Rental Management Software
Collect rent from tenants, keep every rupee or dollar owed to the owner separate from your own books, and settle owners with one click — without a separate system bolted onto your maintenance billing.
Managing units on behalf of an owner is a different job from managing owner-occupied maintenance dues, but most software treats it as an afterthought — a free-text note on a spreadsheet, or a "tenant" field bolted onto a unit record with nowhere for the money to actually go. Whose money is it while it sits uncollected? What happens when the rent goes up? Does a late tenant's penalty get mixed in with maintenance income the auditor is going to ask about?
Nizam's Rentals feature answers all three by construction, not by convention. Rent bills flow through the exact same billing engine as maintenance — the same payment collection, receipts, and outstanding-dues tracking — but the money itself lands in a dedicated owner-payable wallet, kept deliberately separate from a resident's own advance-deposit wallet. It stays out of your income statement by default, and only counts as your own income if you explicitly mark a lease that way. Rent changes are preserved as dated revisions, so a rent increase never rewrites a bill that already went out. And when it's time to pay the owner, it's one settlement, in cash or bank transfer, with a screenshot attached and a full history behind it.
Everything a Rented Unit Needs
Built for property managers collecting rent on behalf of owners — not a maintenance field stretched to fit.
Select a unit for a new lease and its current owner and tenant are pulled straight from your residents directory — read-only, no duplicate data entry.
Rent bills are ordinary bills — the same collection flow, digital receipts, and outstanding-dues tracking as maintenance, with nothing separate for staff to learn.
Every rent change is saved as its own dated revision. Bills already generated keep their original amount; only future bills pick up the change.
Set a due day and a fixed or percentage late-payment penalty per lease, with an option to repeat it every cycle the rent stays overdue.
Rent collected accrues to a dedicated owner-payable wallet, scoped to that unit — never conflated with a resident's own advance-deposit wallet.
Pay out an owner's accumulated balance — partial or full, cash or bank transfer, with an optional screenshot attached — and keep a full settlement history per unit.
Choose per lease whether rent — and any deposit — is payable to an external owner, or counts as your own income when you own or sublet the unit yourself.
Record the deposit amount, collection date, and how it was collected alongside the lease, with the same owner-payable or management-income treatment as rent.
Rental Management Software — Common Questions
Only if you mark that lease as management income. By default, rent collected on behalf of an external owner accrues to that unit's owner-payable wallet and is excluded from your income reports entirely. Check one box per lease if the management company owns or sublets that unit itself, and its rent (and any security deposit) is booked as your own income instead.
It sits in a dedicated owner-payable wallet, scoped to that unit — separate from any resident's own advance-deposit wallet, so tenant credit and owner payables are never mixed together. You can settle it to the owner in cash or bank transfer whenever you're ready, partially or in full, with a full settlement history kept per unit.
Yes. Every rent change is saved as a new, dated revision rather than overwriting the old one — bills that already went out keep the amount they were generated with, and only future bills pick up the new rent. You get a full history of every revision on the lease.
Rental management software tracks a lease between a tenant and a unit, bills the tenant for rent on a recurring schedule, and keeps what's owed to the unit's owner separate from the management company's own income — so a property manager can collect rent and pay out owners without spreadsheets.
Yes — rent bills are ordinary bills that flow through the exact same collection flow as maintenance: cash, bank transfer, or a resident's own wallet balance, with the same digital receipts and the same appearance in outstanding dues. There's no separate system for staff to learn.
Yes. Bulk-import leases from a CSV file — download a sample template, fill in unit codes, lease dates, rent, and penalty terms, and every row is validated (with clear error messages) before anything is created.
By default, no — a security deposit is tracked alongside the lease (amount, collection date, and how it was collected) but excluded from income reports, same as the rent it travels with. If that lease is marked as management income, the deposit is included in income too, consistently with the rent.
Yes. A rent bill is an ordinary bill for that unit, so it appears in the tenant's own "My Bills" alongside any maintenance charges, with the same pay-now flow, receipts, and status tracking.