Property Matrix Software


 

Property Matrix is a cloud-based property management solution geared towards apartment complexes and multi-family unit properties. It offers a full suite of applications for managing multiple properties: tenant and lease tracking, property accounting, building maintenance, CRM and online classifieds.

Users can filter for vacancies or specific units, create invoices and check on maintenance requests - all while saving time and staying organized. The Owners Portal houses everything that owners need to monitor and manage their property.

The software comes with an accounting package including a general ledger, accounts payable, accounts receivable and a detailed transactional history.

Property Matrix also includes a maintenance module. Once a new incident is reported, it’s routed to the maintenance panel so someone can be assigned to handle the request—this can even include outside vendors. Everyone in the company has access to this, making it a collaborative effort.

 

 

Property Matrix - Accounting
 
  • Property Matrix - Accounting
    Accounting
  • Property Matrix - Balance sheet
    Balance sheet
  • Property Matrix - Property view
    Property view
  • Property Matrix - Accounting - desktop
    Accounting - desktop
  • Property Matrix - Reports
    Reports
  • Property Matrix - Lease view
    Lease view
Supported Operating System(s):
Mac OS, Web browser (OS agnostic), Windows 8

16 Reviews of Property Matrix

 

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Software Advice Reviews (5)
More Reviews (11)

Showing 1-5 of 5

Karin from Wininger Real Estate LLC
Specialty: Apartments / Multi-family
Number of employees: 2-10 employees Employees number: 2-10 employees

January 2017

January 2017

Nice product for rental management!

Ease-of-use

Functionality

Product Quality

Customer Support

Value for Money

I work for a small company that owns and manages rentals in Bloomington, IN. We did some research online and found Property Matrix had good reviews for their product and support, plus it had certain features we were looking for such as the ability to let tenants pay rent online and the ability to start small and expand as we gain more properties. We are so glad we chose Property Matrix. The product is just as advertised, and the support is even better than we expected! The fees are reasonable and affordable for us, too.
We have not been using it very long, so I still have questions as I work in it. The support team is quick to respond and they take the time to figure out any issues or questions I have. They are able to take our data or forms and set them up in the background for us, as well as teaching us how to do it for ourselves. We look forward to a long relationship with Property Matrix.

Pros

Support is awesome! The product fits our needs as a growing company.

Cons

The only thing I might ask for is a printed user manual.

Advice to Others

I would recommend calling and talking to Property Matrix to see if it is a good fit for you.

 
 

Antonio from Dynasty Property Management Inc.
Specialty: Co-op
Number of employees: 2-10 employees Employees number: 2-10 employees

January 2017

January 2017

Property Matrix Review

Ease-of-use

Functionality

Product Quality

Customer Support

Value for Money

Property Matrix is a good program and system and the support is amazing. The program is not perfect and not at its full potential but its quite clear the team is working to make things greater than ever and they ensure your satisfaction as best as they can.

Improvements can be made but overall this system is great and I would always recommend it to others in this field.

Pros

Wonderful customer support and help with any errors and questions.
The ease of constant flow of information within the system.

Cons

System errors & software problems.

Advice to Others

This system is very helpful and once well customized to your needs can make your daily activities for easy to carry out.

 
 

Erica from Carrico and Associates
Specialty: Residential / Single-family
Number of employees: 2-10 employees Employees number: 2-10 employees

January 2017

January 2017

So many features, and excellent customer support!

Ease-of-use

Functionality

Product Quality

Customer Support

Value for Money

My company doesn't use Property Matrix nearly to its full capacity, but the features we use are perfect and intuitive, and our tenants have adopted the online platform quickly and easily. The technical support is fantastic- one on one coaching calls through learning the features, as well as a wonderful chat option that allows me to multitask and stay available via phone to my tenants. We love it!

Pros

The customer support chat is my FAVORITE, also the streamlined accounting features!

Cons

Sometimes new features can be a little confusing to figure out if you aren't walked through it.

 
 

Shelia from Stanley Assets Bridgewater Place
Specialty: Apartments / Multi-family
Number of employees: 2-10 employees Employees number: 2-10 employees

January 2017

January 2017

Excellent Product, Excellent Support System

Ease-of-use

Functionality

Product Quality

Customer Support

Value for Money

We went live with Property Matrix, it was the best decision based on our needs!! They are a very professional company with your best interest at heart. The quick call backs was a major factor in going with this company, they have met and exceeded our expectations. We would greatly recommend this software program to all companies looking to simplify their needs and goals.

Pros

Support is wonderful, staff is the best!

Cons

None

Advice to Others

Give it a try, you will be impressed with the outcome!!!

 
 

Lori from Nevarez-Smith Investments LLC
Specialty: Mixed Portfolio

March 2015

March 2015

User-friendly software to manage my properties across the states!

