PayProp 2026: Benefits, Features & Pricing

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On this page

Overview
Pricing and Plans
Features
User Reviews

Overview

PayProp

4.5

(13)

Pricing

Pricing available upon request

About PayProp

With PayProp, you can collect and match rent to the right tenants, make outgoing payments, report on your entire portfolio and more in just a couple of clicks.

PayProp’s powerful property management platform automates the crucial financial administration of a property rental business, freeing up real time for real estate professionals to do what really matters.

To date, PayProp has successfully processed over $9bn in rental payments for property professionals around the world.

PayProp's expert support team can be reached by phone or email.

PayProp Screenshots

PayProp Pricing and Plans

Starting price: Connect with an advisor for pricing

Free Trial

Free Version

Basic

Pricing available upon request

No plan information available

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PayProp Features

Popular features found in Property Management
Commercial Properties
Communication Management
Contact Management
Document Management
For Residential
Listing Management
Online Payments
Rent Collection
Rent Tracking
Tax Management
Tenant Tracking
Work Order Management
More features of PayProp
Accounting
ACH Payment Processing
Activity Dashboard
Activity Tracking
Ad hoc Reporting
Alerts/Notifications
API
Audit Trail
Bank Reconciliation
Billing & Invoicing
Cash Flow Management
Check Writing
Client Portal
Contact Database
Critical Date Alerts
Customer Database
Customer Statements
Customizable Branding
Customizable Fields
Customizable Reports
Data Import/Export
Data Security
Document Storage
Electronic Payments
Expense Tracking
Fee Calculation & Posting
Financial Analysis
Financial Management
Financial Reporting
For Property Managers
For Real Estate
General Ledger
Invoice Management
Lease Management
Lease Tracking
Maintenance Management
Mobile Access
Mobile Payments
Multi-Location
Multiple Payment Options
Owner Portal
Partial Payments
Payment Gateway Integration
Payment Processing
Payment Tracking
Portfolio Management
Property Database
Property Management
Real-Time Data
Real-Time Reporting
Receipt Management
Recurring Rentals
Recurring/Subscription Billing
Reminders
Reporting/Analytics
Reporting & Statistics
Residential Leases
Residential Properties
Search/Filter
Secure Data Storage
Self Service Portal
Short/Long Term Rental
Status Tracking
Task Management
Tenant Portal
Third-Party Integrations
Transaction History
Transaction Monitoring
Trust Accounting
User Management

PayProp User Reviews

Overall Rating

4.5

Ratings Breakdown

62%

31%

Secondary Ratings

Ease of Use

4.2

Value for money

4.2

Customer support

4.6

Functionality

4.2

Himanshu J.

Verified reviewer

Real Estate

1001-5000 employees

Used monthly for free trial

Review source

Reviewed December 2024

Property management

We used this product for testing only till now to get a overview with respect to same other products in market. The experience was fine , there is nothing new that we experience . All features are similar to the other similar apps , interface is little slow but it is easy and straightforward approach in less budget.

Ratings Breakdown

Ease of use

Value for money

Customer support

Functionality

Pros:

Good alternative of available products in market to manage properties and tenant virtually. Very straightforward approach and design of product. Knowledgable and helpful support team to work with.

Cons:

Inbuilding data is difficult and time-consuming. Interface is little slow to manage.

Marissa Z.

Verified reviewer

Real Estate

2-10 employees

Used daily for more than 2 years

Review source

Reviewed December 2024

PayProp in review 2024

Invaluable I promote it to all my owners

Ratings Breakdown

Ease of use

Value for money

Customer support

Functionality

Pros:

It’s functionality PayProp allows you to handle a number of key tasks which saves you so much time The support team is fantastic

Cons:

I’d like it if their platform allowed me to conduct credit checks

Reasons for choosing PayProp

Single key pushed their product and focused on the sell PayProp identified why their product was best for my business

Reasons for switching to PayProp

Didn’t meet my needs I would have needed an add on program

Simon C.

Real Estate

2-10 employees

Used daily for less than 12 months

Review source

Reviewed February 2019

Looked good but the reality has not matched our expectations

For us, the overall realisation of their (payprops) promise has failed to materialise. I genuinely hope you have a better experience than we have had - In all honesty, we regret having signed up with them.

Ratings Breakdown

Ease of use

Value for money

Customer support

Functionality

Pros:

When demonstrated, it seemed to be pretty straightforward in use and although not specifically designed for our proposed block management usage, we were assured of the flexibility to make it fit.

Cons:

The variations to block management usage have been very, very difficult for us to adopt. Senior payprop staff have attended our premises and promised a better performance, but in reality, little has actually been delivered. Even professional accountants preparing our clients annual block accounts have failed to understand the complexity of the statements provided! National Westminster seem slow (by slow I mean, for example, that we still await a paying in book a mere five months, yes FIVE MONTHS, after it was requested). I have rung customer services today and the promised call back has not materialsied. It is now 3.04 p.m. and customer services phone extension is not answering and you are directed to answerphone! The customer unique reference has been a problem too and the Nat West have recorded these incorrectly at branch level for cheque payments - as a consequence we have a large number of unreconciled credits.

