Landlord property management software can be downloaded or cloud-based. LandlordMAX is a simple downloadable program with advanced accounting capabilities, RentPost is a cloud-based tool for rent collection and management, and Buildum is a web-based platform for portfolio, community, and rental management.
The two broad categories for landlord property management software are downloadable programs and cloud-based programs, also known as web-based software. Any type of software tailored for landlords will meet the essential needs of this population, including tracking landlord responsibilities and maintaining landlord contract records. Currently, there are three main companies in the property management software space: LandlordMAX, RentPost, and Buildum.
LandlordMAX bills itself as one of the simplest property management software in the industry. With clear installation instructions and an installation time of less than 15 minutes, this software is simple to learn and use for novice property managers. Prices start at $165 US Dollars (USD) and stay the same for anyone, whether they’re a board member of a homeowners association, or an executive at a large urban condominium.
Some of the features of the LandlordMAX program include advanced accounting capabilities, graph and pie chart reports, and email integration. Managers can email their tenants directly from the downloadable program. Reporting features include cash flow analysis over time, security deposit reports, and other reports needed to effectively manage your property.
RentPost is a cloud-based tool that was launched in January 2011. This particular landlord property management software seeks to help landlords and property managers control every aspect of their businesses. The firm’s founding partners created the site because they saw a need to streamline the rent collection process.
This payment and management platform offers innovative solutions for landlords and property managers to track rental payments and other management issues. RentPost provides seamless electronic payments and an intuitive interface for users to log in and use. Web 2.0 ideals, such as social media, high speed broadband, and a focus on user experience are fully on display with this company. There is also a RentPost blog that is regularly updated by contributors who submit articles relevant to the challenges landlords and property managers face, such as effectively navigating the landlord-tenant relationship, writing contracts, and the dynamics of the rental market.
Buildum is another web-based cloud computing platform that claims to handle over 300,000 units and has a high customer satisfaction rate. The number one goal of the company is to facilitate management in all its forms including portfolio management, community management and rental management. In addition, Buildum offers a full range of monitoring features and activities. For example, it’s easy to identify and fill unit vacancies, as well as generate and track maintenance orders.
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