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Finding software can be overwhelming. Software Advice has helped thousands of property managers choose the right property management software so they can track tenants and payments.

Property Management Software

104  systems found

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Buildium

Buildium’s all-in-one property management software helps property managers streamline daily tasks in the rent, vacancy, and maintenance cycles. Over 13,000 customers use Buildium to manage over one million units.
Price: 
Price Range is based on our extensive pricing research and represents a comparison of cost between the 104 systems on our list. The best way to get a real cost is to request a quote.
Recent recommendations:  227
Our advisors have recommended this product 227 times in the last 30 days. These recommendations are based on buyers' needs. Contact us for a free consultation.
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SimplifyEm Property Management Software

SimplifyEm is a property management software designed to meet the requirements of small and mid-sized landlords and property managers. The web-based solution offers features like property accounting, tenant management, lease tracking,... Read More
Rating:  89 reviews
Price: 
Price Range is based on our extensive pricing research and represents a comparison of cost between the 104 systems on our list. The best way to get a real cost is to request a quote.
Recent recommendations:  170
Our advisors have recommended this product 170 times in the last 30 days. These recommendations are based on buyers' needs. Contact us for a free consultation.
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AppFolio Property Manager

AppFolio provides property management software that allows apartment, residential, commercial, student housing and community association property managers to market, automate and manage their business. The mobile, all-in-one solution... Read More
Price: 
Price Range is based on our extensive pricing research and represents a comparison of cost between the 104 systems on our list. The best way to get a real cost is to request a quote.
Recent recommendations:  109
Our advisors have recommended this product 109 times in the last 30 days. These recommendations are based on buyers' needs. Contact us for a free consultation.
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Rentec Direct

Rentec Direct serves as a web-based, full-featured management system for landlords and property managers that is designed to suit the needs of those managing properties between 25 and 5,000 units. Rentec has no startup fees, no term... Read More
Price: 
Price Range is based on our extensive pricing research and represents a comparison of cost between the 104 systems on our list. The best way to get a real cost is to request a quote.
Recent recommendations:  82
Our advisors have recommended this product 82 times in the last 30 days. These recommendations are based on buyers' needs. Contact us for a free consultation.
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Yardi Breeze Property Management

Yardi Breeze is property management software built exclusively for small to mid-size businesses. Yardi Breeze offers features such as autocomplete address lookups, data import utility, home screen dashboard, drill-down reporting and... Read More
Rating:  2 reviews
Price: 
Price Range is based on our extensive pricing research and represents a comparison of cost between the 104 systems on our list. The best way to get a real cost is to request a quote.
Recent recommendations:  49
Our advisors have recommended this product 49 times in the last 30 days. These recommendations are based on buyers' needs. Contact us for a free consultation.
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Hemlane

Hemlane is a cloud-based property management solution that caters to small businesses. The key features of the solution include property marketing, applicant screening, lease tracking, rent collection and maintenance coordination. Hemlane... Read More
Rating:  35 reviews
Price: 
Price Range is based on our extensive pricing research and represents a comparison of cost between the 104 systems on our list. The best way to get a real cost is to request a quote.
Recent recommendations:  48
Our advisors have recommended this product 48 times in the last 30 days. These recommendations are based on buyers' needs. Contact us for a free consultation.
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PropertyZar

PropertyZar is a cloud-based property management solution for small and midsize property owners and real estate managers. It offers features such as tenant screening, rent accounting, posting vacancies and scheduling maintenance. PropertyZar... Read More
Rating:  1 reviews
Price: 
Price Range is based on our extensive pricing research and represents a comparison of cost between the 104 systems on our list. The best way to get a real cost is to request a quote.
Recent recommendations:  44
Our advisors have recommended this product 44 times in the last 30 days. These recommendations are based on buyers' needs. Contact us for a free consultation.
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Rent Manager

Rent Manager is a software system for both residential and commercial real estate companies. The financial accounting component of Rent Manager has full integration and includes standard functionality such as a general ledger with... Read More
Price: 
Price Range is based on our extensive pricing research and represents a comparison of cost between the 104 systems on our list. The best way to get a real cost is to request a quote.
Recent recommendations:  36
Our advisors have recommended this product 36 times in the last 30 days. These recommendations are based on buyers' needs. Contact us for a free consultation.
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Budgetrac Property Management

Budgetrac is a cloud-based, comprehensive property management and accounting solution suitable for commercial properties such as industrial, office and retail. Budgetrac shares real-time information across organizations through role-based... Read More
Rating:  15 reviews
Price: 
Price Range is based on our extensive pricing research and represents a comparison of cost between the 104 systems on our list. The best way to get a real cost is to request a quote.
Recent recommendations:  23
Our advisors have recommended this product 23 times in the last 30 days. These recommendations are based on buyers' needs. Contact us for a free consultation.
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MRI Commercial Management

MRI Commercial Management is built for commercial property managers. It offers real-time, actionable data which can be used to manage assets, all from the secure Alloy platform. Commercial Management (CM) clients include managers of... Read More
Rating:  22 reviews
Price: 
Price Range is based on our extensive pricing research and represents a comparison of cost between the 104 systems on our list. The best way to get a real cost is to request a quote.
Recent recommendations:  22
Our advisors have recommended this product 22 times in the last 30 days. These recommendations are based on buyers' needs. Contact us for a free consultation.
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Property Vista

PropertyVista is a cloud-based property management solution that helps real estate and property management firms to track functions related to their properties which include advertising rental properties, gaining new tenants, collecting... Read More
Rating:  26 reviews
Price: 
Price Range is based on our extensive pricing research and represents a comparison of cost between the 104 systems on our list. The best way to get a real cost is to request a quote.
Recent recommendations:  17
Our advisors have recommended this product 17 times in the last 30 days. These recommendations are based on buyers' needs. Contact us for a free consultation.
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Property Boulevard

Property Boulevard is a property management system designed for commercial and residential property portfolios. The system has management and accounting capabilities and provides access to multiple network users. The software offers... Read More
Rating:  16 reviews
Price: 
Price Range is based on our extensive pricing research and represents a comparison of cost between the 104 systems on our list. The best way to get a real cost is to request a quote.
Recent recommendations:  10
Our advisors have recommended this product 10 times in the last 30 days. These recommendations are based on buyers' needs. Contact us for a free consultation.
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Total Management

Total Management is a cloud-based property management solution suitable for midsize to large organizations that manage apartments, mixed portfolio, REITs and commercial or retail space. Total Management helps users multitask by navigating... Read More
Rating:  89 reviews
Price: 
Price Range is based on our extensive pricing research and represents a comparison of cost between the 104 systems on our list. The best way to get a real cost is to request a quote.
Recent recommendations:  9
Our advisors have recommended this product 9 times in the last 30 days. These recommendations are based on buyers' needs. Contact us for a free consultation.
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iRent

iRent is a cloud-based property management solution for small and midsize property managers. Key features include tenant management, billing and financial management, role-based system access and work order management. iRent includes... Read More
Rating:  9 reviews
Price: 
Price Range is based on our extensive pricing research and represents a comparison of cost between the 104 systems on our list. The best way to get a real cost is to request a quote.
Recent recommendations:  8
Our advisors have recommended this product 8 times in the last 30 days. These recommendations are based on buyers' needs. Contact us for a free consultation.
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RISSOFT

