Best Prop Management Software for Accounting/automation, oln rent pmt & tenant screen

[Timothy Heck]

Hello Bigger Pockets family, I'm a longtime Podcast listener, 1st time poster.

I'm trying to get user opinions on the best Property Management software for Accounting/Backoffice automation (posting the accounting while paying vendors/accepting payment) as well as online payment (I use zelle now but worry about eviction issues later, also I don't want to wait more than 3-4 days to get a payment. (also I should mention I'm a CPA/accountant, been using QuickBooks desktop since I took over for my dad, he passed away 2 years ago so now I'm up from 4 doors to 11 with my 80 year old mom who's home health aids are the biggest cost to us, she's getting hip replacement surgery on Wednesday....so I'd rather ask my BP team to get this right the first time.

I'm willing to pay for software, don't charge an egregious float on top of that.  Also should I worry about reviews on the apple app store?  Rentredi reviews there give me pause....)

Also with screening tenants, we are evicting a hoarder so I would like to make some of that online and not having people do manual applications, did I mention I live in Long Island and go to NJ 1-2 x a month to collect the rents and meet with our aging bookeeper who is tired after faithfully helping my parents for 13 years.

Review sites (landlord guru, getapp have mentioned Rentredi,  Rentec Direct, TurboTenant, Hemlane.....I have a sales call into Rent Manager, from what they say it would be $200 a month but we gross $14k if everyone pays so that would be a little over 1%.  I just want to get the best value & get payments clean if tenants pay online (only 2 of 14 do now via Zelle).  I don't mind a nominal Ach fee if we have to.  Please folks for my Mom and I's sake please help us out give us the good bad & ugly.

Tim H (Jersey boy in Long Island)

[Randall Alan]

I can't say enough good things about Rentec Direct.  It's less than a couple of dollars a door per month, and you get your ACH payments with no deductions in ONE DAY! (Even though it takes them 3-4 days to actually settle them.)  They advance you the money in anticipation of it clearing (and reverse it out if something bounces.)  The program offers  a tenant facing web portal to pay their rent, can accept credit cards and you can charge the fee to the tenant, will do tenant screening for a minimal cost (again, can charge the tenant), does pretty much full accounting, and the list goes on and on.  We run 37 doors on it and pay less than $60/month.  It is by far my favorite landlord tool I use.  It has a very simple, intuitive interface that is easy to use.

All the best!

Randy