Top 7 Property Management Software

Elise Williams

2024-04-18 14:00:40 • Filed to: Software for Business • Proven solutions

"The primary and most important job of a property manager is to keep the tenants satisfied". These were the exact words of a property management associate we interviewed and that starts with making use of the right technology in place. So, we set out to find the best property management software, hand-testing out of a pool of over 30 before landing on a handful of a property management software reviews that are based on best features with an intuitive, user friendly interface.

#1 Buildium
#2 AppFolio Property Manager
#3 Maintenance Connection Software
#4 Rentec Direct

#5 Rent Manager
#6 storEDGE
#7 Propertyware

Choose the Right Property Management Software

1. Buildium

Buildium is a Web-based property management software with key features such as tenant and lease tracking, automated rent, full general ledger accounting, and late fee reminders and on-demand reports. Furthermore, rent collection can be automated; and property management concerned people can receive online payments via Buildium's tenant portal.

This property manage software's packages do not require a start-up fee or annual contract. 24/7 support from a customer care team is included in monthly subscription plans. Customers can take advantage of extended phone support and submit support request tickets anytime, available Monday through Friday from 9 a.m. to 8 p.m. EST.

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2. AppFolio Property Manager

AppFolio Property Manager is a Web-based system with management and accounting capabilities. This property management software serves marketing, online rent payments, accounting, applicant screening, online applications and online lease agreements solutions.

Clients can post vacancies to tons of sites on the Internet. AppFolio also provides services of downloading an HTML. It also offers product training and support for an unlimited number of users. Other features include tenant liability insurance, vacancy and rent tracking, professional websites, a rent comparison tool, automatic posting of bills, database-wide searching, report customization, paperless work order generation, mobile iPhone access and others. As for now, it has no API for data warehouse.

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3. Maintenance Connection Software

Maintenance Connection is a web-based property management software for maintenance management. Target areas of this tool are general facilities management, healthcare, manufacturing, utilities, warehouses, government, travel agencies, energy development, and other specialized industries.

The system optimizes streamlines labor efforts, lifecycles of assets, tracks and manages maintenance costs, provides insight on equipment failures, and performs other crucial tasks for meeting the full potential of maintenance and facility management. Maintenance Connection has also won the Product of the Year Award from Plant Engineering.

The refresh rate of MCS is too slow in making updates to data previously stored. This property management software seems the backend hardware is overloaded sometimes.

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4. Rentec Direct

Rentec Direct serves as a web-based, full-featured property management software for landlords and property managers with features including online portals for tenants and owners; general ledger accounting and financial reporting with optional Quickbooks synchronization; a custom website and website hosting to promote your company and properties online; automated ACH and credit card payment processing; tracking of work orders; syndication of vacancy listings; online rental applications; electronic signatures with DocuSign; electronic 1099 filing and utility billing integration.

Rentec Direct protect client data, including 2-factor authentication, third party security verification, and real-time secure data backup as it has strict bank-grade security standards. The software is compatible on Windows and Mac operating systems as well as various mobile devices.

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5. Rent Manager

Rent Manager is a property software software for both commercial real estate companies and residential areas. It includes standard functionality such as a general ledger with accounts receivable and accounts payable, budget management, payroll import and financial reporting.

The online version of Rent Manager includes Web-based modules that are unavailable in stand-alone version. These include Web access to service managers and mobile admin; and Web access provided to residents. The billing is conducted in the form of a monthly fee in the online version. Users share their screen with technical support in online version.

The latest version of system has been re-written to take advantage of the latest available technologies, rather than working simply as an update of older versions.

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6. storEDGE

storEDGE allows to manage multiple storage facilities within single system and choose which functions their employees can access. This property management software integrates with insurance providers, gate software and accounting information.

Users can generate adjustable tax rates, facility specials, and ad hoc invoice by tracking delinquent tenants. Software updates are also sent to users as they are released so they can continue to run their facilities.

With the search feature, users can type in a task item, name, unit number, note, or phone number to locate data within the system. A lot of information has to be processed when you get started in storEDGE. Along with that, changing things once they are entered can prove to be very difficult sometimes.

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7. Propertyware

Propertyware is an on-demand property management software solution with primary functionality of Propertyware includes accounting, websites with customization options, portals for owners and tenants, tenant screening, marketing processes, and other crucial property management tasks. The system's accounting components can saturate with QuickBooks to allow ease and completeness in its accounting functionality. The system is deployed online, and units can be purchased on an as-needed basis.

Property owners can log into a portal to check property status. Renters can schedule payments online within the system and check on repair schedules. Propertyware is based in San Francisco, California, and has facilitated over 2,000 different organizations in seven countries. Novice users are bound to use the support staff frequently as the program is not very intuitive.

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