Ease-of-use

Functionality

Product Quality

Customer Support

Likes Best

My business partner and I have ventured into purchasing rental properties in different states over the past couple of years. As owners of multiple properties in different states, we also act as the property managers for our properties. When selecting a property management/accounting system, we wished for a system and its organization to work with us in designing a flexible system which would accommodate our needs. We researched four different systems and selected Property Matrix, because the system is very user-friendly and works well as a property management, accounting and maintenance system.

Likes Least

We have no complaints about the software or the vendor so far!

Recommendations

Make sure to go with a software that has a free trial so you can compare them like we did. Then you will see how much Property Matrix stands out above the rest.

 
 
 
Showing 1-11 of 11

John from The Keys Apartments
Number of employees: 2-10 employees Employees number: 2-10 employees

August 2017

August 2017

The best rental software I have ever used. Easy to learn and has short cuts that reduce steps

Ease-of-use

Functionality

Product Quality

Customer Support

Value for Money

Ease-of-use
Usability
Functionality
Functionality
Product Quality
Quality
Value for Money
Value
Support

Able to updater an old XP Computer. Quicker operations on a daily basis.

Pros

Property Matrix is a very thorough software. Easy to learn and customer service is the best. If there is not a report that you need, customer service will set one up for you. If you need customized field for data, they will also set those up.

Cons

Only con I have found is that if you run a report on the screen and leave the report section, you will have to totally rerun the report rather than just refresh .

Source: Capterra
 

Kathy from Brea Woods Senior Apartments
Number of employees: 2-10 employees Employees number: 2-10 employees

April 2017

April 2017

Old dogs can learn new tricks

Ease-of-use

Functionality

Product Quality

Customer Support

Value for Money

Ease-of-use
Usability
Functionality
Functionality
Product Quality
Quality
Value for Money
Value
Support

This program is easy to learn with practice, practice, practice. The Techs are always helpful and kind and do not mind answering questions. It also, has a help tab that gives great instructions. The only drawback is no written manual. Some people learn faster from reading about a procedure and then by doing it.

Pros

We were able to give them our forms and incorporate them into their program

Cons

No written manual.

Source: Capterra
 

ana from Viamonte
Number of employees: 11-50 employees Employees number: 11-50 employees

February 2017

February 2017

Great Website

Ease-of-use

Functionality

Product Quality

Customer Support

Value for Money

Ease-of-use
Usability
Functionality
Functionality
Product Quality
Quality
Value for Money
Value
Support

Overall, this website is easy to use and customer support always helps out when you need it right away. I mostly use the accounting tab the most, I think the only problem I have when using it is the slowness. From the start they told us to use Google Chrome because it will run faster and I've used it from the start, however it still goes slow. Not too slow but does effect my work speed at times. I depend on Property Matrix 50% of my day, so it would help me out better if the speed can be increased. That is the only complaint I would have using the system. Other than that, it has all the features that I need to succeed at my job. I would recommend this program to other property management companies. I like how not only one department can use this, but everyone here in the office and maintenance guys can use this website.

Pros

Every department can use it

Cons

The slow speed

Advice to Others

Just to improve the speed if possible

Source: Capterra
 

Lori from 1st Choice Real Estate
Number of employees: 2-10 employees Employees number: 2-10 employees

February 2017

February 2017

my Experience

Ease-of-use

Functionality

Product Quality

Customer Support

Value for Money

Ease-of-use
Usability
Functionality
Functionality
Product Quality
Quality
Value for Money
Value
Support

I have been a member since the year started. I really like the fact that someone is there to correct anything that I need in timely manner. They respond very quickly. I also like that its always the same person. Im still learning, but its not that hard. Everything is very accurate and easy to learn. I think we will be members long term. Property Matrix gives all types of documents which come in handy when needed. My favorite part is, how fast their response is when I need help. AWESOME!

Pros

the responses from your employees

Cons

i like everything

Advice to Others

Only that I will be recommending others!

Source: Capterra
 

Brad from Tread Companies
Number of employees: 2-10 employees Employees number: 2-10 employees

January 2017

January 2017

Amazing customer support

Ease-of-use

Functionality

Product Quality

Customer Support

Value for Money

Ease-of-use
Usability
Functionality
Functionality
Product Quality
Quality
Value for Money
Value
Support

Support readily available to chat/email, held my hand through the entire process. Accounting functions are great, tenant tracking function is even better. Love how I can include pictures of the various units and buildings. Brought in an additional employee and she was able to catch up to speed in just a few days without prior experience. I've used Yardi, MRI, Appfolio, Jenark, Rent Manager and probably a few others that I can't even think of right now and Property Matrix is easily the most user-friendly option

Source: Capterra
 

Rebecca from Rockella Management
Number of employees: 1 employee Employees number: 1 employee

January 2017

January 2017

GREAT ASSISTANCE & COSTUMIZED TOOLS

Ease-of-use

Functionality

Product Quality

Customer Support

Value for Money

Ease-of-use
Usability
Functionality
Functionality
Product Quality
Quality
Value for Money
Value
Support

We are a new business and started with Property Matrix only few months ago. It took a little bit to get used to the system and to upload all the information but we had a technician assist and help us throughout the whole process and still now he is our referent. Never felt left alone and all issues were always addressed. The reports & accounting tools can be costumize according to the company needs.

