The market is full of property management software solutions. Searching for a system that fits your company’s needs and expectations can be time-consuming and challenging. Our list of essential property management software allows you to save time since we did the research, studied reviews, and picked the top 7 systems to improve your business.
What Is Property Management Software?
Let’s start with the basics.
Property management software stands for a system that helps automate routine tasks of landlords, property owners, and managers. There can be a real-estate solution or complicated Enterprise Resource Planning (ERP) platforms. Property management software usually has various integrations like rental payment software, lease administration software, lease accounting software, and so on. For example, during ERP development, you can use multiple third-party products like G Suite, Office 365, and FreshBooks.
The essential features of property management software include:
- tracking and monitoring the financials of a real estate property;
- automating the daily operations of a real estate property;
- communicating between tenant and property manager.
Understanding what property management software is, it’s high time to move on with a list of essential systems.
Innago is a property management software designed for all property types — commercial, residential, student housing.
The system is easy to use since there are only helpful and required features like online rental collection, online lease collection, tenant screening, maintenance tracking, tenant management, support, and security.
Innago offers mobile and web solutions so that you can have access to the system from any device.
Most features are free of charge, so it’s easy to start using property management software after the registration.
#2. Rent Manager
Rent Manager is famous for customization opportunities. This property management software offers various valuable tools, including accounting, reporting, marketing and leasing, business operations, and maintenance.
This solution is perfect for businesses of any size, from startups to enterprises. The Rent Manager also takes care of the customers. There is onboarding information (implementation and data migration), customer support, and training (Rent Manager University and Guided Online Training).
Yocale is a helpful property management software for small, mid-sized, and large businesses. The service offers many extraordinary features like an online calendar, online scheduling, client management, business management, notifications, and more.
For example, Yocale Amenity Scheduling software offers to keep your business open for scheduling meetings 24/7. As a result, customers can book an appointment themselves from any device.
Buildium is one more property management software solution that can be useful for your real-estate business.
The system has a lot of exciting features:
- Accounting: property accounting, company financials, online payments, and retail cash payments.
- Business operations: resident site, owner portal, document storage, property inspections.
- Leasing: rental listings, rental applications, showing coordinator, tenant screening.
- Community associate management: violation tracking, board communications, accounting and budgeting, document management.
Lodgix is a property management software that offers 30 days free trial along with free setup and support.
A bunch of big enterprises like Airbnb, TripAdvisor, Booking.com, and Expedia have already integrated Lodgix.
There are various features:
- Answer inquiries
- Automated communications
- Document creation
- Online booking
- Digital signatures
- Email marketing
- Property management
#6. Condo Control
Condo Control tends to make property management simpler and reduce paperwork. This web solution has a bunch of valuable features:
- Accounting integration
- Online payments
- Violation tracking
- Service Requests/Work Order
To start using the service for your company, you have to pay $7 per month per address.
TenantCloud is the cloud-based property management software that can be useful for landlords, tenants, and servicepro. It helps companies automate business processes with a user-friendly interface that makes the property management process more straightforward.
There are excellent features for various user roles — landlord, tenant, and servicepro.
- Receive online payments
- Screen your applicants
- Manage accounting and finances
- Get a free listing website
- Pay rent online
- Create rental applications
- Store payment and rental history
- Submit maintenance requests
- Find new customers
- Showcase your portfolio
- Provide landlords with services
- Grow your business
As you can see, there are a bunch of excellent property management software solutions on the market. Most of them offer a free trial period for you to understand whether the software works for your business and meets your requirements and expectations.
Vitaly Kuprenko is a technical writer at Cleveroad, a web and mobile app development company in Ukraine. He enjoys writing about tech innovations and digital ways to boost businesses.