RISSOFT by Realty Information Systems is a property management solution that caters to property managers who manage residential and commercial real estate, condominiums, cooperatives, RV parks, parking facilities and more. The solution... Read More
Rating:  4 reviews
Price: 
Price Range is based on our extensive pricing research and represents a comparison of cost between the 104 systems on our list. The best way to get a real cost is to request a quote.
Recent recommendations:  7
Our advisors have recommended this product 7 times in the last 30 days. These recommendations are based on buyers' needs. Contact us for a free consultation.
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Innago Tenant and Property Management

Innago offers a cloud-based property management platform for landlords with small to midsize property portfolios. With Innago, users can collect rent, manage leases, collect signatures and manage tenants. Landlords can collect rent... Read More
Rating:  4 reviews
Price: 
Price Range is based on our extensive pricing research and represents a comparison of cost between the 104 systems on our list. The best way to get a real cost is to request a quote.
Recent recommendations:  6
Our advisors have recommended this product 6 times in the last 30 days. These recommendations are based on buyers' needs. Contact us for a free consultation.
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PayProp

PayProp is a cloud-based property management solution designed to help property managers to collect, match and reconcile rental payments for their properties. Key features include payment automation, audit logging, arrears management... Read More
Rating:  2 reviews
Price: 
Price Range is based on our extensive pricing research and represents a comparison of cost between the 104 systems on our list. The best way to get a real cost is to request a quote.
Recent recommendations:  6
Our advisors have recommended this product 6 times in the last 30 days. These recommendations are based on buyers' needs. Contact us for a free consultation.
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Property Matrix

Property Matrix is a cloud-based property management solution for apartment complexes and multi-family unit properties. It offers applications for tenant and lease tracking, property accounting, building maintenance, CRM and online... Read More
Rating:  29 reviews
Price: 
Price Range is based on our extensive pricing research and represents a comparison of cost between the 104 systems on our list. The best way to get a real cost is to request a quote.
Recent recommendations:  5
Our advisors have recommended this product 5 times in the last 30 days. These recommendations are based on buyers' needs. Contact us for a free consultation.
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SKYLINE Software

SKYLINE from SS&C Technologies is a web-based property management and accounting solution suitable for small to midsize real-estate firms. Designed to handle an array or key operations, SKYLINE is capable of offering integrated tools... Read More
Rating:  19 reviews
Price: 
Price Range is based on our extensive pricing research and represents a comparison of cost between the 104 systems on our list. The best way to get a real cost is to request a quote.
Recent recommendations:  5
Our advisors have recommended this product 5 times in the last 30 days. These recommendations are based on buyers' needs. Contact us for a free consultation.
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ResMan

ResMan is a cloud-based property management suite best suited for large and midsize companies in the multi-family industry. Key features include rent, leasing and budget management, portfolio management and lead management. The ResMan... Read More
Price: 
Price Range is based on our extensive pricing research and represents a comparison of cost between the 104 systems on our list. The best way to get a real cost is to request a quote.
Recent recommendations:  4
Our advisors have recommended this product 4 times in the last 30 days. These recommendations are based on buyers' needs. Contact us for a free consultation.
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MultiSite Systems

Multisite Systems is a cloud-based affordable housing property management solution that helps property management organizations manage properties with multiple layers of tax credits. Features include portfolio management, maintenance... Read More
Rating:  0 reviews
Price: 
Price Range is based on our extensive pricing research and represents a comparison of cost between the 104 systems on our list. The best way to get a real cost is to request a quote.
Recent recommendations:  4
Our advisors have recommended this product 4 times in the last 30 days. These recommendations are based on buyers' needs. Contact us for a free consultation.
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INFO-Tracker™

INFO-Tracker by Netintegrity Inc. is a cloud-based property, accounting and maintenance management system that designed for midsize and large Condo HOA, residential, 3rd party rental, commercial real estate and affordable housing... Read More
Rating:  1 reviews
Price: 
Price Range is based on our extensive pricing research and represents a comparison of cost between the 104 systems on our list. The best way to get a real cost is to request a quote.
Recent recommendations:  2
Our advisors have recommended this product 2 times in the last 30 days. These recommendations are based on buyers' needs. Contact us for a free consultation.
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Domum Link

Domum Link is a cloud-based property management solution suitable for businesses of all sizes. Key features include lease management, employee management, building maintenance, automated listing postings, tenant communication and reporting... Read More
Rating:  0 reviews
Price: 
Price Range is based on our extensive pricing research and represents a comparison of cost between the 104 systems on our list. The best way to get a real cost is to request a quote.
Recent recommendations:  2
Our advisors have recommended this product 2 times in the last 30 days. These recommendations are based on buyers' needs. Contact us for a free consultation.
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MRI Residential Management

MRI Residential Management suits multi-family managers looking to reduce costs while also increasing property occupancy. MRI Software has developed a comprehensive system that offers end-to-end functionality, managing everything from... Read More
Rating:  27 reviews
Price: 
Price Range is based on our extensive pricing research and represents a comparison of cost between the 104 systems on our list. The best way to get a real cost is to request a quote.
Recent recommendations:  1
Our advisors have recommended this product 1 times in the last 30 days. These recommendations are based on buyers' needs. Contact us for a free consultation.
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Axxerion Property Management

Axxerion Property Management is an integrated suite of cloud-based property management and maintenance software designed keeping in mind small and mid-size property managers and owners. This suite helps property managers to automate... Read More
Rating:  21 reviews
Price: 
Price Range is based on our extensive pricing research and represents a comparison of cost between the 104 systems on our list. The best way to get a real cost is to request a quote.
Recent recommendations:  1
Our advisors have recommended this product 1 times in the last 30 days. These recommendations are based on buyers' needs. Contact us for a free consultation.
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Property Manager Cloud

Property Manager Cloud is a cloud-based property management solution designed for landlords and property managers of all sizes. It is suitable for a range of properties including, yet not limited to, apartments, condominiums and affordable... Read More
Rating:  14 reviews
Price: 
Price Range is based on our extensive pricing research and represents a comparison of cost between the 104 systems on our list. The best way to get a real cost is to request a quote.
Recent recommendations:  1
Our advisors have recommended this product 1 times in the last 30 days. These recommendations are based on buyers' needs. Contact us for a free consultation.
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Maintenance Connection

Maintenance Connection is a cloud-based software system for maintenance management. It is suitable for businesses of all sizes in general facilities management, healthcare, manufacturing, government, utilities, warehouses, energy development,... Read More
Price: 
Price Range is based on our extensive pricing research and represents a comparison of cost between the 104 systems on our list. The best way to get a real cost is to request a quote.
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roomMaster

roomMaster by InnQuest is a property management solution designed for different types of hotel businesses, such as chains, independent hotels, business hotels, boutique properties and resort hotels of all sizes. The product is available... Read More
Rating:  45 reviews
Price: 
Price Range is based on our extensive pricing research and represents a comparison of cost between the 104 systems on our list. The best way to get a real cost is to request a quote.
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MRI Bostonpost

Bostonpost Technology Property Manager provides cloud-based software and services to thousands of properties managing affordable housing accross the US. All Federal and State funding programs are supported, including housing subsidized... Read More
Rating:  17 reviews
Price: 
Price Range is based on our extensive pricing research and represents a comparison of cost between the 104 systems on our list. The best way to get a real cost is to request a quote.
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RentPost

RentPost is a cloud-based property management solution that handles priorities faced by property managers including unit and tenant management, work orders, contact management, automatic rent collection, and accounting. The solution... Read More
Rating:  13 reviews
Price: 
Price Range is based on our extensive pricing research and represents a comparison of cost between the 104 systems on our list. The best way to get a real cost is to request a quote.
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TRACK PM

