Review: Property Management Software
We here at Connex Property have decided to dive into the world of commercial property management software. This is an industry that has exploded over the last several years and many offer great solutions to keep building management processes organized. Here are the top 5 software services that we reviewed and offer pros and cons of each.
1. AppFolio Property Manager
For residential, commercial, student housing, and community associations, AppFolio offers high end property management solutions. The app provides a range of features, such as online rent payments, maintenance requests, applicant screening, and accounting tools.
Pros:
User-friendly interface with customizable dashboards
A wide range of features, including accounting, online rent payments, and maintenance management
Mobile app available for property managers and tenants
Cons:
Can be expensive for smaller property management companies
Limited reporting options compared to other software services
2. Buildium
Buildium is a software service app that offers property owners & HOA managers solutions for overseeing rental properties. Users can manage accounting, maintenance requests, lease agreements, and rent collection. The app provides a number of features, including online payment options, tenant portals, and automated reminders.
Pros:
Comprehensive suite of features, including online payments, maintenance management, and leasing tools
Affordable pricing for small and mid-sized property management companies
Customizable reporting and analytics features
Cons:
Can have a steeper learning curve for new users
Limited mobile app functionality
3. Yardi Breeze
Yardi Breeze offers small- to mid-sized residential and commercial property management options. Users can manage accounting, leasing, maintenance, and more. The app provides a number of features, including online payment options, tenant portals, and mobile app access.
Pros:
Affordable pricing for small property management companies
Comprehensive features, including accounting, leasing tools, and tenant portals
User-friendly interface with customizable dashboards
Cons:
Limited customization options for reports and lease agreements
Can be difficult to set up initially
4. Rent Manager
Rent Manager’s user-friendly interface and customizable dashboards make it easy for property managers to access and manage their properties from anywhere. Additionally, the app provides users with detailed reporting and analytics to help them make data-driven decisions.
Pros:
Highly customizable reporting options and dashboards
Comprehensive suite of features, including accounting, online payments, and maintenance management
Scalable for large property management companies
Cons:
Higher pricing for smaller property management companies
Can have a steeper learning curve for new users
5. Entrata
Entrata is a software service app that provides property management solutions for multifamily housing, student housing, and commercial properties. With Entrata, users can manage all aspects of their properties, including leasing, accounting, maintenance, marketing, and more.
Pros:
Comprehensive suite of features, including leasing, accounting, maintenance management, and online payments
User-friendly interface with customizable dashboards
Mobile app available for property managers and tenants
Cons:
Higher pricing compared to some other property management software services
Limited customization options for reports and lease agreements
Some users have reported technical glitches and slow response times from customer support
In conclusion, these five commercial property management software services offer a comprehensive suite of features. We recommend considering these factors carefully when selecting a service that best suits your business needs.
* Connex Property is not affiliated with any of the aforementioned companies
