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Updated over 3 years ago on . Most recent reply

TenantCloud accounting doesn’t work
I hope I can save some folks from making the same mistake we did. Tenant Cloud is cheap and has some good features….but accounting is not one of them.
I jumped into tenant cloud with both feet, partially because I read a lot of positive things right here on bigger pockets.
If you have a couple of rentals I think tenant cloud would be great. It does not work for 60 doors, and it took me 9 months to painfully realize.
Tyler
Most Popular Reply

We use TC to manage our 11 units, and have found it to be a great PM solution. Not sure how things look when you get to 50+ units, but for us, the accounting feature works great. We use TC as our book of record and then reconcile against our bank activity. It takes ~15 minutes per month to reconcile, but gives us a solid understanding of where we stand financially. It's far cheaper than utilizing QuickBooks, and easily does the job of providing an all in one accounting software plus many other useful features. It's a great PM value for the price. Hope this honest / independent evaluation helps!