TRACK Hospitality Software offers a suite of applications for hotels, resorts and vacation rental management companies. This cloud-based solution is platform agnostic and offers mobile-OS specific apps for Android, Windows and iOS... Read More
Rating:  0 reviews
Price: 
Price Range is based on our extensive pricing research and represents a comparison of cost between the 104 systems on our list. The best way to get a real cost is to request a quote.
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CICTotal Manager

CICTotal Manager is a property management solution that offers management tools for rental properties including multi-family housing, commercial buildings, affordable housing and portfolios with a mixture of clients. This cloud-based... Read More
Rating:  9 reviews
Price: 
Price Range is based on our extensive pricing research and represents a comparison of cost between the 104 systems on our list. The best way to get a real cost is to request a quote.
Recent recommendations:  102
Our advisors have recommended this product 102 times in the last 30 days. These recommendations are based on buyers' needs. Contact us for a free consultation.
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Business Size:  S M L

Propertyware

Propertyware is a cloud-based, end-to-end property management software that helps property managers and operators scale their businesses with several different property types, including mixed portfolios. Propertyware’s platform... Read More
Price: 
Price Range is based on our extensive pricing research and represents a comparison of cost between the 104 systems on our list. The best way to get a real cost is to request a quote.
Recent recommendations:  53
Our advisors have recommended this product 53 times in the last 30 days. These recommendations are based on buyers' needs. Contact us for a free consultation.
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Business Size:  S M L

RealPage Commercial

RealPage Commercial is a cloud-based property management solution suitable for commercial and industrial businesses. Key features include accounting, budgeting, facilities maintenance, purchasing, document management and reporting. RealPage... Read More
Rating:  7 reviews
Price: 
Price Range is based on our extensive pricing research and represents a comparison of cost between the 104 systems on our list. The best way to get a real cost is to request a quote.
Recent recommendations:  36
Our advisors have recommended this product 36 times in the last 30 days. These recommendations are based on buyers' needs. Contact us for a free consultation.
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Business Size:  S M L

RealPage

RealPage is a cloud-based property management solution suitable for businesses of any size. Key features include accounting, budgeting, facilities maintenance, purchasing, document management and reporting. RealPage enables users... Read More
Rating:  7 reviews
Price: 
Price Range is based on our extensive pricing research and represents a comparison of cost between the 104 systems on our list. The best way to get a real cost is to request a quote.
Recent recommendations:  23
Our advisors have recommended this product 23 times in the last 30 days. These recommendations are based on buyers' needs. Contact us for a free consultation.
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Business Size:  S M L

ResNexus

ResNexus is a cloud-based hotel and property management solution that helps boost reservations, improves business practices and provides a booking engine for guests to make their own reservations. It offers modules for online booking,... Read More
Price: 
Price Range is based on our extensive pricing research and represents a comparison of cost between the 104 systems on our list. The best way to get a real cost is to request a quote.
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Business Size:  S M L

Lodgix

Lodgix is a cloud-based vacation rental solution that provides tools for online booking, guest management and accounting for owners, vacation rental managers and boutique hotels.  The Lodgix inquiry system helps customers find answers... Read More
Price: 
Price Range is based on our extensive pricing research and represents a comparison of cost between the 104 systems on our list. The best way to get a real cost is to request a quote.
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Business Size:  S M L

OneSite

RealPage's OneSite Property Management software is designed to assist with all tasks associated with the tenant life cycle, including lease and document management and tenant management and accounting capabilities.
Rating:  85 reviews
Price: 
Price Range is based on our extensive pricing research and represents a comparison of cost between the 104 systems on our list. The best way to get a real cost is to request a quote.
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Business Size:  S M L

Re-Leased

Re-Leased is a cloud-based commercial property management solution. Key features include accounting, portfolio management, tenant communication, inspections, document storage and compliance management. The solution integrates with... Read More
Rating:  73 reviews
Price: 
Price Range is based on our extensive pricing research and represents a comparison of cost between the 104 systems on our list. The best way to get a real cost is to request a quote.
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Business Size:  S M L

365villas

365villas is a cloud-based vacation property management solution for short-stay rental properties. The solution helps users to manage reservations, handle inquiries, coordinate guest communication and track payments. 365villas provides... Read More
Rating:  71 reviews
Price: 
Price Range is based on our extensive pricing research and represents a comparison of cost between the 104 systems on our list. The best way to get a real cost is to request a quote.
Platforms: 
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Business Size:  S M L

Escapia

Escapia is a cloud-based vacation rental system that helps vacation rental managers automate property management tasks and online distribution. Key features include accounting tools, lead management, reservations, maintenance, housekeeping,... Read More
Rating:  67 reviews
Price: 
Price Range is based on our extensive pricing research and represents a comparison of cost between the 104 systems on our list. The best way to get a real cost is to request a quote.
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Business Size:  S M L

LiveRez

LiveRez is a cloud-based vacation rental software suite, featuring a property management and central reservation system, customer relationship management (CRM) system, survey and review system, work order system, owner logins, guest... Read More
Rating:  66 reviews
Price: 
Price Range is based on our extensive pricing research and represents a comparison of cost between the 104 systems on our list. The best way to get a real cost is to request a quote.
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Business Size:  S M L

Quicken Home & Business

Quicken Home & Business is a rental property and personal finance management tool that enables users to track tenant information, manage income and finances and track expenses. The solution is suitable for businesses of all sizes. The... Read More
Rating:  59 reviews
Price: 
Price Range is based on our extensive pricing research and represents a comparison of cost between the 104 systems on our list. The best way to get a real cost is to request a quote.
Platforms: 
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Business Size:  S M L

Easy InnKeeping

For hotels, condos, resorts and other short-term properties, Easy InnKeeping provides a cloud-based software suite that manages property operations, from reservations to marketing to financials in one single solution. Easy InnKeeping... Read More
Rating:  55 reviews
Price: 
Price Range is based on our extensive pricing research and represents a comparison of cost between the 104 systems on our list. The best way to get a real cost is to request a quote.
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Business Size:  S M L

Yardi Voyager

Yardi Voyager is a cloud-based property management and accounting platform for both commercial and residential entities. This software is designed for small portfolio real estate owners as well as large enterprises. Yardi Voyager... Read More
Rating:  55 reviews
Price: 
Price Range is based on our extensive pricing research and represents a comparison of cost between the 104 systems on our list. The best way to get a real cost is to request a quote.
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Business Size:  S M L

Streamline

Streamline Vacation Rental Software is a cloud-based property management solution. It includes tools and resources for managing online booking as well as integrated modules for streamlining owners, housekeeping and the front desk... Read More
Rating:  49 reviews
Price: 
Price Range is based on our extensive pricing research and represents a comparison of cost between the 104 systems on our list. The best way to get a real cost is to request a quote.
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Business Size:  S M L

TenantCloud

TenantCloud is a cloud-based property management system designed to meet the needs of landlords, property managers and real estate professionals. The system offers property management, tenant management, accounting management and marketing... Read More
Rating:  49 reviews
Price: 
Price Range is based on our extensive pricing research and represents a comparison of cost between the 104 systems on our list. The best way to get a real cost is to request a quote.
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Business Size:  S M L

