With mobile technology working in conjunction with cloud storage, and cheap, available software on our laptops, desktop and portable devices, you now have many more software packages for managing your property portfolio available. Anybody with a bit of knowhow can put an app together and it seems that property management has been made easy with these following apps and software. Some are paid but there are also some free options here too.
Property Portfolio Software
Unimaginatively titled perhaps, but to many landlords, this is the essential software package for managing your property portfolio. It has a vast number of features including keeping a close eye on rent arrears, send out warnings to late payers, an integrated account system, tax advice and legal documentation templates. It can even help you analyse property profitability and performance and work out your tax liability, making your end of year finances easy to manage and calculate.
This is an award winning package that comes highly recommended from the industry, but it comes at a cost and there is no free option. The good news is that you can buy it as a package or pay a monthly rental fee.
Buildium
This is amongst the highest rates web based software packages for managing your property portfolio. As a paid web-based package, there are a number of options to suit your requirements and the size of your portfolio. It helps you schedule maintenance, manage rent collection and keep a close eye on vacancy rates. For those who choose to seek potential tenants online, you can easily manage screening of candidates so you can run background checks once you’ve had applicants from Pads for Students. This is one of the most popular packages available.
Landlord Vision
This software package for managing your property portfolio features prominently on the RLA website so it’s an indication that this comes highly recommended by people like you. It offers such features as one touch portfolio reports, easy management of rent and maintenance and a full accounting solution. It’s cloud based, so a computer crash means you won’t lose all your data. You can also download a mobile app to manage your property on the go. There are three pricing options, a free package and two paid– each offering increased benefits depending on your need and the size of your portfolio.
ResMan
The highest rated of all software packages for managing your property portfolio that we were able to find claims to be “designed by and created for property managers”. It is a single integrated tool for mobile and conventional devices that doesn’t require additional modules. It’s a new breed of business tool making integration and ease of use highly important while not losing functionality. It allows you to manage the finances and keep track of all properties and tenants with outstanding monies to pay. There are extra benefits in that your tenants may also use it to check their own balance and even pay you.