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Updated over 2 years ago,
Property Management Company Software Recommendation
I am looking to launch a property management company and am looking for a software recommendation. I see that Buildium is one option. It seems pricey ($160 per month for 50 units and goes up from there) but it could be okay if it really checks all the boxes. I'm wondering what other property managers use, any headaches you face with it , and if you have experience with multiple software, which one do you prefer? Also see another one called Yardi. From the outside, both seem very similar.
For additional context, between a few friends, we have ~30-50 long-term rental units that would make up the initial clients. After that, we'd hope to grow as our friends continue to buy new units and more importantly by finding additional investors who'd like their units managed. From a software perspective, I'd like to use software that would support our growth through ~500 units and beyond if possible.