LandlordTracks

LandlordTracks is a cloud-based property management suite suitable for residential, commercial and corporate housing. Key features include automatic rent collection and owner disbursements, automatic vacancy listings, background checks,... Read More
Rating:  43 reviews
Price: 
Price Range is based on our extensive pricing research and represents a comparison of cost between the 104 systems on our list. The best way to get a real cost is to request a quote.
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Business Size:  S M L

Yardi Genesis2

Genesis2 from Yardi is a property management and accounting software for small to midsize businesses. The cloud-based solution allows property managers to market, lease and manage many different property types from a single, mobile... Read More
Rating:  35 reviews
Price: 
Price Range is based on our extensive pricing research and represents a comparison of cost between the 104 systems on our list. The best way to get a real cost is to request a quote.
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Business Size:  S M L

Shiftsuite

Shiftsuite is a cloud-based property management system designed for managers of condominiums. Key features include owner administration, document management, reporting, and activity reporting. The solution offers document management... Read More
Rating:  26 reviews
Price: 
Price Range is based on our extensive pricing research and represents a comparison of cost between the 104 systems on our list. The best way to get a real cost is to request a quote.
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Business Size:  S M L

Bookster

Bookster is a cloud-based vacation rental solution which helps businesses in the tourism and hospitality industries to manage bookings and collect payment. Key features include guest review management, arrival reports, email marketing... Read More
Rating:  24 reviews
Price: 
Price Range is based on our extensive pricing research and represents a comparison of cost between the 104 systems on our list. The best way to get a real cost is to request a quote.
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Business Size:  S M L

MYBOS

MYBOS is a cloud-based facility management solution designed to help small and midsize property owners manage client communications, create work orders, manage workflows, schedule maintenance and more. MYBOS offers a calendar feature... Read More
Rating:  24 reviews
Price: 
Price Range is based on our extensive pricing research and represents a comparison of cost between the 104 systems on our list. The best way to get a real cost is to request a quote.
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Business Size:  S M L

Entrata

Entrata is a cloud-based property management solution that features property accounting, facilities management and resident management. The solution includes invoice creation, vendor management, bank reconciliation, lead management,... Read More
Rating:  23 reviews
Price: 
Price Range is based on our extensive pricing research and represents a comparison of cost between the 104 systems on our list. The best way to get a real cost is to request a quote.
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Business Size:  S M L

Unit Trac

Unit Trac is a cloud-based self-storage software solution that helps users manage their inventories and transportation routines. Key features include lease management, credit card processing, facility maps, business accounting and... Read More
Rating:  22 reviews
Price: 
Price Range is based on our extensive pricing research and represents a comparison of cost between the 104 systems on our list. The best way to get a real cost is to request a quote.
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Business Size:  S M L

6Storage

6Storage is a cloud-based self-storage management solution that caters to small and midsize self-storage facilities. Features include custom website designs, a tenant login portal, product lifecycle management, email marketing campaigns... Read More
Rating:  21 reviews
Price: 
Price Range is based on our extensive pricing research and represents a comparison of cost between the 104 systems on our list. The best way to get a real cost is to request a quote.
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Business Size:  S M L

Tenant File Property Management Software

Tenant File Property Management Software (TFPMS) is an on-premise property management solution for apartment, condo, commercial, residential, retail and self-storage property managers. The solution includes accounting, tenant and lease... Read More
Rating:  21 reviews
Price: 
Price Range is based on our extensive pricing research and represents a comparison of cost between the 104 systems on our list. The best way to get a real cost is to request a quote.
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Business Size:  S M L

Accruent

Accruent is a cloud-based real estate and facilities management solution that helps businesses of all sizes to manage their day-to-day buildings and premises related operations and activities. The solution can be tailored to suit businesses... Read More
Rating:  20 reviews
Price: 
Price Range is based on our extensive pricing research and represents a comparison of cost between the 104 systems on our list. The best way to get a real cost is to request a quote.
Platforms: 
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Business Size:  S M L

Turbo Tenant

Turbo Tenant is a cloud-based property management solution that offers tenant tracking and building maintenance capabilities. It automatically sends vacancy listings out to multiple sites, Rent Jungle and Apartment List. It also fills... Read More
Rating:  18 reviews
Price: 
Price Range is based on our extensive pricing research and represents a comparison of cost between the 104 systems on our list. The best way to get a real cost is to request a quote.
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Business Size:  S M L

TrueRent

TrueRent is a cloud-based property management solution designed for use by owners, third-party property managers, tenants and applicants. It helps users manage tenants and accounts as well as track and analyze the financial performance... Read More
Rating:  16 reviews
Price: 
Price Range is based on our extensive pricing research and represents a comparison of cost between the 104 systems on our list. The best way to get a real cost is to request a quote.
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Business Size:  S M L

ProLease

ProLease is a cloud-based lease administration and property management solution designed for multi-location tenant profiles that offers lease accounting, equipment leasing, maintenance management and project management functionalities... Read More
Rating:  13 reviews
Price: 
Price Range is based on our extensive pricing research and represents a comparison of cost between the 104 systems on our list. The best way to get a real cost is to request a quote.
Platforms: 
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Business Size:  S M L

Smart Hotel

Smart Hotel offers a hotel property management solution suitable for a wide variety of industry verticals like corporate hotels, resorts, retreats, wilderness lodges and marinas. It offers tools to manage central reservations, housekeeping,... Read More
Rating:  13 reviews
Price: 
Price Range is based on our extensive pricing research and represents a comparison of cost between the 104 systems on our list. The best way to get a real cost is to request a quote.
Platforms: 
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Business Size:  S M L

MyCommunity

MyCommunity from TALogic is a web-based property management system with accounting, tenant and lease tracking and building maintenance. The system is designed for managers of HOAs and condominiums.
Rating:  12 reviews
Price: 
Price Range is based on our extensive pricing research and represents a comparison of cost between the 104 systems on our list. The best way to get a real cost is to request a quote.
Platforms: 
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Business Size:  S M L

RemoteLandlord

RemoteLandlord is a cloud-based property management solution that helps property managers and accountants with facility maintenance, lead tracking, bank reconciliation, cash receipts, maintaining a general ledger and more. It also... Read More
Rating:  12 reviews
Price: 
Price Range is based on our extensive pricing research and represents a comparison of cost between the 104 systems on our list. The best way to get a real cost is to request a quote.
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Business Size:  S M L

Property Meld

Property Meld is a cloud-based property management software solution specializing in property management maintenance. It is suitable for properties that have at least 20 units. Property Meld lets users schedule maintenance. There... Read More
Rating:  12 reviews
Price: 
Price Range is based on our extensive pricing research and represents a comparison of cost between the 104 systems on our list. The best way to get a real cost is to request a quote.
Platforms: 
Deployments: 
Business Size:  S M L

Rentmoji

Rentmoji is a cloud-based property management solution designed for small and midsize businesses. It offers lead management, tenant screening, a tenant portal, online payments, document storage and vacancy tracking functionalities... Read More
Rating:  10 reviews
Price: 
Price Range is based on our extensive pricing research and represents a comparison of cost between the 104 systems on our list. The best way to get a real cost is to request a quote.
Platforms: 
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Business Size:  S M L