Pros

Costumer Service is great.
Costumize reports.

Cons

Uploading information in the system process a little hard

Source: Capterra
 

Michelle from Rubin Properties

January 2017

January 2017

Still the BEST Selection!

Ease-of-use

Functionality

Product Quality

Customer Support

Value for Money

Ease-of-use
Usability
Functionality
Functionality
Product Quality
Quality
Value for Money
Value
Support

Our company is new to Property Matrix but so far, we are loving this system! As the bookkeeper for our three properties, I searched high and low for a software that could meet all our needs at a reasonable price. We are so excited to be using this software because it's a one stop shop. We couldn't be happier with the support and service from the start. I'm confident this is the one for your company as well, save yourself (and your staff) time and headaches. Try it, you have nothing to lose!

Source: Capterra
 

Marcia from Glozal Village
Number of employees: 51-200 employees Employees number: 51-200 employees

January 2017

January 2017

Very Excited Client

Ease-of-use

Functionality

Product Quality

Customer Support

Value for Money

Ease-of-use
Usability
Functionality
Functionality
Product Quality
Quality
Value for Money
Value
Support

Glozal Village is a small Management Company with 53 units. I have had the pleasure of working with an agent, he has been extremely patient and well knowledgeable of the software. He is always ready and has an answer when I'm feeling as if I'm unsure of what I'm doing. He never makes me feel as if I'm moving too slow, or I should have gotten that by now. He is such an awesome instructor.

Pros

User friendly. Once you start using the program its easy to catch on.

Cons

No problem so far.

Advice to Others

Make it easier to print individual ledger for each resident

Source: Capterra
 

Paul from Professional Realty
Number of employees: 2-10 employees Employees number: 2-10 employees

January 2017

January 2017

First 2 months

Ease-of-use

Functionality

Product Quality

Customer Support

Value for Money

Ease-of-use
Usability
Functionality
Functionality
Product Quality
Quality
Value for Money
Value
Support

In general a manual would be helpful or a FAQ sheet - terms are different but we can work thru
Maintenance portion seems to work very well and I'm looking forward to utilizing its full potential

Pros

flexibility of the program - willing to add changes

Cons

Terminology is confusing - No manual -

Advice to Others

Support is awesome - set up is good - teaching process should be mandatory 2-3 times weekly

Source: Capterra
 


December 2015

December 2015

Seamless Application With an Effectual Maintenance Feature

Ease-of-use

Product Quality

Customer Support

Value for Money

Ease-of-use
Usability
Product Quality
Quality
Value for Money
Value
Support

As a part time property manager, I had to search widely for a comprehensive but flexible and user friendly property management software to ease my work and reduce trips I make to properties I manage. After reviewing close to 20 of the top applications, I narrowed my focus down to 5 apps, before ultimately settling on Property Matrix largely due to their responsive support team, simple user interface, and excellently optimized accounting, marketing and maintenance features.

Because of its systematically organized Maintenance feature, I’ve cut down on the trips I make to my properties by almost 75%. Firstly, instead of waiting for phone calls from tenants, all maintenance requests can be raised straight through the tenant’s portal. I immediately pick it up from there through the ‘Maintenance’ tab and edit a couple of details before using the ‘Choose Vendor’ option, which interestingly is linked to Property Matrix’s vendor app. This allows the vendors to proceed with the checks and repairs, change status of pending maintenance and issue invoices right through their portal. Eventually, I usually choose to either pay the invoices or pass the charges directly to the affected tenants, depending on the tenancy agreement.

At the end of the day, all the parties involved are satisfied by the ease and convenience of the Maintenance feature. Thanks Property Matrix! Keep it up.

Pros

Comprehensive
User Friendly
Responsive and Friendly Customer Support
Linked to a wide range of other extremely useful apps

Cons

None that I've experienced so far.

Source: GetApp
 

Debbie Number of employees: 1 employee Employees number: 1 employee

December 2015

December 2015

Powerful property management software at a reasonable price

Ease-of-use

Product Quality

Customer Support

Value for Money

Ease-of-use
Usability
Product Quality
Quality
Value for Money
Value
Support

As a sole proprietor of a property management company, I've found it difficult to stay on top of all my responsibilities outside the office. I was spending too much time at my desk entering data, answering email, and printing reports to properly manage my properties. Property Matrix software changed all that. The cloud-based program allows me to access data from any location and device. All my data is on one screen, so I'm always current on what's happening. I can view all building information, specific unit details, rental history and even add photos to the Properties Page.

Pros

Customization is critical in my business. I have multiple properties and owners, with each requiring different information. The Property Matrix software allows me to add the details I need so my owners (and tenants) can obtain the most current information possible.

Cons

I'm very pleased with the overall performance of this software. The only small critique I have is that the custom background themes are a little difficult to read. A few more choices would be nice other than white and blue. This is purely aesthetic and doesn't affect the performance of the software.

Source: GetApp