Buildium

[Elizabeth Colegrove]

Any one use Buildium before? Any issues, thoughts?

I am currently using the free trial. The tech support was great and they walked me through everything. I have used Quickbooks and Yardi before. This program seems to do everything that Yardi does only at a small business costs.

[David Gonzalez]

I use Buildium and I like it a lot! The company is really investing in developing their software so it will only get better with time. 

In the Residential Property Management Industry there are 3 big players in the field: AppFolio, Buildium, Propertyware. The following is an extremely brief breakdown of the 3 players.

AppFolio is the industry leader and have a very robust system. Unfortunately they are expensive Cost: $200/month plus set up fee for up to 200 units max. Additional units cost more. Will need to check company for more details. Company aims to be Industry Leading Property Management software for Mid to Large Property Management Companies/Portfolios.

Propertyware is a very robust system and way cheaper. Cost ~$125/month for ~80 units plus a $400 "Migration Fee". A friend of mine who runs a large property management company likes them a lot and would have chosen them over AppFolio if he was starting his company today. They are not the industry leader but they "borrow" the ideas AppFolio creates and implement them in their own system. 

Buildium is affordable and has great support! Cost: $60/month for up to 60 units. Prices average $1/unit/month for every unit above 60. They are improving the software every day and the software is easy to use and requires minimal customization. 

Recommendation: 

For people with a smaller portfolio and/or budget: Buildium.

For people looking to grow into a large Property Management Business: Propertyware or AppFolio (if $200/month is okay)

For people who have lots of units: AppFolio.