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Updated about 4 years ago on . Most recent reply

User Stats

26
Posts
11
Votes
Nathan R. Cowger
  • Investor
  • Monument, CO
11
Votes |
26
Posts

Do any of the rental management suites sync with Bank account

Nathan R. Cowger
  • Investor
  • Monument, CO
Posted

Looking at Cozy, Buildium, Tenant Cloud, do any sync with bank accounts for expense tracking (trying to not do Quickbooks) I'm just setting up a simple 4-plex and I see that all of these do some level of accounting.  Any experience out there?

Most Popular Reply

User Stats

527
Posts
510
Votes
David Lee Hall, III
  • Rental Property Investor
  • Pittsburgh, PA
510
Votes |
527
Posts
David Lee Hall, III
  • Rental Property Investor
  • Pittsburgh, PA
Replied

@Nathan R. Cowger - I am just doing this as well for my sub-10 unit portfolio. I am leaning towards Rentec myself, but here are my high level thoughts with my goal being a single-platform Management and Accounting platform. I am demoing TenantCloud and Rentec right now. I currently use Tellus and Quicken Rental Property Manager. 

Tellus: My current solution that lacks web so I have to do everything on a mobile app. It Is okay but I really just started to use it as it two years ago as it was free on all fronts (not anymore for screening) when I started. 
Quicken Rental Property Manager: No management, Desktop Client only, extremely robust for business just short of QB
Avail: A nice looking product but it had a few missing pieces. 
RentHero: A simple and low cost replacement for QBO built specifically for rentals
SimplifyEm:  Looks good but has a bunch of fees when under 50 units that rule it out
AppFolio: Is good but needs 25+ units to be worthwhile
Propertyware: Looks promising but has implementation costs and wouldn't be viable short of 25 units
Buildium: Personal experience here that I am not a fan but will do all that is needed. 
RentManager: enterprise class only
Skyline: enterprise class only
RealPage: enterprise class only
RentLinx: this is listing only software
Unit Trac: for Self Storage only
Stessa: A slightly more robust RentHero and free, could be viable but is a component to a solution with no management
TurboTenant: Free but only partial solution, similar to Tellus in this regard
TenantCloud: A very nice solution with most features, great application customization, missing Bank Sync
Rentec: A pricier version of TenantCloud but includes Bank Sync as a full QBO replacement

    • David Lee Hall, III
    • Loading replies...