SOFT4RealEstate

SOFT4RealEstate from Softera Baltic is a property management system designed to help commercial operators manage their tenants. The solution is built on a Microsoft Dynamics NAV platform and is operable in both cloud-based and on-premise... Read More
Rating:  10 reviews
Price: 
Price Range is based on our extensive pricing research and represents a comparison of cost between the 104 systems on our list. The best way to get a real cost is to request a quote.
Platforms: 
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Business Size:  S M L

iManageRent

iManageRent is a cloud-based property management solution suitable for landlords managing single or multiple properties of all sizes. The platform offers online rent collection and security-deposit management, tenant screenings, maintenance... Read More
Rating:  9 reviews
Price: 
Price Range is based on our extensive pricing research and represents a comparison of cost between the 104 systems on our list. The best way to get a real cost is to request a quote.
Platforms: 
Deployments: 
Business Size:  S M L

CondoCommunities.com

CondoCommunities.com is a property management solution that provides resident and management portals for the condominium management industry. The solution helps homeowners associations (HOAs) maintain communication with residents by... Read More
Rating:  9 reviews
Price: 
Price Range is based on our extensive pricing research and represents a comparison of cost between the 104 systems on our list. The best way to get a real cost is to request a quote.
Platforms: 
Deployments: 
Business Size:  S M L

Visual Lease

Visual Lease is a cloud-based lease administration and accounting solution for corporate tenants and property owners who manage office space, retail stores, industrial sites and more. It enables users to track lease data, critical... Read More
Rating:  9 reviews
Price: 
Price Range is based on our extensive pricing research and represents a comparison of cost between the 104 systems on our list. The best way to get a real cost is to request a quote.
Platforms: 
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Business Size:  S M L

Pendo

Pendo is a cloud-based rental property management solution designed for small and midsize landlords and property managers. The solution enables users to oversee property portfolios, self-screen potential tenants, create digital leases,... Read More
Rating:  7 reviews
Price: 
Price Range is based on our extensive pricing research and represents a comparison of cost between the 104 systems on our list. The best way to get a real cost is to request a quote.
Platforms: 
Deployments: 
Business Size:  S M L

RealPage

RealPage is a cloud-based property management solution suitable for businesses of any size. Key features include accounting, budgeting, facilities maintenance, purchasing, document management and reporting. RealPage enables users... Read More
Rating:  7 reviews
Price: 
Price Range is based on our extensive pricing research and represents a comparison of cost between the 104 systems on our list. The best way to get a real cost is to request a quote.
Platforms: 
Deployments: 
Business Size:  S M L

RealPage Commercial

RealPage Commercial is a cloud-based property management solution suitable for commercial and industrial businesses. Key features include accounting, budgeting, facilities maintenance, purchasing, document management and reporting. RealPage... Read More
Rating:  7 reviews
Price: 
Price Range is based on our extensive pricing research and represents a comparison of cost between the 104 systems on our list. The best way to get a real cost is to request a quote.
Platforms: 
Deployments: 
Business Size:  S M L

Rentables

Rentables is a cloud-based property management solution that helps users track accounting procedures involved in managing a property including accounting involving tenants, owners and more. The system features work order tracking and... Read More
Rating:  6 reviews
Price: 
Price Range is based on our extensive pricing research and represents a comparison of cost between the 104 systems on our list. The best way to get a real cost is to request a quote.
Platforms: 
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Business Size:  S M L

Smart Property Systems

Smart Property Systems is a cloud-based property management system designed for landlords, real estate investors, property management companies and managers of student or employee housing. It offers accrual accounting, tenant and lease... Read More
Rating:  6 reviews
Price: 
Price Range is based on our extensive pricing research and represents a comparison of cost between the 104 systems on our list. The best way to get a real cost is to request a quote.
Platforms: 
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Business Size:  S M L

ValencePM

ValencePM is cloud-based property management solution for midsize to large apartment and multi-family housing communities. It features an integrated suite of applications that aid in the day to day functions of a property management... Read More
Rating:  6 reviews
Price: 
Price Range is based on our extensive pricing research and represents a comparison of cost between the 104 systems on our list. The best way to get a real cost is to request a quote.
Platforms: 
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Business Size:  S M L

Greenhouse PM

Greenhouse Property Management offers highly-customizable and user-friendly web-based software designed specifically for landlords and property managers with a portfolio of less than fifty units.
Rating:  6 reviews
Price: 
Price Range is based on our extensive pricing research and represents a comparison of cost between the 104 systems on our list. The best way to get a real cost is to request a quote.
Platforms: 
Deployments: 
Business Size:  S M L

Palace

Palace is a cloud-based property management solution that caters to residential property managers and management organizations. Key features include accounting, tenant and lease tracking, maintenance management and more. Palace helps... Read More
Rating:  6 reviews
Price: 
Price Range is based on our extensive pricing research and represents a comparison of cost between the 104 systems on our list. The best way to get a real cost is to request a quote.
Platforms: 
Deployments: 
Business Size:  S M L

Infor Property Management

We recommend Infor AMSI to property owners and managers that need an integrated solution with budgeting and forecasting, tenant and lease tracking, customer management and more. Available as a "cloud" or on-premise system.
Rating:  6 reviews
Price: 
Price Range is based on our extensive pricing research and represents a comparison of cost between the 104 systems on our list. The best way to get a real cost is to request a quote.
Platforms: 
Deployments: 
Business Size:  S M L

PropertyBoss

PropertyBoss is a property management solution for mid-sized to large property managers. The software caters to managers of affordable housing units, apartment complexes, manufactured housing, military housing, residential, self-storage,... Read More
Rating:  6 reviews
Price: 
Price Range is based on our extensive pricing research and represents a comparison of cost between the 104 systems on our list. The best way to get a real cost is to request a quote.
Platforms: 
Deployments: 
Business Size:  S M L

ComVibe

ComVibe is a cloud-based property management solution that helps businesses to manage their maintenance routines and interactions with the customers. The solution helps property managers manage maintenance costs, administrative overhead... Read More
Rating:  3 reviews
Price: 
Price Range is based on our extensive pricing research and represents a comparison of cost between the 104 systems on our list. The best way to get a real cost is to request a quote.
Platforms: 
Deployments: 
Business Size:  S M L

Arthur

Arthur is a cloud-based property management solution designed for small and mid size HMOs and managers of social housing, residential block, commercial properties, student housing and single outlets. The solution works on both PC and... Read More
Rating:  2 reviews
Price: 
Price Range is based on our extensive pricing research and represents a comparison of cost between the 104 systems on our list. The best way to get a real cost is to request a quote.
Platforms: 
Deployments: 
Business Size:  S M L

Lodgical Solution

Lodgical Solution is a property management solution for hospitality properties that can be deployed in the cloud or on-premise and can be used by businesses of any size. Key features include reservation management, guest profiles,... Read More
Rating:  2 reviews
Price: 
Price Range is based on our extensive pricing research and represents a comparison of cost between the 104 systems on our list. The best way to get a real cost is to request a quote.
Platforms: 
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Business Size:  S M L

Yardi Store Enterprise

Yardi Store Enterprise offers a cloud-based self-storage solution for large, multi-facility ownerships, management companies and REIT’s. The solution provides multi-site reports to compare revenue for all the sites in an organization... Read More
Rating:  2 reviews
Price: 
Price Range is based on our extensive pricing research and represents a comparison of cost between the 104 systems on our list. The best way to get a real cost is to request a quote.
Platforms: 
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Business Size:  S M L

Real Home Finders

Real Home Finder is a cloud-based and on-premise property management and customer relationship management solution for real estate industry. Primary features include accounting, tenant and lease tracking, budgeting and forecasting... Read More
Rating:  1 reviews
Price: 
Price Range is based on our extensive pricing research and represents a comparison of cost between the 104 systems on our list. The best way to get a real cost is to request a quote.
Platforms: 
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Business Size:  S M L

