Hello Everyone, Please recommend a great software for landlords. Thank you.

I have only a hand full of properties and I use truerent. First 50 Units are free. Liked it so far.

I've used Buildium for residential, and loved it then. Now..I'm using it to manage almost $200m worth of NYC office buildings. It's a very capable software and the best thing about it is they are constantly improving. Even for a small portfolio it gets the job done, and is there to "autopilot" your job. With oversight of course.

@Sarnen Steinbarth I like it so far but have not gotten too in depth with it yet. I have gone to Fiverr and had some people help me customize the GL's for my rental portfolio etc and started entering asset values. My objective is to start using it full time Jan 1. That will let me wrap up my last project for a while and I can quit comingling funds etc because up to now I have been paying for things out of whatever account or credit card was convenient and just submitting receipts. An issue with Xero is that not many people in my area use it. All teh full time accountants I know and have talked to about using going forward all use quickbooks and aren't familiar with Xero. That said, with it's cloud based model, I am able to find someone outside of my area and leverage their services. I like their plug ins, their newer look and price point for cloud based software. I decided against Quickbooks online due to their tiered pricing model and higher cost in order to integrate with Shoeboxed etc. Wave is not robust enough for real estate with cumulative depreciation etc.

Have used Buildium for 5 or so years - second this comment and think the software would scale as your business grows --- the keys to success with them I believe are using the full suite of features they offer -- ie keeping your books, and keeping them correctly, online payments, online applications, and getting vendors on board with online invoicing/payments.

Dectia's rental propety management software works well for us. Manages both single and multi-family and comes with both single owner and multiple owner licensing. Free download for evaluation.

16 units and quicken property manager - about $150. needs "upgrade" of course every 4-5 yrs.. not perfect, but it does the job.

1 building 2 appfolio 3 yardi. They all cost around $2400 per year

Thank you guys for the information. I will check out the programs recommended.

Best Property Management Software?Best Property Management Software?

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