Top 5 Property Management Software Solutions
Without dispute, we are living in a digital age. When it comes to real estate, not only can homeowners buy and sell on sites and apps like Zillow, but property managers can now manage their entire portfolio online through the use of real estate property management software.
Property management software can track and monitor leases, collect rent, schedule maintenance visits, and even build out websites for the property. By implementing property management software, you can remain organized and on top of all your properties.
Stop losing time & being inefficient! Check out our top 5 property management software solutions.
Without question, AppFolio makes the top of our list, along with many other lists as well. With ease and convenience in mind, AppFolio provides a software solution to both property management and tenants alike.
Regarding property managers, AppFolio allows management to market and manage all tasks related to their property, whether that be a condominium, a multifamily property, apartments, commercial property, student housing, HOA, or a single-family home. Rent & vacancy tracking, initial tenant screening, insurance tracking, website build-out, listing management, maintenance work order tracking, rent comparison tool, and paperless bill posting are just a few of the capabilities of AppFolio. Moreover, properties can be listed on AppFolio, and potential clients can submit their applications via AppFolio¹.
Tenants too can use AppFolio’s online portal or mobile app to pay their rent, get in touch with their property manager, submit a maintenance ticket, and even manage renters insurance.
Next on the top of our list is Buildium. This cloud-based property management software was built for both management and tenants. As the world is constantly on the move, Buildium has an app for both renters and landlords.
Keeping track of all properties and all information in one place is undoubtedly an appealing feature for property management. Buildium can help management with residential properties, student housing, condos & HOA’s, and even affordable housing communities.
Several features put Buildium on the top of our list. Some features include tenant screening & onboarding, convenient online leasing tools such as e-signature, rent collection, accounting software, property inspection tools & insights, and vacancy management through the help of Buildium’s marketing website and partners such as Trulia and Zillow.
Cozy, the next on our list is a property management software solution that was developed to help landlords list their properties for new prospective tenants, screen said tenants, and receive online payments from these new residents.
When it comes to custom listings of properties, Cozy aids property management in building new listings from scratch. This management software gives a step-by-step process from start to finish. Users can do anything from uploading property images, amenities, lease agreements, or even the property’s pet policy. These listings will then be published on websites such as Realtor.com and Doorsteps.com. Features such as rent estimation tools certainly help management when setting up their initial listing.
An added perk, Cozy allows property owners to see detailed information regarding their prospective new tenants. Employment status, rental history, and income information are all available through Cozy.
Furthermore, the maintenance tool is a tenant favorite. With Cozy, residents can, of course, create maintenance tickets. But Cozy takes it one step further. With this property management software, maintenance can notify the tenants of repairs with detailed notes, photos, or even videos.
TenantCloud, another cloud-based management system, was built to save property management time and money. For property management teams on a budget, TenantCloud may be right for you.
Many features could make TenantCloud the right choice for you. Top features include tenant screening, rental applications, lease agreement templates, rent collection, maintenance requests, vacancy marketing, accounting, and detailed financial reports. TenantCloud’s dashboard provides a comprehensive and illustrative view of outstanding balances, income, net cash flow, and expenses for new property managers or budget-conscious owners².
Through the online portal and dashboard, or even the app, property managers can easily communicate with their tenants regarding outstanding balances, maintenance issues, and even insurance reminders.
Like the others, Yardi Breeze is a cloud-based solution designed to benefit property management. Unlike the others, there is no app for this software.
Overall, Yardi Breeze customers claim it’s easy to use and understand. Favorite features include rental applications, lease templates, renters insurance, move in & out info sheets, rent collection, maintenance tickets/requests, activity calendars, accounting data, and vacancy marketing through websites such as RENTCafé.
Due to its long list of features, Yardi Breeze has made it into our top 5! With these features, Yardi Breeze customers are some of the most loyal software users.
These five property management software solutions each made our top five for different reasons. The overall simplicity of each is undoubtedly something they have in common. Another thing they have in common is that each of these platforms could genuinely benefit from integrating with ParqEx. Learn about the different access and parking-related products and services offered by ParqEx!
Couey, C. (2021, March 23). 5 most popular real estate property management software. Retrieved May 13, 2021, from https://blog.capterra.com/the-5-most-popular-real-estate-property-management-software/
Bethell, A. (2021, February 26). The 7 best property management software of 2021. Retrieved May 13, 2021, from https://www.thebalance.com/best-property-management-software-5069132
Get the latest news, articles, promotions & more from ParqEx.
Sign up below to receive experienced insight covering smart technologies (AI & IOT) disrupting the real-estate and transportation industries.