The best property management software reduces the time-consuming workload associated with residential rental properties. The software automates and streamlines your investment business, increases profits and efficiency while tracking performance.
Fact - if you spend all your time fixing problems and dealing with tenants instead of finding more deals then your investment business won't grow. Plus, automating with software enables growth without increasing the need for more staffing and personnel. And it produces a positive and happy experience for both landlord and tenant.
No matter if you're a landlord, management company, or Realtor, end to end software is needed to post vacancies, fill properties with reliable tenants, accurately record all leasing, operations, maintenance, marketing, and accounting associated with each unit. The best property management software enables your business to operate in a professional and legally compliant mode.
Landlords with 2 or 3 properties can
juggle the management with spreadsheets, but it's time-consuming and can
get out of control quickly. Especially, when you decide to add
more rental properties and grow your investment business.
You could hire a professional property manager or a Realtor for all of your real estate property management.
However, it can be costly. Management fees are pricey, starting at 10%
of the monthly rent and there are additional fees for credit checks
($20-50), on boarding tenants ($150-350per unit), and property
inspections ($25-75). Use
caution if anyone promises to do the job for less.
The best solution is to use Buildium property management software it lets you start small and scale your business effectively and efficiently. Buildium was designed for real estate investors, property managers, leasing agents and Realtors.
Buildium, the best property management software is high-tech cloud-based systems with mobile apps so investors can manage properties in numerous markets. For both landlord and tenant, it's easy to use, safely upload and store info and documents, and instantly communicate and process transactions all in one place.
No one likes dealing with tenant complaints, listing vacancies, scheduling showings, taking applications, completing inspections, and scheduling maintenance.
Buildium, the best property management software automatically organizes time-consuming tasks like advertising rentals, accepting applications, screening potential tenants, provides lease and legal documents,
collects rent online, and tracks maintenance requests while reducing
numerous calls and emails to you.
Buildium has a command center that puts you in control. Dashboard and owner portal with a free, fully-integrated professional website. You'll attract higher quality tenants using Buildium's automated online solutions for listing and marketing.
With Buildium you'll fill vacancies with qualified tenants and seamlessly add them into the tenant portal and management system to begin accepting payments. Customize your online rental application with credit score requirements, instantly process background and credit checks and receive recommendations based on data collected from applicants. Complete online eLease with legally-binding eSignatures. Minimize risk and protect properties and residents by requiring renter's insurance.
Buildium listing page creator showcases your rental properties with
photos and descriptions. At their convenience, potential tenants can
apply online and securely process payments. All data is protected with
industry-leading security provided and monitored by the professionals at
Amazon Web Services (AWS).
With Buildium, click and send rental listings to all major property sites in the United States and Canada.
Buildium features resident portals. Tenants log on, pay rent, request maintenance, and view status updates. All without any direct contact from you.
Convenient no stress accounting. Accept and track credit card and ACH payments online or cash rent payments at over 20,000 trusted locations nationwide.
With Buildium you'll stay in control and drive your business with data-driven decisions and strategies. The reports are easy to read and understand with analytics and actionable insights so you can quickly make informed decisions. In a few minutes create and automatically file 1099s.
Analyze
and monitor the financial performance of each unit or your entire real
estate portfolio. Click and view monthly profits, bills, and cash flow.
Compare your investment company with local and national rental and real
estate benchmarks.
Manage invoices and accounts payable to vendors, generate
complete and accurate compliant financial reports. Balance sheets,
income and cash flow statements,
compare
budget vs actual reports, general ledger, bank reconciliations, and
transaction reports all are right at your fingertips.
Showings coordinator syncs with your calendar to book showings faster and sends instant follow-up messages.
Buildium has unlimited document storage, EZ communication with text messaging, and bulk automated email, letters, and notifications.
Track maintenance requests and perform property inspections in the field then sync all your data in one simple step.
On demand training and the Buildium Academy. Stress-free online video tutorials are quick and easy with basic setup instructions and step-by-step workflow plans. And if you want personalized training or just have questions, Buildium's award-winning Customer Care team is standing by.