A property management software is an online solution used by real estate investors or managers to track and manage their rental properties. The software helps streamline processes such as rent collection, tenant communication, maintenance requests and other administrative tasks.
Many property management software systems are cloud-based, which allows property owners to access and edit information from anywhere with an internet connection. They also offer mobile apps that allow tenants to pay rent or submit maintenance requests on their smartphones or tablets.
1. Yardi Breeze
Yardi Breeze is a cloud-based property management software that helps you manage your properties and tenants. It also provides a host of features that help you streamline your business processes.
The software is designed to be purpose-built, which means that it can handle any size of portfolio. It includes tools for accounting, leasing, marketing, and maintenance.
Another great feature of Yardi Breeze is its ability to collect rent payments online. This allows you to automate the process of collecting payments from tenants and avoid any hassles in the future.
The software offers free training and customer support to assist you in setting up the system. It also has a simple UI that makes it easy to use and understand.
2. Buildium
Buildium is an online property management software that streamlines day-to-day tasks and integrates leasing and accounting functions. It also offers tenant screening and electronic leases, which can be electronically signed by prospective tenants.
Tenant screening is an important aspect of rental management, which can help landlords safeguard their properties and their income. The Buildium screener can access criminal, credit and eviction records in just a click.
It also has shortcuts to accelerate accounting processes, including recording transactions, converting work orders into bills, paying in bulk and automating bank reconciliations. This feature is especially useful for smaller businesses, where accounting can be time-consuming and expensive.
3. Appfolio
Appfolio is an online property management software that serves residential, commercial and community associations. It provides smart automation and streamlined processes that help these associations grow their business and deliver a great residential experience to tenants.
The platform includes tools for mobile property management communication, accounting and reporting and streamlined maintenance and utility management. It also focuses on scaling your portfolio with marketing and leasing capabilities.
This software is a popular choice for real estate investors with large rental portfolios. It has a number of features such as automated payments and online leases. Its user interface is simple to use and it comes with 24/7 customer support.
4. Avail
Avail is an online property management system that helps landlords advertise vacant units, request rental applications and credit reports, sign lease contracts, and collect rent. The platform offers a free subscription plan for small landlords with less than 10 properties, while paid subscribers can use advanced features like next-day rent payments and waived ACH fees.
Avail’s property management accounting software lets you keep track of your rent income, operating expenses, and maintenance costs. It also allows you to upload receipts or invoices and create a tax spreadsheet.
5. Propertyware
Propertyware is a web-based software solution that provides property managers with all the tools and features they need to effectively manage their rental properties. It helps them cut down their operational costs and drive more profits from their properties.
Designed by property managers for property managers, Propertyware is easy to use and can be deployed instantly. The cloud-based software can be used from any Internet-ready device such as a mobile phone, tablet or desktop with a stable internet connection.
Maintenance Management: One of the most useful Propertyware features is its complete maintenance management system. It automates the entire process from work orders to vendor management, dispatching and tracking.
It also makes it very easy to keep track of tenant payments and maintenance requests. This also allows the owner to set up automatic maintenance, which will save them a lot of time and money in the long run.