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Updated almost 4 years ago,
Commercial Property Management Systems
I am buying my first office building (12 Units) and I wanted to see if I can get a little insight into management systems used by other investors. I would really like to have a good system or systems in place to do the fallowing few tasks to start. Also I would like to do them at a lower realistic possible annual cost but have the option to grow easily. I am considering using a residential system even know I don't plan to buy residential properties or just use a payment system and do all the other tasks on excel in-house. I do not want to just pay $200 a month to start with something like Yardi Breeze.
1. Rent payments
2. Income and Expenses
3. Manage vacant units
4. Organize Contacts