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Updated over 4 years ago, 08/24/2020

User Stats

31
Posts
6
Votes
Jeff Norton
Pro Member
  • Howell, NJ
6
Votes |
31
Posts

Property Management Software

Jeff Norton
Pro Member
  • Howell, NJ
Posted

Hello BP community,

My family owns an 8 apartment  multifamily building in Greenwich Village NYC with a storefront on the first floor.  We were in the process of selling the building until the pandemic, protests and economy changed the situation.  Two of our family members have been managing  the building but are requesting help from others.  I am looking for any recommendations on property management software such as Cozy, Buildium etc.  We are not adverse to a property management company either but are looking to save on the costs.   Any suggestions would be greatly appreciated!!

Thank You!!

  • Jeff Norton
  • User Stats

    37
    Posts
    79
    Votes
    Diego Hodge
    • Rental Property Investor
    • Cleveland, OH
    79
    Votes |
    37
    Posts
    Diego Hodge
    • Rental Property Investor
    • Cleveland, OH
    Replied

    @Jeff Norton take a look at TenantCloud.

    User Stats

    2,225
    Posts
    831
    Votes
    Bill Hampton
    Tax & Financial Services
    Pro Member
    • Tax Strategist, Financial Planner and Real Estate Investor
    • Atlanta, GA
    831
    Votes |
    2,225
    Posts
    Bill Hampton
    Tax & Financial Services
    Pro Member
    • Tax Strategist, Financial Planner and Real Estate Investor
    • Atlanta, GA
    Replied

    Check out Cozy and SimplifyEM.

    Good luck. 

    • Bill Hampton
    • 404-482-3170
    business profile image
    Hampton Tax and Financial Services, LLC
    5.0 stars
    8 Reviews
    CV3 Financial logo
    CV3 Financial
    |
    Sponsored
    Fix & Flip | DSCR | Construction Loans Up to 90% LTV - Up to 80% Cash Out - No Income Verification - No Seasoning Requirements

    User Stats

    31
    Posts
    6
    Votes
    Jeff Norton
    Pro Member
    • Howell, NJ
    6
    Votes |
    31
    Posts
    Jeff Norton
    Pro Member
    • Howell, NJ
    Replied

    Thank you Diego and Bill.  Much appreciated!!

  • Jeff Norton
  • User Stats

    236
    Posts
    140
    Votes
    Alex Forest
    • Rental Property Investor
    • Henrico, Va
    140
    Votes |
    236
    Posts
    Alex Forest
    • Rental Property Investor
    • Henrico, Va
    Replied

    @Jeff Norton check out this thread on easy rental payment software suggestions.  It covers property management software and there are some good recommendations in there.  Some companies are more focused on property management than others, and some seem more interested in advertising and marketing.

    https://www.biggerpockets.com/...

    User Stats

    1,266
    Posts
    692
    Votes
    Alyssa Dyer
    • Rental Property Investor
    • Oklahoma City, OK
    692
    Votes |
    1,266
    Posts
    Alyssa Dyer
    • Rental Property Investor
    • Oklahoma City, OK
    Replied

    Cozy is stellar for a short term solution. Maintenance, communication, and payment is easy. If you want to scale or do anything long term there are better solutions for sure. 

    User Stats

    31
    Posts
    6
    Votes
    Jeff Norton
    Pro Member
    • Howell, NJ
    6
    Votes |
    31
    Posts
    Jeff Norton
    Pro Member
    • Howell, NJ
    Replied

    Thank you Alex and Alyssa!!  I will research these further.  

  • Jeff Norton
  • User Stats

    20
    Posts
    8
    Votes
    Justin McFarland
    • Destin, FL
    8
    Votes |
    20
    Posts
    Justin McFarland
    • Destin, FL
    Replied

    @Diego Hodge I used this platform a few years ago. I felt it was in its beta phase and missing a few important things. On the plus side they are very responsive to your requests and suggestions and improving it all the time.

    User Stats

    20
    Posts
    8
    Votes
    Justin McFarland
    • Destin, FL
    8
    Votes |
    20
    Posts
    Justin McFarland
    • Destin, FL
    Replied

    @Bill Hampton this worked great for me for receiving payment. I like Stessa for book keeping and tracking all of the other information.

    User Stats

    293
    Posts
    439
    Votes
    Todd Pultz
    • Rental Property Investor
    • Dayton, OH
    439
    Votes |
    293
    Posts
    Todd Pultz
    • Rental Property Investor
    • Dayton, OH
    Replied

    @Jeff Norton I use Buildium for hundreds of doors and absolutely love it. You can do a free 15 day trial and they set you up a mock site. It handles everything to collection, financials, maintenance, screening, applications and communications. Try it out. And do free trials through appfolio and hemlane. See which one you like best

    User Stats

    31
    Posts
    6
    Votes
    Jeff Norton
    Pro Member
    • Howell, NJ
    6
    Votes |
    31
    Posts
    Jeff Norton
    Pro Member
    • Howell, NJ
    Replied

    Thank you all for your feedback!

  • Jeff Norton
  • User Stats

    149
    Posts
    50
    Votes
    Tim Debronsky
    • Full-Time Investor & Agent
    • Amherst, OH
    50
    Votes |
    149
    Posts
    Tim Debronsky
    • Full-Time Investor & Agent
    • Amherst, OH
    Replied

    @Jeff Norton We are using Cozy. Free and easy to use for both you and tenants.