Property Management Software With Job Costing For Construction

[Ariel Cohen]

I am researching PM software for a 5 unit resi deal that I am working on. We will self manage the property, renovate the units as the turn over and then self manage long term. Hoping to do a few of these and want to make sure that we have systems in place from deal # 1.

I work for a large property management company and have a lot of experience with Yardi and MRI. Those two products have a very strong accounting and financial reporting component, which it seems like most of the products that cater to the smaller PM's/Owners don't excel at.

The few PM solutions that I have been looking at are Rentec, TrueRent & Buildium. I like some of the other solutions but the pricing is too much to make it worth it at this stage.

I would also like job costing ability to track improvement projects, but I haven't seen anyone mention something like that in my research here on BP.

Can anyone who has been using any of these solutions (or any others that I should look at) chime in on the accounting/financial reporting side as well as the ability to job cost and track an improvement project?