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Updated over 8 years ago on . Most recent reply

User Stats

345
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281
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Tom V.
  • San Francisco, CA
281
Votes |
345
Posts

Buildium triples fees. What other property mgmt software to use?

Tom V.
  • San Francisco, CA
Posted

I have used the Buildium web application to manage my rental properties (25 units) for about 3 years.  I recently received an e-mail that they are hugely increasing their minimum monthly rates. 

I has paid $162/year in 2013 and now the monthly minimum is $40/month or $480 a year, a 300% increase.  

Obviously it is up to Buildium how they price their service, but they seem to be moving away from smaller landlords and towards property management companies.  

Does anyone have a good alternative property management software service to use?  I have looked at appfolio in the past, but it is even more geared towards large property managers ($200/month minimum). 

Thanks in advance. 

Most Popular Reply

User Stats

6
Posts
2
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Patrick Kavanagh
  • Real Estate Investor
  • Saint Louis, MO
2
Votes |
6
Posts
Patrick Kavanagh
  • Real Estate Investor
  • Saint Louis, MO
Replied

I use www.acturent.com.  Biggest bang for your buck.  For about $5/month, you can gather rental apps online, and conduct background checks online.  It's not all that intuitive, but it works.  That combined with SparkRent or QuickBooks payments can make you totally paperless (use Docusign app for lease signatures or some other app).  

I even have passcode locks on my units.  I have successfully rented to great tenants without ever actually meeting them. No kidding.

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