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General Landlording & Rental Properties

User Stats

396
Posts
144
Votes
Jason Mak
  • Rental Property Investor
  • San Marino, CA
144
Votes |
396
Posts

Yardi vs. Buildium

Jason Mak
  • Rental Property Investor
  • San Marino, CA
Posted Sep 16 2012, 12:34

Was hoping I could get advice from experienced folks out there.

Currently managing 3 buildings, 350 units total. So quite a lot of activity in terms of rental collection and expenses payment on a monthly basis. I have a full time bookkeeper who uses quickbooks. Our quickbooks systems is fine, it enables me to get all the information I want including monthly reports, etc etc. My bookkeeper has been with me for a long time and has no problem continuing to use quickbooks. We own all our own properties so there is no need to generate fancy reports for clients; just need simple and honest reports.

Was hoping to see if any property managers who have been using Yardi or Buildium could recommend that I switch over to either of those softwares, particularly Yardi.

My reservation for Buildium is that it is a web-based system that I'm not too hot on. A desktop application (such as quickbooks) is needed for quick data entry and flexibility in case we make any mistakes.

My reservation with Yardi is if the costs are worth it and will the software be much more than we need. What sorts of additional value can I get from Yardi if I'm currently running my business just fine on quickbooks?

Finally has anyone used both of these softwares together?

many thanks

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