Lendlord has joined forces with Property Tribes to provide landlords with a portfolio management product.
Property Tribes, which is one of the largest communities of property investors in the UK, is making the Lendlord platform available to landlords as part of the forum’s enhanced functionality.
The Lendlord platform helps landlords to manage, track and optimise their portfolio, with dashboards that monitor key metrics/KPIs, and tools to identify performance insights, capital raising options, and other smart financial intelligence. Lendlord also has the facility to manage tenants, track expenses, calculate Capital Gains Tax and more.
Since its launch a few months ago, Lendlord says it has helped hundreds of portfolio landlords to track the performance of their portfolios and has received “very positive” feedback and levels of engagement from early adopters.
Aviram Shahar, CEO at Lendlord, said: “We are very excited to have the opportunity to work together with Property Tribes, which has massive experience in the property world together with a large investor community.
“By making the Lendlord platform available to so many landlords, we will be able to further develop and enhance our technology proposition to deliver a unique portfolio management product that can really make a difference.”
Nick Tadd, director at Property Tribes, said: “I am delighted to be introducing Lendlord to the property community, both as a forum owner and also as a minor shareholder. With the 11 years’ knowledge I have of watching landlord pain and gain on Property Tribes, it’s become clear to me that if landlords adopt a digital approach and mindset, a significant amount of their issues, including financial ones, could be overcome, while creating time efficiencies and improving their portfolio’s bottom line.
“We came across Lendlord in late 2019 and immediately saw its potential to fit that much-needed role. Over the years, we’ve seen many of these types of apps, but Lendlord has the best user experience, by far. Quite simply, Lendlord will take the pain and hassle out of running your property business.
“Just as a Fitbit is used to track, optimise and manage health, Lendlord will do the same for property finances and portfolios – so ultimately it is managing landlords’ wealth.”
