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Updated about 7 years ago on . Most recent reply
Buildium - Core or Pro
Hello, I'm looking at Buildium software to help with managing 25 units (6 plex, single family homes..) They offer two options, Core or Pro. The Pro costs $150/mo and Core would only cost $60/mo. Is the price difference worth it to get the Pro version? I don't mind paying the higher price is the value is there. I manage my own rentals. I would appreciate your experience if you are currently using Buildium.
Most Popular Reply
@Tony Ngo your decision will mostly be based on which ancillary services you will use most. The PRO plan includes many of these services at no additional cost such as free incoming EFT rent payments, 30 e-leases per month, free premium tenant screening setup, free mobile inspections, and the new client onboarding. These services are available on the CORE plan, but you pay per use. You can compare the two plans here: https://www.buildium.com/pricing/
Look at how you run your business and which services you might use. Are you going to be signing over 18 e-leases through Buildium each month? ($5 x 18 = $90...$90 + $60 = $150 the same cost as the PRO plan) Do you want to have your tenants pay rent electronically without paying $0.50 per transaction?
I personally think the CORE plan is most appropriate for the number of units that you manage. You'd need to have A LOT of tenant turnover and transactions to get your money's worth with the PRO plan at 25 doors.
Please up vote my answer if you found it helpful - thanks!