Vendor Response

Hi Simon, Thank you for your feedback. We're sorry that your expectations have not been met. It is never the kind of experience we want our customers to have on our platform, and we are investigating your complaints to the full. As you say, PayProp wasn't specifically designed for block management usage. However, given its flexibility, we worked hard with you to accommodate your acute need of a client money solution as explained to us. It is regrettable that things didn't pan out as expected. A senior member of our team will reach out to you soon to address any remaining issues as swiftly and seamlessly as possible. Thank you, The PayProp Team

Replied March 2019

Jonathan M.

Verified reviewer

Commercial Real Estate

11-50 employees

Used daily for less than 12 months

Reviewed October 2022

Nicholas Humphreys Payprop Review

As above. Our experience of Payprop has been very good and I would and have recommend the system to other Franchisees within the wider network.

Ratings Breakdown

Ease of use

Value for money

Customer support

Functionality

Pros:

- How straight forward the software is to understand and manage, and the number of payments runs that take place during the working day and week, avoiding delays to both clients and us receiving income.- The level of transparency has helped us to avoid questions about client statements, everything is detailed accordingly.- The freedom the system allows you to look at both surface level information relating to the day-to-day management of accounts and arrears, whilst also allowing you the option to break this down further to obtain a better understanding of your business financials ie income categories, forecasting, by branch etc- The level of support from both the support team and Account manager, from the outset, to mention a few ([SENSITIVE CONTENT]) have all been great. After using an external accounts team for over 10 years, this was a big step as a business to take. The way feedback is received, and, in many cases, actions are taken to implement suggested changes. A prime example would be the suggestion of payment frequencies (Quarterly) which was put forward and implemented. An unknown and initial concern was the cost of the software given the seasonal nature of student lettings and the way rents are received. [SENSITIVE CONTENT] has been excellent at helping us manage this across multiple branches and has followed up when needed to ensure we gain a better understanding associated with using the software over a twelve-month period.

Cons:

Nothing at present that we can think of.

Reasons for choosing PayProp

Ruben G.

Verified reviewer

Real Estate

Self-Employed

Used monthly for free trial

Review source

Reviewed May 2024

It works how you need it to

Ratings Breakdown

Ease of use

Functionality

Pros:

Software is helpful in managing your properties and tenants

Cons:

Takes a bit of time to get used to. Eventually it works well

Shannon L.

Verified reviewer

Real Estate

2-10 employees

Used daily for more than 2 years

Review source

Reviewed December 2022

We love payprop

Payprop is amazing software that has changed the face of our business. It has made life so much easier for tenants, landlords and property managers.

Ratings Breakdown

Ease of use

Value for money

Customer support

Functionality

Pros:

I love being able to work from anywhere. This software gives the freedom to work remotely.

Cons:

The software has been great. Its hard to think of any cons

Jerwyn M.

Verified reviewer

Real Estate

2-10 employees

Used daily for less than 12 months

Review source

Reviewed December 2022

C. Larson Real Estate

I am overall happy with what PayProp has to offer and the solutions they bring to our accounting needs, but I am not happy with the lack of training other than one on one with [SENSITIVE CONTENT] and the Bank of America component of the system.

Ratings Breakdown

Ease of use

Value for money

Customer support

Functionality

Pros:

We like that our tenants can pay online and PayProp takes care of the disbursement of owner distributions, management fees and paying our vendors. I appreciate the excellent support from [SENSITIVE CONTENT]. He is super helpful and has offered to walk us through the reports to better explain them.

Cons:

I do not like having to use Bank of America for our accounting. I do not like that there isn't more training available that I can sit through to help me learn the system. I feel like the program is more difficult to navigate and learn than we originally anticipated. I feel like if I can get a handle on how to enter the data within the property and tenant accounts, it will be easier. We do not like not being able to see more of what's going on with the Bank of America account. We do not receive bank statements, we are not allowed to do anything within the account except for making deposits.

Preeti S.

Verified reviewer

Real Estate

10000+ employees

Used daily for more than 2 years

Reviewed October 2022

Pay Prop

Staff are extremely helpful, polite, patient and professional.

Ratings Breakdown

Ease of use

Value for money

Customer support

Functionality

Pros:

Easy to use and understand. Provides detailed information

Cons:

That it does not let me open more than one account at the same time

Martine M.

Verified reviewer

Real Estate

11-50 employees

Used daily for more than 2 years

Reviewed November 2022

Excellent Software

Ratings Breakdown

Ease of use

Value for money

Customer support

Functionality

Pros:

The time that it saves! Previously I had to print bank statements off and reconcile payments against of property management software. Now I just reconcile and send!

Cons:

The initial integration was difficult but we had a large volume of properties so this could be why.