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Updated almost 8 years ago,
Real estate software / sites - help me weed through this?
Calling all smaller-time landlords, let's make it easy for us and the next guy. Anyone want to go through this list with me and pick a top 3?
https://www.biggerpockets.com/rei/online-property-...
Please have a like minded goal, I have only a few properties and under 15 units. Keep in mind, it is highly likely a few of these will be ok, so I'm looking for a top 3.
I'm looking for a solution that does the following:
1) track all payments - partial and full
(I don't need it to take payments, paypal is fine)
Expenses for work done need to be tagged by property and unit when applicable
2) track all interaction
I calculate not just cash flow but how much money I made per hour of work (estimated of course). So it is important for me to track which tenant or property generated more work and what the trends are over time
So I track every interaction & event. I miss some at times.
3) Reports for cash flow / accounting / taxes
Need this for IRS reporting, etc.
4) Relatively cost effective
Under $30/month for sure.
5) Easy & quick to use.
Some apps have needless layers of clicking to track simple data. They don't auto-populate how much a tenant's rent is each month, etc.
I've already gone through the forum and checked feedback on many of the apps and have some analysis. There are some missing as well, like the ones below. I have a whole online doc with analysis I would be willing to share. It is too much to post here.
Online / landlord apps missing from the list:
- Pen.do
- Cozy.co
- Rentshare.com
Cheers,
Nate