Rental Management Software

[Amber Gazzolo]

I am taking over family property, multi-family units, which has been ran very hands on and without any online systems. I would like to get everything updated and ran more efficiently. What software would be recommended for about 50 units? Thank you! 

[Jeff Copeland]

Buildium, Property Ware, and Appfolio are the "Big Three" players in this space, and they are very sticky - Meaning once you invest the time and energy into setting up a system, you are very unlikely to change over to another one. 

So most people can only really advise you on the one they use, and I would venture to guess that very few people have used all three. 

We use Buildium, and find it to be very robust and scalable. We literally do everything inside of Buildium, from marketing vacant units, to applications and background checks, to rent collections and accounting, to tracking maintenance requests. They also have tiered pricing, which makes it more palatable for a smaller number of doors. 

Just do your research and choose wisely, not only based on what you're doing today, but based on what you might be doing several years from now in terms of growth.