What is the best Landlord Software

Question

Does anyone have any recommendations for the best Landlord software?? Some features I would like included besides the basics would be the ability to pay rent online with a credit card/ ACH, do credit checks and so forth. Has anyone used Rent Direct?

Jeff Smith · Answer

Same as Andrew, I'm using Cozy to manage my one house and will use it to manage up to a few more before I start looking into other software. I do have Quicken on the side for accounting purposes. If I get to the point where I am retired from my current job and take up real estate full time, I'll look into some software that integrates all of those functions together. But take a stab at Cozy first as it has a free online payment system and can screen potential tenants.

Shane H. · Answer

Check out Innago and Unitdash. I have been trying both and am still on the fence but am leaning towards Unitdash as it allows me better tracking of bi-weekly payments, will mail letters for you, and doesn't require such an in depth set up process. Innago has a better user interface in my opinion, but they have a pretty in depth process to get initially set up and they are still growing their abilities so don't have bi-weekly rent payments as an option yet. (not to be confused with Semi-monthly which they do have).

Oh and both are free. Innago only charges to set up your tennants with auto pay which is very fair for everything they offer. Unitdash charges for some added services if you choose to use them (auto pay, mailing letters, texting through the app, etc...) which is also more than fair as the prices for those features is very low in my opinion. I think it's like $2 ish to mail a letter from the app. For me, saving the stamp and effort of printing and putting said letter in the mail is well worth $2ish.

I'm still trialing both options so i can't really give a clear winner one way or another, but either one is a great option in my opinion.

Hope this helps!

p.s. - I just started trying Cozy as well, but so far it seems to be primarily geared towards listings, screening, and rent payments but not so much focused on organization and management of your rentals. Just my initial thoughts though, still trying that one out too.

Jeff Smith · Answer

That's true, the larger managers do use AppFolio, but it ain't cheap to the tune of $250 per month at minimum! As long as you are comfortable paying the subscription fee and you are still cash flowing, there's no reason you can't go with AppFolio if that's what you like and makes your business ultimately better for it. But if you can utilize the information out of Cozy for free and save those couple hundred bucks, it's just another thing to consider.

Anton Ivanov · Answer

@Zachary Caudill

I've heard good things about Cozy for small landlords as well (never used it myself). All of the large-scape PMs use AppFolio that I've worked with and I personally like their reports the best.

Andrew Kerr · Answer

@Zachary Caudill Its a pretty broad question and a lot will depend on your situation. I like Cozy.co if you only have a handful of rentals. Once you start getting a dozen or more it starts to make sense to look at Buildium which I am a fan of. Then once you get really large, Buidlium, Appfolio, Yardi are some of the big players.

What is the best Landlord Software

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