We are officially paperless, and all payments go through RENTCafé. No more trips to the bank to deposit rent checks (except to occasionally deposit laundry coins). I would estimate that we save at least 24 hours of work per rent collection. Breeze ensures that we can get our property owners their money, which is their number one concern. Now we always use EFT disbursements to our property owners, and we love it.
CommercialSearch is a real estate listing solution tailored for all commercial property types. The online marketplace lists properties and spaces for sale or lease and connects tenants with brokers through easy-to-use contact tools. Commercial properties come with greater financial complexities, and the investors who own them have different information requirements for their properties, such as investment management reports and strategic planning and analysis. MRI Software was designed to meet these needs from the start and therefore wins our vote as the best rental property management software for commercial properties. SimplifyEm is designed to give landlords a simple and easy way to manage their properties while also saving time and money. It allows users to track income and expenses, collect rent and tenant applications online, screen tenants, generate and analyze owner reports, track maintenance requests, store documents, and automate repetitive tasks.
Yardi Senior Living
AppFolio supports multiple property types, including residential properties, commercial buildings, student housing, and community associations. Focused on single-family home property management, Propertyware is fairly simple to use, without the complicated features commercial management software can have, making it the best choice for single-family home management. You’ll benefit from Propertyware’s management features, especially if you’re a single-family home landlord.
DoorLoop, however, is just $49 per month for up to your first 20 properties, and only $2 per unit, per month thereafter. Yardi’s most affordable option comes in at $100 minimum per month, and Voyager much more. Being an enterprise offering, it’s standard to not list pricing publicly.
I love being able to quickly post all accounting elements. Again, as one gets comfortable with all the functionality, it is so efficient. I also love how being on the cloud, allows one to share the files with CPAs or Lease Administrators etc. I have hardly had to travel to any professional’s offices on most accounting issues pertaining my company. By far, the biggest improvement that we have now is rent collection.
Our solutions help attract and retain occupants with advanced marketing and online services, for example. Electronic billing significantly cuts the cost of collecting and processing rents. Our award-winning energy management systems reduce HVAC costs and ensure regulatory compliance without reducing comfort.
REACH by RentCafe
We also love the tenant portal, where renters can access their account and pay their rent. This is a feature tenants expect, and adjusting journal entries in accrual accounting in the past, we had to tell them we did not have that capability. Online portals have been very well-received by our tenants.
Accruent acquired Lucernex in 2017 to boost its IWMS or asset management portfolio. Lucernex Lease Administration & Accounting is a real estate lifecycle management platform emphasizing compliant financial contracts and accountancy. Monday.com Work OS is an open platform designed so that anyone can create the tools they need to run all aspects of their work. It includes ready-made templates or the ability to customize any work solution ranging from sales pipelines to marketing campaigns, CRMs, and project tracking.
If you’re reading this, chances are you’ve been shopping for property management software and have begun narrowing down your options. Dotloop is presented by the vendor as an all-in-one real estate transaction management solution that gives brokers and teams full visibility into their business and empowers agents to close deals. Being able to display our current portfolio on a navigable map helps potential clients understand our management envelope in real time. Our corporate site is a powerful marketing tool for new accounts. Our client services team assists with implementation and provides in-person support and online training at every stage of the client’s product experience. Many team members, such as Certified Energy Managers, have earned accreditation that enables specialized client support.
Get set up and running quickly with built-in live chat support, and rest easy knowing your reports are accurate with Yardi’s trusted accounting system tracking your revenue and expenses. Yardi Breeze is a property management software designed for small and medium portfolio owners and managers. The platform offers accessible cloud-based services including marketing, management and accounting tools. A good property management software can help you attract, screen, and manage tenants, respond to their maintenance requests, and account for all the expenses and revenue that entails, which is crucial for tax season. We researched 15 popular rental property management systems based on costs, user ratings, features, and integrations; here are the best property management tools available today.