Smart Building Apps

Smart Building Apps is a cloud-based property management solution that provides property owners and homeowners, residential and commercial property management functionalities. Key features include budgeting, forecasting and building... Read More
Rating:  1 reviews
Price: 
Price Range is based on our extensive pricing research and represents a comparison of cost between the 104 systems on our list. The best way to get a real cost is to request a quote.
Platforms: 
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Business Size:  S M L

Takerents

Takerents is a cloud-based property management solution that helps landlords and property managers to market and manage their properties. It is suitable for apartments, residential and student housing and community association properties.... Read More
Rating:  1 reviews
Price: 
Price Range is based on our extensive pricing research and represents a comparison of cost between the 104 systems on our list. The best way to get a real cost is to request a quote.
Platforms: 
Deployments: 
Business Size:  S M L

Vi-Pro MIS

Vi-Pro MIS is a cloud-based property management system for multi-family apartment managers. The solution provides booking management and accounting features. The main dashboard shows total bookings, cancellations and due payments.... Read More
Rating:  1 reviews
Price: 
Price Range is based on our extensive pricing research and represents a comparison of cost between the 104 systems on our list. The best way to get a real cost is to request a quote.
Platforms: 
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Business Size:  S M L

BuildingLink

BuildingLink is a cloud-based property management solution for small, midsize and large businesses. Primary features include resident management, package management, maintenance management, work orders, visitor management, asset and... Read More
Rating:  1 reviews
Price: 
Price Range is based on our extensive pricing research and represents a comparison of cost between the 104 systems on our list. The best way to get a real cost is to request a quote.
Platforms: 
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Business Size:  S M L

WOW! On the Web

WOW! is a cloud-based property and asset management solution for corporate facility managers and commercial property managers. Key features include asset management, work order management and preventative maintenance. With WOW! real... Read More
Rating:  1 reviews
Price: 
Price Range is based on our extensive pricing research and represents a comparison of cost between the 104 systems on our list. The best way to get a real cost is to request a quote.
Platforms: 
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Business Size:  S M L

Apartment Information Management

Apartment Information Management Software (AIMS) is a cloud-based property management solution for apartment owners, landlords and property managers. AIMS allows users to manage property accounting, tenant and lease tracking, budgeting... Read More
Rating:  1 reviews
Price: 
Price Range is based on our extensive pricing research and represents a comparison of cost between the 104 systems on our list. The best way to get a real cost is to request a quote.
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Business Size:  S M L

CiraConnect

CiraConnect is a cloud-based homeowners association (HOA) solution for community associations, management companies, self-managed associations and developers. Key features include document management, calendar management, event management,... Read More
Rating:  0 reviews
Price: 
Price Range is based on our extensive pricing research and represents a comparison of cost between the 104 systems on our list. The best way to get a real cost is to request a quote.
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Business Size:  S M L

Condo Control Central

Condo Control Central is a property management solution that provides an online communication and management platform for condos. It offers an online discussion forum, amenity booking, concierge management and more. An online file... Read More
Rating:  0 reviews
Price: 
Price Range is based on our extensive pricing research and represents a comparison of cost between the 104 systems on our list. The best way to get a real cost is to request a quote.
Platforms: 
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Business Size:  S M L

Evercondo

Evercondo is a cloud-based property management solution that helps property managers to identify trends within their buildings and manage overall workflows. For residents, Evercondo provides a platform to communicate with condo associations,... Read More
Rating:  0 reviews
Price: 
Price Range is based on our extensive pricing research and represents a comparison of cost between the 104 systems on our list. The best way to get a real cost is to request a quote.
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Business Size:  S M L

Lease Notes

Lease Notes is a cloud-based property management solution designed for property managers, real estate brokers and landlords. It caters to small, midsize and large businesses. Primary features include lease abstracting, lease administration... Read More
Rating:  0 reviews
Price: 
Price Range is based on our extensive pricing research and represents a comparison of cost between the 104 systems on our list. The best way to get a real cost is to request a quote.
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Business Size:  S M L

Mi Property Portal

Mi Property Portal is a cloud-based property management solution designed for residential property owners. Features include tenant screening, online rent collection, accounting, reporting, maintenance tracking and more. Mi Property... Read More
Rating:  0 reviews
Price: 
Price Range is based on our extensive pricing research and represents a comparison of cost between the 104 systems on our list. The best way to get a real cost is to request a quote.
Platforms: 
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Business Size:  S M L

OnCite

OnCite is a cloud-based property management solution that helps businesses tracks and organizes information relating to their portfolios, properties and assets. The solution is designed for large and midsize property managers and serves... Read More
Rating:  0 reviews
Price: 
Price Range is based on our extensive pricing research and represents a comparison of cost between the 104 systems on our list. The best way to get a real cost is to request a quote.
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Business Size:  S M L

PackageLog

PackageLog from LogWare manages and tracks incoming packages for residents at apartment and other residential communities. The system includes customizable notifications, security features and resident tracking.
Rating:  0 reviews
Price: 
Price Range is based on our extensive pricing research and represents a comparison of cost between the 104 systems on our list. The best way to get a real cost is to request a quote.
Platforms: 
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Business Size:  S M L

Pebblegate

Pebblegate is a cloud-based property management solution that includes applications such as tenant and lease management, property accounting, budgeting and forecasting and building maintenance. The solution provides users the option... Read More
Rating:  0 reviews
Price: 
Price Range is based on our extensive pricing research and represents a comparison of cost between the 104 systems on our list. The best way to get a real cost is to request a quote.
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Business Size:  S M L

PMX Property Management

PMX Property Management is a hybrid property management solution for Microsoft Dynamics NAV. It is suitable for managing apartments and vacation rentals as well as commercial, industrial and international properties. The solution can... Read More
Rating:  0 reviews
Price: 
Price Range is based on our extensive pricing research and represents a comparison of cost between the 104 systems on our list. The best way to get a real cost is to request a quote.
Platforms: 
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Business Size:  S M L

Propertygate

Propertygate is a cloud-based property management system for landlords and real estate agents. It is designed to handle portfolios of small, midsize and large multi-family apartments, single-family homes, health care, hotels and retail. The... Read More
Rating:  0 reviews
Price: 
Price Range is based on our extensive pricing research and represents a comparison of cost between the 104 systems on our list. The best way to get a real cost is to request a quote.
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Business Size:  S M L

Qube Property Management Software

Qube Property Management (PM) software provides a solution that is deployable on a cloud-based or on-premise system. It is designed for a variety of property management company sizes as well as industry segments including commercial,... Read More
Rating:  0 reviews
Price: 
Price Range is based on our extensive pricing research and represents a comparison of cost between the 104 systems on our list. The best way to get a real cost is to request a quote.
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Business Size:  S M L

Reneza

Reneza is a cloud-based property management solution designed for property owners and landlords managing various property types including portfolios, overseas properties, apartments, individual units, HMOs and more. Key features include... Read More
Rating:  0 reviews
Price: 
Price Range is based on our extensive pricing research and represents a comparison of cost between the 104 systems on our list. The best way to get a real cost is to request a quote.
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Business Size:  S M L

VerticalRent

VerticalCloud offers VerticalRent, a web-based tenant screening and property management system with online applications, rental forms and a tenant portal for online rent collection, all accessible through a mobile device.
Rating:  0 reviews
Price: 
Price Range is based on our extensive pricing research and represents a comparison of cost between the 104 systems on our list. The best way to get a real cost is to request a quote.
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Business Size:  S M L

World of Rental

World of Rental is a cloud-based rental property management system designed for landlords and property managers. The solution allows tenants to log in, view payment history and send requests to landlords for maintenance. Landlords... Read More
Rating:  0 reviews
Price: 
Price Range is based on our extensive pricing research and represents a comparison of cost between the 104 systems on our list. The best way to get a real cost is to request a quote.
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Buyer's Guide

,
Market Research Associate
Last Updated: November 15, 2018

Property Management Quick Summary

Property management software helps landlords and real estate professionals track leases, residents and maintenance tasks, as well as collect rent and manage finances to reduce costs and streamline operations.

