Property Management Software..what one to go with??

[Trevor Howell]

Hi there,

I'm new to Bigger Pockets. I'm a Realtor in the NW Louisiana market place and just getting started in investing. Earlier this year, I just purchased my first rental (a duplex) and been running it off a spreadsheet but I'd rather use a dedicated software program to manage it and the others I plan to acquire.

I know there's a list of online programs to use and several downloadable programs out there but they all look appealing. I'm looking for something that's simple, has an easy to use interface but still has a lot of capabilities to grow and expand into.

Without spending a fortune either one-time or on a monthly basis what management software/program would any of y'all recommend and why?

[Joe Trometer]

@Trevor Howell, welcome to BP.

I would agree with @Gita Faust.  I use QuickBooks online $15 per month (and it's tax deductible).

What I like about Quickbooks is with the online account, we get live support, that's a biggie. Also, I can print monthly rent invoices and even better, email that invoice to my renters as well.

Additionally, when it comes to tax time, or anytime, you can have your CPA access your Quickbooks account to do your accounting for you.  Plus, QuickBooks on-line is always up to date.

About 10 years ago I bought a real estate guru program on accounting for my rentals... it was Quickbooks with a few features added in for rentals. Now that software and my computer is outdated.  

Quickbooks on-line wasn't available back then.  Quickbooks on-line support can help you set up your rental by "Class" to organize income and expenses to be easily printed on a single report.  

Then, with your next investment property, ad a new "Class" for that property.  All properties are separated by classes.  Support can help you with that.

Anyway, that's what I've been using.

Hope that helps some :-)

- Joe