Best Property Management Tools

[Gaurav Bhasin]

Hello Everyone, so I have one fourplex and looking to close on another one in a month. Started my purchasing process in March after listening to podcasts and audible books from Dec to Feb. One of the things that @David Greene and @Brandon Turner mention is to have a process in place. So my question is since I'm looking to grow and want to have a process, what property management software should I use. Below are some of the ones I've run across but not sure about which one to go with and why. Any assistance based on experience is appreciated.

https://ntnonline.com

https://www.buildium.com/

https://www.hemlane.com/pricing

https://www.stessa.com/

https://www.freshbooks.com/

https://www.rentmanager.com/

[Nathan Gesner]

I think you should spend very little on software. TenantCloud or Cozy.co are two options that cost very little. They can keep track of tenants and maintenance, help with marketing and screening, collect online payments, and much more. That's all you need.

Once you get around 20 - 30 rentals, then you'll have enough work that processes become more important. You'll also have experience as a Landlord and with software. That's when you should put the energy into researching the different options and finding a solution that works for you.