Benefits of Property Management Software

Property management software applications can lead to several key benefits, including:

  • Tenant and lease tracking. Helps managers perform two important functions: keep track of tenant details, such as rent payments or contact information, and lease dates. Lease tracking can also automate the leasing process from prospect to move-out.

  • Maintenance management. It's critical that property managers keep buildings and utilities in operating condition so tenants find value and comfort in their homes. With this application, residents can submit work orders and managers can assign work and track schedules so that important maintenance tasks are completed in a timely fashion.

  • Accounting. Assists with tracking rent payments, includes a general ledger and can generate reports to visualize the financial health of your properties.

  • Tenant portal. An online portal allows your tenants to pay rent, make maintenance requests and communicate with landlords at any time. This portal can also send alerts and notifications about upcoming rent dates or important messages from managers to residents.

Competitive Advantages of Using Property Management Software

Whether you manage a single apartment complex or dozens of commercial facilities, property management software can provide the functionality needed to handle daily tasks, letting you focus on your business in other ways:

  • Grow your business. Automation gained from software allows property managers to spend more time marketing their properties and managing applicants to find the best residents or renters. Marketing tools give you the ability to quickly post vacancies to various sites, like Craigslist or Apartments.com, with just a few clicks.

  • Offer increased convenience. With an online tenant portal, residents can pay rent any time of day, which adds convenience for them and makes collecting rent easier for you. In addition, a portal opens a line of communication among tenants and office and maintenance staff, so everyone can be quickly notified about important announcements.

  • Gain financial oversight. Reporting and analytics tools help you gather your financial, tenant or marketing data to identify trends that could be harming your business or opportunities to make improvements.

Businesses Sizes Using Property Management Software

Property managers have different requirements based on their portfolio size and type. Modern software offers functionality to help any type:

  • Single and multi-family buyers. Perhaps the most common type of property management, these buyers enjoy a wide selection of systems that help manage apartments, condos or houses, including core functionality of accounting and tenant tracking along with portals and vacancy marketing.

  • Niche-segment buyers. While most property management systems feature the same core functions, many focus on certain property segments:

    • HOA management software offers additional features to track meeting minutes, bylaws and elections necessary to operate an association.

    • Affordable housing software includes functionality to manage funding programs, track compliance and generate audit reports.

    • Vacation rental property software focuses on online booking management and marketing features to give owners a wider reach for potential renters.

  • Enterprise level buyers. Those who manage several properties across a commercial enterprise can opt for a system that shows an overview of their entire portfolio.

Additional Software Property Managers May Need

Modern property management software helps handle virtually any day-to-day task, but depending on your specific needs, you may want to integrate with other systems:

  • Marketing automation: Some property managers with large portfolios may need some extra help advertising their rentals. Marketing software can help you manage email, social media or text campaigns to reach a wide swath of potential tenants.

  • Maintenance management software: Residents deserve functional, clean properties, and managers may need more robust work order systems to tackle the volume of daily maintenance requests.

  • Property management accounting software: Helps landlords track rent payments, maintenance and inventory costs and create forecasts and budgets to gain an overview of financial health and maximize profits.

  • Rental property management software: Helps owners automate recurring tasks, such as collecting rent and generating financial reports, and handle maintenance requests remotely to manage a portfolio of properties.

  • Apartment management software: Includes core accounting and tenant and lease tracking functionality with additional online listing management tools, and a tenant portal to streamline rent collection.

Features Guide

A List of Common Property Management Features

When comparing property management software, it's important to understand the functionality included in each. The most common functions of these systems are listed in the table below:

Accounting
Manage the general ledger, accounts payable and rent payments. Most systems assist with bank reconciliation and generating financial reports.
Tenant & lease tracking
Assists with the entire leasing process, including tenant screening, move-in and move-out management and rent and utility payment collections.
Budgeting & forecasting
Develop accurate operating budgets and reports and forecast future costs and values, as well as account for consumer price index (CPI) changes, inflation and market rates.
Building maintenance
Submit and track work orders, either from employees or renters, and assign tasks to maintenance workers.
Tenant portal
Allows tenants to pay rent and fees, submit maintenance requests and opens a communication channel between residents and staff.

Feature Details and Examples

Accounting: Accounting features in property management systems work much like financial accounting in other systems: they help keep your numbers accurate and up-to-date, with a general ledger, forecasts and dashboards offering a holistic view of expenses and profits. Generate reports can be used to present to stakeholders and to identify trends or opportunities.

Accounting summary in Buildium

Tenant & lease tracking: This feature is the core of any property management system, as it helps organize and track all important information about your residents and their lease agreements. This may include: past due payments, crucial lease dates, contact information and more. Most systems also offer tenant screening tools as a part of tenant tracking.

A tenant profile in MRI Residential Management

Budgeting & forecasting: These features deliver value to property managers by centralizing all current financial information and historical lease details to produce accurate projections and forecast future costs. Reporting features can be used to generate customizable reports to easily share information with stakeholders.

Various types of reporting options in Rentec Direct

Building maintenance: Maintenance management functionality allows both residents and staff to submit, track and assign work orders for any type of request, from structural issues to pest problems, through an online portal. Many systems can automatically assign tasks to maintenance workers to ensure a quick response.

Hemlane's maintenance request dashboard

Tenant portal: As mentioned above, an online portal offers residents various ways to communicate with landlords or office staff, accessible at any time of the day. Tenants can update contact information, pay rent and other fees, submit maintenance requests, view lease documents and communicate with office staff.

A resident profile in the tenant portal from Propertyware

The Property Management Software Features You Really Need

Property management software is often flexible enough to match your specific needs and scale with your business growth. However, there are some crucial applications for certain types or stages of property management:

Small apartment complex or single-family homes
Tenant and lease tracking: For property managers with a smaller portfolio, keeping track of rent payments and lease documents can be centralized for quick retrieval of important information, such as which resident's rent is past due.
Multiple complexes, rentals or an HOA
Tenant portal: When you have several buildings or rentals to maintain, letting tenants contact you through an online portal helps you stay on top of emerging problems you may have missed otherwise.
Enterprise business buyer
Accounting and reporting: Corporate real estate professionals need more robust accounting and reporting tools to make strategic decisions to lower costs. Some may also consider facilities management software.

Pricing Guide

How Property Management Software Is Priced and Hosted

Typically, property management software pricing is based on a few key factors:

  • How many units do you manage?

  • How many applications do you need?

  • How do you want the system deployed?

Vendors most often charge per unit, per month—but be aware that many have minimum monthly costs no matter how large your portfolio. Other costs may include implementation, support fees or hardware expenses.

In addition, costs may differ for on-premise or cloud-based deployments; cloud-based software is generally a smaller investment up-front.

