Investment Property Tracking

[Account Closed]

What rental tracking software does anyone recommend. I have 34 units now. Starting to get burdensome with all the paperwork. At one time I had quicken and was not impressed or I was to dumb to use it. I am looking for for easy to use but can track it all. Not concerned with price.

[Nick Baldo]

Hi @Account Closed, 

Two industry standards are AppFolio and Buidlium. Both are extremely useful for tracking units, tenants and their associated documentation. A Web based solution is great because it allows you to access your data from anywhere. For your 36 units, it looks like AppFolio would be the most cost effective. I would suggest starting a demo of each to see what fits your needs best. 

Personally, I use Podio. Podio is a fully customizable database application that allows you to build your owner workspace and relationships between records. The main reason I use Podio is because of the fact that its completely customizable. I can set it up exactly how I want it. In addition, I can use Podio for other aspects of my business. I use it to track my rehab business and connect that information with my rental business. 

For the average Property Management business, the first two suggestions are most likely your best bet. Anyone have specific personal experience from AppFolio and/or Buildium?