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Updated almost 8 years ago on . Most recent reply
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Management Software Suggestions, Cozy,AppFolio,RenTec, Buildium
What management software are my fellow investors using out there. Any suggestions on what people are using for u10 units and under and why.
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I have been looking at various options as well with Appfolio being one of them. I am concerned about the complaints I hear about their accounting side. Currently we use Quickbooks for accounting and basic tenant record keeping - very limited in this regard but works for us. We use Bill.com to pay bills and it integrates directly with QB - a great way to keep QB up to date with little effort. Cozy.co for online rent collections; I am trying to push all of our tenants to online rent payments but still get most of our rent in check or money orders. I use Transunion Smartmove for tenant screening; excellent service and very happy with it. We use Zillow and Craigslist to advertise vacancies. I use Docusign for any lease (or other document) signings and finally we store (and scan ifi needed) all docs in Google Drive.
We have 70 units currently (MF) and just had an offer on 52 units accepted so I am thinking this hodgepodge system will be stretched to handle. Recently I was asked for a historical rent roll and we can't produce it - I can reconstruct by hand but very painful.