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The 5 Best Property Management Software of 2021

The Best Property Management Software

The world is changing to match the digital age. It’s no surprise that real estate has followed suit. Property management software is one of the greatest changes for landlords. 

The days of physical checklists and filing reports are long gone. Good property management software eases the challenges of daily tasks. Landlords can better manage their tenants and staff with the right tools.

Property owners can raise production and lease more units with the right software. This increases income.

But which platform is right for your property? Explore the top companies and discover which one best suits your needs. 

Buildium

This service solves every pain point raised by property managers. Buildium is a simple platform that can be used in any location. This feature makes it ideal for residential and association property managers. 

Through Buildium, property owners can: 

  • Manage lease application approvals
  • Review and resolve maintenance reports
  • Oversee payments
  • Update expenses
  • Receive online payments

The cost to use this software depends on the number of units you manage. The price starts at $50 per month for 150 units and caps at $1,080 per month for 5000 units.

AppFolio 

AppFolio is a proper one-size-fits-all software. Properties of all sizes will benefit from using this platform. Landlords choose the monthly plan that includes the features best suited for them.

This platform sets property owners up for success. A mobile-friendly app is included for on-the-go property owners. This makes the software easy to use.

Features include: 

  • Rent collection
  • Resolving maintenance requests
  • Accounting software
  • Marketing integration tools for third-party platforms
  • Utility billing
  • Tailored online leases

MRI Real Estate Software

MRI Software is an experienced and reliable company. Since 1971, they have been delivering innovative real estate tech solutions. Their portfolio includes decades of loyal customer ties.

This easy-to-use platform is best suited for commercial spaces. The price of each unique platform is designed to each property owner’s needs.

Features include: 

  • Online rent collection
  • Tailored leases
  • Accounting
  • Maintenance requests
  • Communication with tenants
  • Room tracking
  • Credit risk management

Yardi Breeze

Yardi Breeze is a match for small to mid-sized portfolios. This software’s appeal lies in its features. These features create an easier way to manage your money, tenants, and staff.

These features include: 

  • Online rent collection
  • Rent applications
  • Accounting
  • Marketing with Rent Café
  • Activity calendars
  • Renter’s insurance
  • Outsource payments
  • Communication with tenants
  • Move-in and move-out workflow sheets
  • State-based lease templates

Yardi Breeze includes a photo-integration feature within the platform. Tenants can use the feature to have photos in maintenance forms.

This software’s pricing starts at $1 a month with no minimum or maximum units. The minimum monthly price is $100 for residential and $200 for commercial. 

TenantCloud 

For those looking to get started with a smaller budget, TenantCloud is for you. This software offers tiered pricing, and the basic package is free. If you are looking for free property management software, TenantCloud is the best for tenant and landlord. So, you can easily pay rent online or receive payments online. The standard package is $9 per month for 150 units. The advanced package is $39 per month for 500 units.

Features include:

  • Online rent collection
  • Lease templates
  • Rental applications
  • Insurance reminders
  • Service reminders
  • Maintenance requests
  • Screening
  • Reports
  • Accounting

This service is made for new landlords or small property owners. TenantCloud is available as a mobile app for both Android and iPhone. 

What Is the Best Property Management Software? 

The best software can better your efforts in managing your properties. Choose from the best services that are right for your team. This software will keep all of your important information in one easy-to-use tool. Anyone on your team will have access to this information depending on which tool you choose. Working with digital software brings your team up-to-date with all tasks. It also allows your tenants to stay informed. 

With the right digital platform, you can increase your income and keep your tenants happy. These five software companies have their top-selling points. Each one has its pros and cons. It’s up to you to decide which service is the best fit for your properties.

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Written by Editorial Staff

Editorial Staff at DoubleMesh is a group of industry expert writers led by Kirushananthan.