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Updated about 2 years ago on . Most recent reply

User Stats

8
Posts
2
Votes
Stephanie Gothart
  • Huntsville, AL
2
Votes |
8
Posts

What management software are you using?

Stephanie Gothart
  • Huntsville, AL
Posted

Currently using Buildium and Quickbooks. I have a lot of double entry and I don't use all of the features of Buildium. Is there other software out there that you feel is better or easier to use? 

  • Stephanie Gothart
  • Most Popular Reply

    User Stats

    230
    Posts
    203
    Votes
    Miller McSwain
    • Investor
    • Colorado Springs, CO
    203
    Votes |
    230
    Posts
    Miller McSwain
    • Investor
    • Colorado Springs, CO
    Replied

    There are lots of property management softwares. I'm a single-family investor, and I recently looked through the most popular softwares and selected one. The products I investigated were:
    1. Tenant Cloud
    2. Apartments.com
    3. Innago
    4. Avail
    5. RentRedi

    I was looking for a software that met the following criteria:
    1. Online payments from tenants
    2. Automatic late fees
    3. Maintenance request portal
    4. Free for the landlord
    5. Online applications
    6. Tenant screening (background checks, etc)
    7. Lease signing
    8. Ability to post vacancies in the software

    I found that Innago was the only one to meet all these requirements. It does charge a $2 fee for each rent payment, but that is charged to the tenant by default. I haven't had any complaints from tenants about this charge.

    The other softwares were pretty good, but here are the deal breakers for each.
    Tenant Cloud: Tenants cannot setup autopay unless we have the paid version
    Apartments.com: You cannot upload your own lease, you can only make modifications to their lease
    Avail: You cannot upload your own lease, you can only make modifications to their lease
    RentRedi: No free version AT THE TIME

    ***I investigated these softwares 8-12 months ago, so some things could have changed. For example, RentRedi is free now if you are a BP Pro member that could potentially make it a contender with Innago for my use.

    Also, I think Innago just added bookkeeping features, but we use Stessa (free) which specializes in rental property bookkeeping. It is simple and has worked well for us 👍

  • Miller McSwain
  • Loading replies...