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Updated over 6 years ago on . Most recent reply

User Stats

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4
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Stephen Page
  • Rental Property Investor
  • South Carolina
4
Votes |
5
Posts

Rental Property Software

Stephen Page
  • Rental Property Investor
  • South Carolina
Posted

Hey guys! I would love some feedback from you all. I currently have 12 Rental Units. None of which are setup on any sort of rental app or online payment system. I know, i’m Stuck in the stone ages... In fact they still mail the checks to my P.O. Box. Haha. 

Anyway, I’m ready to get things cleaned up and streamline things so that as i grow, i can just add them into my systems. 

I am gravitating towards Buildium and Cozy based on what i have seen. Does anyone have any recommendations or preferences for these? I do plan to scale my business so i’m Not sure if one is better than the other for long term purposes. 

Any help or ideas is appreciated. Thanks! 

Most Popular Reply

User Stats

546
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227
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Rob B.
  • Chicago, IL
227
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546
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Rob B.
  • Chicago, IL
Replied

There are a lot of helpful tools out there that can help you to bring a certain level of automation and transparency to this process, which is important especially when trying to bring yourself out of the stone age as you so eloquently stated it lol :) I'm sure you're experiencing now the challenges of having everything in different places (ie. using one tool to collect rent, another tool to sign leases, another tool to track the process, etc.) it can start to become a hassle. Definitely consider an option that allows you to achieve all of these steps in one place (ie. keep track of things like rent payments + leases, but it also offers several other tools as well -- the ability for tenants to build a credit score up to 40+ points for on-time rent payments with our CreditBoost feature; which can be enticing for them as they are new student renters); and lastly offers maintenance ticket tracking with automated messaging). Again, sounds like you're about to make a big decision (shouldn't be taken lightly). Again, you may run into transfer limits with some of those other apps when it comes to paying rent. @Stephen Page

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