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  1. APPS
  2. Real Estate
  3. Property and Asset Management in Odoo: Rent, Contracts, Maintenance & Reports v 19.0
  4. Sales Conditions FAQ

Property and Asset Management in Odoo: Rent, Contracts, Maintenance & Reports

by Reliution https://www.reliution.com
Odoo

$ 151.04

v 19.0 Third Party
Live Preview
Apps purchases are linked to your Odoo account, please sign in or sign up first.
Availability
Odoo Online
Odoo.sh
On Premise
Odoo Apps Dependencies • Discuss (mail)
• Invoicing (account)
• Sales (sale_management)
Lines of code 1791
Technical Name rcs_property_rental_system
LicenseAGPL-3
Websitehttps://www.reliution.com
Versions 18.0 19.0
You bought this module and need support? Click here!
Availability
Odoo Online
Odoo.sh
On Premise
Odoo Apps Dependencies • Discuss (mail)
• Invoicing (account)
• Sales (sale_management)
Lines of code 1791
Technical Name rcs_property_rental_system
LicenseAGPL-3
Websitehttps://www.reliution.com
Versions 18.0 19.0

Property and Asset Management in Odoo: Rent, Contracts, Maintenance & Reports

Transform your real estate operations with the Property and Asset Management in Odoo module. This comprehensive solution provides a centralized platform to manage the entire lifecycle of rental properties and physical assets. Designed for scalability, it allows organizations to oversee properties, units, flats, and offices alongside high-value physical assets, ensuring full visibility and operational control from a single dashboard.

By seamlessly integrating rental contracts with Odoo's core invoicing and accounting engines, the system automates rent collection, ensures contract compliance, and provides real-time financial tracking. Say goodbye to fragmented data and manual spreadsheets; this module bridges the gap between property operations and financial management, making it the best property management software for users seeking a unified Odoo experience.

Beyond simple leasing, the module streamlines complex maintenance operations. From scheduling preventive upkeep to managing repair requests and tracking maintenance costs, the system ensures your assets remain in peak condition. With automated reminders for contract status and renewals, you can focus on growth while the software handles the day-to-day administrative burden, significantly boosting tenant satisfaction and overall profitability.

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configuration_icon Features
configuration_icon Setup
configuration_icon Workflow

Hot Features


Centralized Property Hub:

Manage all property data, including units, apartments, and commercial offices, in one structured view.

Automated Rent Invoicing:

Generate invoices automatically based on rent amount and rent duration defined in the contract.

Real-Time Maintenance Tracking:

Categorize maintenance types, assign technicians, and monitor maintenance costs to protect your investment.

Comprehensive Contract Management:

Track contract type, contract status, and essential documents with automated renewal alerts.

Dynamic Dashboards:

Gain instant insights into available units, sold units, and occupancy trends.

Financial Reporting:

Access detailed property reports and occupancy reports to evaluate the ROI of your portfolio.

Detailed Features

Advanced Property & Unit Hierarchy Organize your portfolio with ease. Whether you are managing residential flats or large-scale industrial assets, the module allows you to record detailed property data. You can track specific details for each unit, ensuring that available units are always visible to your sales or leasing team.
Seamless Lease & Contract Lifecycle Manage the end-to-end lease management software experience. Define the rent amount, payment frequency, and rent duration. The system monitors the contract status, ensuring you are notified well before a lease expires, which minimizes vacancy periods and simplifies tenant management.
Integrated Rent Collection & Accounting As a robust rent collection software, it eliminates manual entry. Once a contract is active, the system can invoice generate automatically. This integration ensures that your Odoo accounting stays up-to-date with every payment received, providing a clear trail for payment tracking.
Proactive Maintenance & Facility Management Keep your properties in top shape with dedicated maintenance tools. Assign tasks to specific team members, track the maintenance cost against the property's income, and maintain a history of repairs. This proactive approach reduces long-term depreciation and keeps tenants happy.

Set Up

Install the Property and Asset Management in Odoo app from the Odoo App Store

Navigate to: Settings >> Users & Companies >> Users
Open the specific user record, locate the Property Rental field, and tick the checkbox to enable Property Rental Management.
Now your app is ready to use.

Work Flow

Go to the Property Rental app, open the Properties menu, and you can create property records there.

In the Properties menu, there is another submenu called Units.
Go to that menu to create units for the properties.

Go to the Contracts menu to sell the created property units or rent them for different durations such as hourly, daily, monthly, or yearly.
You can also manage and attach the required customer documents within the contract whenever needed.
You can also maintain and manage invoice records from here.

In the Maintenance menu, you can record any minor or major maintenance for property units. All maintenance records are properly maintained and linked with the related invoices.

In the Reports menu, you can manage different types of reports such as:

Occupancy & Rent Report
Expiring Contract Report
Maintenance Report per Unit

In the Configuration menu, the first submenu is Unit Types. Here, you can create different types of units such as Flat, Home, Office, Vehicle, etc.

In the Configuration menu, there are two more submenus: Contract Documents and Document Types.

In the Contract Documents menu, you can view and manage documents related to any specific contract.
In the Document Types menu, you can create different types of documents such as NOC and other required document categories.

Industry-Specific Use Cases

Real Estate Firms:
Manage large portfolios of apartments for rent with high-volume tenant screening reports and automated billing.
Commercial Landlords:
Perfect for managing office buildings and retail spaces where lease tracking software and complex contract management are vital.
Facility Management Companies:
Use the robust maintenance and technician assignment features to manage third-party service contracts.
Asset Rental Businesses:
Ideal for companies that rent out high-value equipment or machinery (asset rental) and need to track depreciation and maintenance costs.

Frequently Asked Questions (FAQs)

Can I manage both residential and commercial properties?

Yes. The module is flexible enough to handle various property data types, from residential flats to commercial offices and industrial units.

Does the system notify me when a contract is about to expire?

Absolutely. The contract management software tracks the contract status and provides automated alerts to ensure you never miss a renewal date.

Can I track the expenses for a specific property?

Yes. Every maintenance cost and operational expense can be linked to a specific property, allowing you to see the true profitability in your reports

Is it compatible with custom Odoo themes?

The module is built to integrate with the standard Odoo structure and is compatible with most themes that follow Odoo's development guidelines.

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