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Updated about 4 years ago,
Property Management Software for Owners
Hi there, I'm somewhat new to rental property management, started with 1 house a couple years back and it's gone well so I've purchased 3 more in the last year. I do expect to purchase more in the future, but not sure I'll get into commercial or grow too rapidly. In going from 1 to 4 units I've found the work with tracking them increased considerably and I'm looking for some software to help. I did search the forums and google, but most posts and software I've found seems to be geared towards a property manager than the owner. I have property managers for my properties so I don't do the direct leasing, screening, marketing, etc, which seems to be what a lot of these apps (cozy, Rentec, rentigo, innago, buildium, avail) focus on, or are meant for larger portfolios (AppFolio). What I'm looking for would manage the financials (cash flow, NOI, income / expenses, appreciation, etc), leases and tenants info, property info, contacts (property manager, HOA, handyman, agent, broker, etc), and documents (lease, legal, closing).
I found an app call Stessa that I've been playing with which looks promising and is free, but it's missing the management of contacts and I'm suspect about how it connects to external resources like banks. Has anyone had any experience with this app? Or can suggest any others that haven't been mentioned above?