If you’re a landlord, or you’re looking to become a landlord, then one of the things that you’re going to need to think about is property management software. A common mistake that people make is not investing in this, and then they find that they are having problem upon problem with admin, tracking, and more. Even if you don’t have one property, having a property management solution is the best choice for you, as it helps keep things simple.
The problem that a lot of people run into though is that they don’t want to do the necessary research to ensure that they are getting the most out of the software, and that they are choosing the right one. But, that’s a lot to do when you already have a business to run, so we thought that we would take some of the pressure off for you.
Down below, we’re going to be looking at some of the best property management solutions, and how you can choose the best one for you. Want to find out more? Let’s get into it.
TurboTenant Property Management
For landlords that have decided they want to manage on their own, TurboTenant has software that allows the landlord to do this without any added stress. However, for those who want to go for a more hands off approach, TurboTenant has property management services that ensure landlords can be involved as much or as little as they like.
The reason that TurboTenant is such a fantastic option for all landlords is because it’s so flexible, as we have shown you. There isn’t anything that they can’t do on the property management side of things, but they are also happy to simply provide solutions for landlords who want to largely manage their properties themselves.
Pros:
One of the best things about this company is the fact that they are so flexible as we’ve mentioned. Whether you want a company that is hands off, or a company that takes over for you when you no longer want to do this on your own, they are there to provide for you.
They are also often seen to be lower priced than some of the other options on the market. But, they do this without having to compromise on quality, which makes them a fantastic choice.
As well as this, their landlord management platform is also extremely strong, different to other companies that try to offer flexible solutions to their clients. And, their full-service option still allows landlords to choose their tenants.
Cons:
One of the downsides of this company could be that they are better with small landlords, rather than larger companies. So, if you have a large portfolio, then this might not be the choice for you.
Some users have reported that their customer service is not the best though. You could find yourself waiting for a response, and this can be frustrating if you have an issue or something that you want to be dealt with asap.
Innago
The next option that we’re going to talk you through is Innago. It’s generally seen as one of the best free options for landlords to manage their own properties, so if you’re interested in managing your own properties, then this could be a fantastic option for you.
When choosing this option, you get truly good value compared to the other options on the market, and while it might be fairly basic, it’s worthwhile for those who want that, and don’t want to make the whole process more complicated than it needs to be.
Pros:
Arguably the best pro is that it’s completely free to landlords. Most of the core features are free, and they make their money through a few different methods such as tenant screening and others. This makes it fantastic for landlords, especially those who are trying to stick to a budget.
It’s also extremely easy to use, which has to be a huge selling point. Nobody wants to get caught up struggling with the different elements of a platform, or an interface, so it’s a good thing that this isn’t an issue with this company.
It’s extremely positive for those who want to solo manage their property.
Cons:
On the downside, customer support can be somewhat of an issue. According to reports, they’re not the best at responding to customers when they have issues, so you may have to wait for a resolution.
TenantCloud
Another option that sits firmly in the middle and tries to offer as much as they can is TenantCloud. It’s a mixture of a landlord management platform, and a property management solution depending on what you need from them. It tends to work best for those who are small-time landlords, but you’re no longer wanting to use spreadsheets to manage what you do have.
Pros:
While it’s not free like some of its competitors, it offers more than those free platforms can. There are far more tools and features available, which makes it more appealing to those who want more than the bare basics.
There are also multiple pricing tiers, meaning that those who have different budgets will be able to afford different versions of this platform.
Cons:
There have been issues with payment processing delays in the past, and as such this has caused issues for the platform in the past.
Some people have also found that the interface is not that easy to use, which means that there is a steeper learning curve than some of the other options.
We hope that you have found this article helpful, and now see some of the best property management software solutions on the market at the moment. While sometimes it takes time for you to find the option for you, hopefully one of the ones that we’ve put on the list appeals. Just conduct a little further research into the options that we’ve given you, and you should be all good to go, finding the one that will work best for your current situation.