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Updated over 3 years ago on . Most recent reply
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AppFolio vs Buildium for a 90 unit and growing portfolio
I'm looking to upgrade to an online property management software and am deciding between Buildium and AppFolio. Our portfolio is located in Minnesota and includes 90 units, combination of single family, small multifamily and a few small (12 unit) apartments. I'm leaning towards AppFolio because it supports more growth. Our goal is 1000 units someday! But Buildium's pricing is more appealing with the current number of units we own.
Does anyone have personal experience with either one of these property management systems? Please let me know the good and bad of each. Thanks!
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@Karen Higgins Plan for it from a different angle. Since you're planning to have 1000 units, are you going to outsource the property management component to a third party? If so, reach out to local property management companies that manage portfolios this size and ask them what they use. If you decide to use such PM company, you will ease their way into your properties. Not the only factor, but a good indicator. If on other hand, you plan to keep the property management in house, then go with the app that supports growth: as you said AF is the one.
Best!