Buildium vs AppFolio for Larger Portfolio
Hello all, I am looking at the various property management software companies and believe I have narrowed down to Buildium and AppFolio for my needs (also considered Yardi Breeze, Rent Manager, Rentec Direct).
I have seen multiple people post to go with AppFolio for a larger portfolio over Buildium, specifically have seen people say to go with it if your portfolio is 150 units+. I currently own and manage 300 units (made up of a few larger apartment complexes) and want software that will work well if I were to double or triple to 600-1,000 units. In comparing the two, it seems to me that Buildium has more to offer at a slightly lower price point and want to ask if people could please elaborate on why they feel AppFolio is better for a larger size portfolio?
The benefits I am seeing with Buildium include:
-Free Website (whereas you have to pay for one with AppFolio)
-Seems to be better accounting program, with transaction automatically synced with your bank at reconciliation
-Quicker rent deposit processing time (1 business days vs 2-4 with AppFolio)
-Cheaper onboarding fees
-Application fees can be paid by prospective tenants using ACH (not just CC)
Those pros at a cheaper yearly fee and so far haven't seen a benefit AppFolio has that Buildium doesn't. Would love to hear the reasons why multiple people have said that AppFolio is better the larger you get as I want to see what I am missing in my comparison!
Thanks so much!