1st time property managing: software for rent collection

[Maritza McKinney]

We did the 90 day BiggerPockets challenge and we close this Wednesday on a quadplex! We live 50 minutes away and plan to manage the property ourselves.

What software/app should we use to collect and manage rent?

Any other advice on software/apps to manage the details?

Thank you!

[Cassi Justiz]

Congratulations!! A 90 day challenge in 2017 was what really kicked off my investing. 

I personally use Buildium for my PM software. It's a little more expensive and more robust than what most people will probably need. I started on this, so I have chosen to stick with it and not try to switch everything over. 

Cozy.co was really popular but recently was acquired by Apartments.com. I haven't personally used it since the change, but a lot of people are really unhappy with it. 

Tenantcloud is supposed to be great, but again I'm on buidlium so I can't really speak to it from experience. I know it's quite a bit more affordable than buildium but supposedly has better usability compared to the new apartments.com version of Cozy. 

Good luck!