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Updated almost 6 years ago on . Most recent reply
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Appfolio vs Buildium vs Yardi
Hi All,
I'm a long time Buildium user. Several hundred units.
The software is good overall but the accounting is week for institutions. There have been issues with auto reconciliation that take Buildium months to resolve. It's not a feature everyone uses but it's a real time saver. You should check that out if you haven't.
The bigger issue that I'm tackling now relates to trial balances. Buildium displays trial balances incorrectly and the bigger issue is that they seem resistant to repair their software code to remedy the problem.
So... I'm looking into other management software. I'll start a separate thread because although plenty of people are using Rentecdirect.com or Cozy, I need something more robust.
Is there anyone in the community that has experience using both Appfolio and Buildium and Yardi? Or other strong management software line Real page or MDS? I'd love some comparative opinions.
Most Popular Reply
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Our clients use the property management software for that purpose only and not for accounting especially for Landlords and they use QuickBooks for accounting. Jody is currently using Appofolio and collects over $1million in rent, but it lacks the true accounting system, so we decided to keep the tenant management in Appofolio and move all accounting to QuickBooks Online. They will be spending only 15-30 minutes each month to record the rent in QuickBooks. The good thing with few pm software you can customize the reports to get the data.
So start with a list of what you are missing first, then your needs such as reports and the automated functionality.