An effective way to manage real estate businesses is through property management software. With these tools, you can keep an eye on rent payments, communicate with tenants, schedule maintenance tasks and generate financial reports – as well as automate certain tasks such as rent reminders or service request creation – saving both time and effort in managing these tasks manually. Plus, some software offers mobile apps so users can have access on-the-go 24/7!
To select the optimal software solution for you, start by identifying what types of properties and features you own as well as any features that would add value. Next, research available solutions until finding one that suits your portfolio size and growth goals. Finally, choose a platform offering free trial or demo consultation so you can test out their software without risking payment information.
Buildium is an all-in-one property management software solution, offering landlords all of the functionality needed to streamline daily operations. The cloud-based platform was created specifically to meet the needs of real estate professionals and managers; featuring features like marketing and investment tools as well as tenant portal management online rental applications. Plus, Buildium boasts a built-in calendar to ensure no deadlines slip by unnoticed and white-glove customer support is always on standby when needed.
MRI Software is an all-in-one commercial property management solution with an array of tools for efficiently running any real estate business. It can be utilized by multifamily, student housing, senior living communities, commercial properties and affordable properties alike. It features investment management to identify opportunities and risks in portfolios; lease abstraction enhances operational efficiencies while tenant portal, service request tracking and an operational dashboard provide insight into building operations.
Hemlane is an easy-to-use property management software solution that combines accounting, leasing and resident services into one easy system. The flexible software is customizable for use by large property management firms as well as smaller firms; features for real estate professionals include resident screenings and an open API; it’s also straightforward and its pricing tiers are competitive.
Yardi Voyager stands apart from competitors by using a simple flat price model rather than tiered pricing plans, giving clients more ease in getting started while allowing them to expand as their operation does. Solution offers various features tailored to both residential and commercial properties, including online applications, work order processing, resident screenings, e-signatures and electronic signatures. Accessible both from desktops and mobile devices, it features an integrated website that enables users to list units on various listing websites simultaneously, and a mobile app used for receiving work orders and inventory checks. Mac and Windows versions are both supported, enabling customization with user-defined tabs and dashboard tiles as well as field labels.