All Forum Posts by: Kris Freeberg

You're welcome!   I have deep insight into the trust accounting involved regardless of platform so if you have any other questions feel free to ask.  :)

http://www.makinendsmeet.com/uploads/4/7/7/8/47789111/pm_software_comparison.pdf

Hi Nicholas, what's the latest on this discussion?

I've seen it done, but I don't know the details.

I'm researching the PM accounting software space right now - almost finished.

Regardless which software you use, demand a balance sheet.  Most of them lack it.

Liabilities, and holding things like security deposits in trust, are huge in landlording.   That's why you need a complete accurate balance sheet.  If the package you're considering lacks it, move on.

Also don't be cheap about it.  Recognize the value of your time.  If spending a few hundred a month gets you a complete solution that scales, versus a sketchy cheapie or freebie that will have you squandering your time filling holes, by all means spend the money.  Get something that helps you grow.

Love this article.

https://www.biggerpockets.com/renewsblog/2011/02/25/hiring-best-property-managers

I found this at Reviews.com from last August.  Very nicely done, quite thorough.  Makes my job much easier.  :)

Hi folks

I've been out of the loop for a while - been engrossed in a Property Management accounting project, working with Appfolio.

Heads up, though:  I am preparing to compile a thorough Property Management Software Comparison matrix.  The rows will be software, and the columns will be features.  So far I've listed 17 products and 21 features. 

There has been a LOT of chatter on BP about PM software, it seems my phone pings several times daily about it.  Hopefully this comparison will calm a lot of the chatter and put some questions to rest.

If there is a product or a feature you'd like me to include in the comparison, please message me.  When it's finished I'll share.

At your service,

Kris Freeberg

Agree.  It's dissembling.