICE

The staff at TENNET is pleased to announce the introduction of an available new service to provide our users with the option of having the monthly rent bills mailed directly to your tenants! This service will begin April 2015 for those that are interested.

The cost for this feature starts at $1.00/Bill and includes postage on the outgoing rent bill and a return envelope for the tenant to use to remit their payment. This is especially helpful for our users with a greater number of tenants by removing the task of printing, folding, stuffing and mailing the rent bills each month for a very affordable price.

Anyone wishing to begin this service can contact Matt Haas via email at matth@cmsnat.com or by phone at (954) 680-3399, ext. 230.

NEW RENT STABILIZED LEASE RENEWAL FORMS UPDATE

ATTN: ALL TENNET USERS We are pleased to announce the completion of the DHCR required update to the Rent Stabilized Lease Renewal forms that landlords must now provide to their rent stabilized tenants. The change has added a Line #10 to our Renewal Lease Form which states whether or not the apartment is equipped with an operational sprinkler system (Does or Does Not), and if operative the Date it was last maintained and inspected. As is the case with the rest of the data automatically produced, these two new fields are fully editable allowing the user to select the answer to the first part and include the date on the second part of Line #10. The lease can then be printed and sent to your tenant as usual when their renewal is due, and also stored as a PDF file for future reference. Once again, this is the advantage we provide with TENNET…Necessary updates are completed as the need arises at no cost to our valued users.

ANNOUNCING NEW MEMBER AFFILIATION WITH SPONY

The market development team at TENNETSoft, LLC is pleased to announce that we have become the newest Vendor Member of SPONY – Small Property Owners of New York.

Our hope is not only to access the over 1,000 members from a marketing perspective, but to also gain invaluable insight and feedback in future development decisions moving forward, as we already do with our existing loyal users. In addition to the basic content already present with TENNET, we will be developing a complete Profile system at the Tenant, Apartment & Building levels to store retrievable data critical to future repair and maintenance and cost/management decisions. Once completed, we will continue to look at new development features keeping our core philosophy in mind…Basic, Efficient and Easy for a small monthly fee.

Please continue to visit our website at www.tennetsoft.com with more new ideas and valued feedback as we continue to build our property management software solution.

User Requested Maintenance Updates

Please be advised of the completion of the following updates to the TENNET software.

  • The order that the Tenant Rent Bills print will now remain in apartment number order, regardless of when each tenant moves into their apartment. In the past, the new tenants were printing at the end of the print order.
  • Also, the “Last Payment Date” on the Accounts Receivable Report is now indexing on the month, day and year, and no longer on year, month and day.

We apologize for any inconvenience this has caused, and encourage any additional input from our valued database of TENNET users as you continue your use of our software.

Thank you!

Matt Haas
Director of Customer Support

Benefits Of Property Management Software

Benefits Of Property Management Software

TENNET Property Management Software is a way out that can save you tons of money, while keeping all the paperwork and other matters related to your property well organized. So, whenever you have a question mark in your mind about something, you can simply open the app and check what you need in an instant. It is handy and mobile. This suits people on the go. This can be your ultimate partner in organizing and managing properties.

Property management software is portable and flexible. It runs on the Internet and it can be access from laptop, or any other web connected computer. That means you can get to important records from almost anywhere. And, if you need an original paper document, you can get it instantly without much searching or aggravation.

These and several other benefits are associated with the management of the property management software. Everything would be easy to manage after installing this software. There is no need to be tense about keeping up to date in sending reminders or worried about forgetting one of the tenants. There is no need to set up reminders, everything is set up using the software in automation and there is no chance for anything to go wrong.

Managers maintain a number of essential tasks as it relates to these properties. They need property management software in order to work efficiently. Old techniques of running rental properties are very time consuming. They also require a lot of paperwork. TENNET offers managers the opportunity to use software for many of their duties. Here are some of the benefits that our product provide for managers and their staff:

  • Available through any internet enabled device

  • Secured, password protected, 24/7 access

  • Double back up

  • Automatic upgrades and improvements

  • User friendly interface with no learning curve

  • 30 days, free trial period, no credit card required

TENNET Rent Bill Remittance enhancement

The development team at TENNET continues to welcome suggestions about how to make the work of our users easier and more efficient.  As a result of requests from you, our valued client base, we have completed an enhancement to the printed address on the remittance portion of the rent bill to effectively show through a standard size #9 window envelope.

We have designed the rent bill to fit with standard size #9 or #10 2-window envelope (Left side) outgoing to the tenant, and the remittance to fit a standard size #9 1-window envelope (Left side) to receive the rent check back from the tenant.  If you use the #10 to send the rent bills, you now have the option to include the #9 inside with the rent bill for the tenant to use to remit their payment back to you.

The Office Depot regular Item numbers for these envelopes are as follows;

#10 2-Window (Left side) – Item #634-016 (4 1/8 in. x 9 1/2 in.)

# 9 1-Window (Left side) – Item #475-725 (3 7/8 in. x 8 7/8 in.)

Once again we appreciate your suggestions, and please visit our website at www.tennetsoft.com or to the email below with more new ideas and we will do our best to address them in future enhancements.

 

Thank you and have a happy, healthy and successful year in 2014 and beyond.