What Businesses Typically Budget for Property Management Software

When we look at how much companies are prepared to spend on property management software per month, the numbers vary. We see a couple concentrations of buyers:

  • A combined 48 percent expect to pay between $10 and $75 per month—the vast majority of these buyers manage apartments or single-family properties.

  • A combined 40 percent expect to pay at least $151 per month—these buyers are generally commercial, retail, self-storage and other mixed-portfolio managers.

(Note that these prices do not include any potential up-front fees, such as installation and training.)

Budget for Property Management Software

A resident profile in the tenant portal from Propertyware

Hidden Costs of Property Management Software

Property management software has a relatively simple pricing structure, but some solutions include costs that you may not have anticipated. In addition to the monthly fee per unit, consider these other common costs:

  • Add-on modules that may not be automatically included in the plan you chose

  • Implementation services or fees for the vendor to help set up the software for success

  • Training options to help your team use the system effectively

  • Access to an API to further customize the software to meet your needs

FAQs

What Are the Key Functions of Property Management Software?

As mentioned above, property management software offers several benefits:

  • Tenant and lease tracking. Manage tenant contact information, lease details and important notifications to avoid late payments or move-out dates.

  • Maintenance management. Submit, assign and track work requests, from staff or residents, and close out work orders to ensure important tasks are completed in a timely manner.

  • Accounting. Track all your financial records, from rent payments to expenses, and generate reports to get an overview of operations.

  • Tenant portal. Open a communication channel among landlords, staff and residents online, where users can make work requests, pay rent or post to a message board.

What Questions Should I Ask Vendors When Evaluating Property Management Products?

When seeking information about property management software, you should ask a few questions to make sure it's the right fit for your needs. These include:

What parts of the software do users most frequently report problems with?

While you should pay attention to what vendors are excited to share about their system, be sure to ask about common pain points for customers and which features typically take the most time to master.

What are the additional required costs for the software?

Aside from monthly subscription costs, you should get an idea about additional costs for other services or hardware—training and implementation are common up-front costs to consider.

Can you customize the system to meet my specific needs?

Most vendors are flexible enough to customize their software by adding new fields for tenant information or combining a specific set of features for you.

How Can Property Management Software Help Me With Marketing?

Marketing your vacancies and conveying quality in the photos and text you post can be a time-consuming challenge for property managers. Modern property management systems offer functionality to help with website and vacancy management, with features for branding, search engine optimization help, social media integration and full marketing campaign management.

Check out this example of how software helps you market properties and find tenants in the busy summer months.

Can Property Management Software Help Me Find High-Quality Tenants?

A major feature of most modern property management solutions is tenant screening tools, which allow you to screen for credit, eviction and criminal records much more quickly than manual methods. Screen with accuracy to avoid bad tenants so you can spend more time showing off your amenities.

What Are Some Drawbacks I Should Watch Out For?

Property management software won't immediately solve your operational challenges, but it can significantly streamline your more tedious daily tasks.

As with any software investment, it's important to have a clear goal in mind for the system—maybe you need to automate rent collections or make it simpler for residents to make maintenance requests. A clear objective will help your company determine the exact functionality needed to reach it.

Tips & Tools

Build a Business Case for Property Management Software

Sometimes it's difficult to get your management to sign off on a new investment like software. But there are a few key property management software benefits that could help you get buy-in from your team:

  • Faster lease signing. Automated vacancy postings and screening tools streamline the application process so that you find the best tenants and can have them sign leases quickly.

  • Automation facilitates communication. Software provides a tenant portal that connects residents and landlords to conveniently email each other about important information so that managers can focus on improving the business.

  • Financial tools handle tedious tasks. Property management software has industry-specific tools to calculate common area maintenance (CAM) reconciliation or automate late fees.

Relevant Articles

Here are some recent articles about property management software you should check out:

Recent Events in the Property Management Market

Here are some important recent events concerning the property management industry:

  • As homeownership rises, rental affordability improves in 2017. The 2016 Zillow Home Price Expectations Survey shows that homeownership will reverse from its historic low in 2016 and begin trending upward, as millennials prepare to buy. An anticipated effect of this trend is a damper on the growth of renters and cheaper rental rates overall.

  • AssetEye assists multi-property professionals. RealPage acquired AssetEye Inc. in 2016 to offer their solution for data aggregation, reporting and collaboration, which extends the scope of RealPage's software. This acquisition allows the company's cloud-based solution to cover other property types, such as hospitality, commercial, multi and single-family, senior living and student housing.

  • Use trending colors to make rentals pop. Adding bursts of bold colors in apartments can impact the mood and behavior of renters. So whether you follow the suggestions of Pantone with its color of 2017, Greenery, or personalize the hue to your renter demographic, consider how colors can potentially turn prospects into renters.

FrontRunners® for Residential Property Management, September 2018

FrontRunners History: 

FrontRunners Vendors Defined

Take this short survey so we can help you identify the products that best fit your needs.


What Is the FrontRunners Quadrant?


A Graphic of the Top-Rated Residential Property Management Products

FrontRunners uses real reviews from real software users to highlight the top software products for North American small businesses.

Our goal is to help small businesses to make more informed decisions about what software is right for them. That’s why we engineered FrontRunners.

To create this report, we evaluated over 125 Residential Property Management products. Only those with the top scores for Usability and User Recommended made the cut as FrontRunners.

FrontRunners-Vendor-Collateral

Scores are based on reviews from real software users.

What’s the Difference Between the “Small Vendor” and “Enterprise Vendor” Views?


The Different Graphics Show Different Sizes of Vendors

Small and Enterprise refer to the size of the software vendor company—not necessarily the size of customers they serve.

We break vendors into two groups for two reasons: It’s a more equal comparison of products, and software buyers have told us it’s helpful.

To determine who’s Small and who’s Enterprise, we look at how many employees the vendors have. All products in FrontRunners, whether Enterprise or Small, are evaluated using the same process.

Each graphic shows the top 10-15 performers for each the Enterprise and Small vendor categories. You can switch views simply by clicking on the version you’d like to see (above the graphic). You can read more in the full FrontRunners methodology here.

How Are FrontRunners Products Selected?


Products Are Scored Based on User Reviews


The gist is that products are scored in two areas—Usability and User Recommended—based on actual user ratings.

To be considered at all, products must have at least 20 reviews published within the previous 18 months, and meet minimum user rating scores. They also have to offer a core set of functionality—for example, tenant and lease tracking capabilities that support residential property management.

From there, user reviews dictate the Usability and User Recommended scores. Usability is plotted on the x-axis and User Recommended on the y-axis.

You can download the full FrontRunners for Residential Property Management report here. It contains individual scorecards for each product on the FrontRunners quadrant.

Got It. But What if I Have More Questions?


Check Out Our Additional Resources!

Have questions about how to choose the right product for you? You’re in luck! Every day, our team of advisors provides (free) customized shortlists of products to hundreds of small businesses.

  • Simply take this short questionnaire to help us match you with products that meet your specific needs. 
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For more information about FrontRunners, check out the following:

  • The “FrontRunners FAQs for Technology Providers,” linked at the top of this page, for detailed answers to commonly-asked questions. 
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  • The complete FrontRunners methodology to understand the scoring.
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FrontRunners constitute the subjective opinions of individual end-user reviews, ratings, and data applied against a documented methodology; they neither represent the views of, nor constitute an endorsement by, Software Advice or its affiliates.