Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 54%
$32.50 /mo
$390 billed annualy
MONTHLY
$69 /mo
billed monthly
7 day free trial. Cancel anytime
×
Take Your Forum Experience
to the Next Level
Create a free account and join over 3 million investors sharing
their journeys and helping each other succeed.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
Already a member?  Login here
General Landlording & Rental Properties
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated about 3 years ago on . Most recent reply

User Stats

134
Posts
100
Votes
Will Kenner
  • Rental Property Investor
  • Seattle
100
Votes |
134
Posts

Property management gap

Will Kenner
  • Rental Property Investor
  • Seattle
Posted

I know this topic has been discussed frequently in the forums, however I'm still finding a lack of solutions for a small/intermediate mixed portfolio. There seems to be a gap between the free solutions for handling a couple residential units (Apartments.com, Avail, Stessa) and paid solutions (Buildium, Appfolio) that are structured for large portfolios, and not much in between. 

With a portfolio of 4 properties and 13 tenants (mix of commercial and residential), I'm using a combination of Avail and Stessa. This is starting to show weaknesses in their capabilities and proving to be a hassle with the growing complexity of managing this property mix; Avail being configured for residential and weak at handling rent escalations and charge-backs, and Stessa having unreliable bank connections. I'm hoping to find a solution that can be a standalone accounting and tracking option that does not require Quickbooks like Stessa, provides online rent collection, maintenance requests, and e-signing for leases like Avail, and can handle expense segregation for NNN leases and nested entities like Buildium or Appfolio.

The closest solution I have found is Stratafolio. It appears to handle the needs of that intermediate portfolio situation where it's too complicated for the free solutions but Buildium and Appfolio are over-kill. Stratafolio seems to be able to handle residential as well as NNN commercial leases, has a tenant portal for online payments and maintenance, and can be configured for nested entities under parent companies. It isn't clear however if it also offers e-signing for leases. I have a consultation scheduled with them this week so I'll be able to find this out, but was curious to hear from other investors with mixed portfolios if there are any other solutions they are using.

Most Popular Reply

User Stats

8
Posts
10
Votes
Replied

I'm currently using Innago for the two properties I own. It's pretty simple and the customer service is pretty good too. Definitely recommend it.

Loading replies...