Rental property management software is one of the most important things when you own a rental property. It will help you manage all the details of your business and keep track of all the properties. For this reason, you should take some time to review the different options available to you.
Hemlane
Hemlane rental property management software is an all-in-one solution for property managers. Designed for long-term residential rental units, this system includes tools to help automate tasks, reduce costs, and make rent collection easy. It also provides tenants with an automated reminder system.
Hemlane helps streamline maintenance, rental applications, and advertising with a suite of tools. Using an intelligent algorithm, the software offers suggestions on applicants to accept or reject and tracks unit vacancies and income.
Hemlane has a tenant portal that allows tenants to view fees and make payments. In addition, the software lets you manage several leases at once. You can also set up maintenance requests, schedule inspections, and document your leases.
Buildium
Buildium rental property management software offers a range of features that are easy to use. These include maintenance tracking, financial reporting, and payment processing. They also provide an online portal for tenants and owners, which makes it easier for residents to submit requests and pay rent.
The Buildium website is mobile-friendly and provides a good user experience. The site also includes accessibility adjustments to make it easier for blind and low-vision users. It also has a free trial for new customers.
Another nifty feature of Buildium is its rental properties directory. This allows you to list your rental units on popular sites. You can also create your web-based portal and list your units.
Re-Leased
Re-Leased is a rental property management software streamlining business processes and automates time-consuming tasks. It integrates your company’s document storage, compliance management, and financial reporting. It can also be used to analyze the performance of your properties.
The system is designed for managing commercial and mixed-asset properties, such as residential, HMO/multifamily, and retail properties. It also supports tenants. The system has a bespoke app for tenants that can help keep track of maintenance, inspections, and leases.
Users can access the Re-Leased platform through a web browser or a mobile application. The application is compatible with Chrome, Safari, and Internet Explorer.
LeaseRunner
LeaseRunner is a comprehensive tenant screening service that helps landlords to find and qualify the best tenants for their property. It features free rental ads, a digital rental application, and a credit check tool that provides a full credit report, nationwide eviction report, and other tenant screening services.
Founded in 2011, LeaseRunner is a Denver-based tenant screening company driven by the goal of improving communication between tenants and landlords. In addition to its full-service tenant screening solution, LeaseRunner offers other tools, such as a rental listing ad syndication system and a comprehensive lease document library.
The LeaseRunner website is easy to navigate and contains a comprehensive support center. Customers can also get help by email or phone. Customer service is available from 8 am to 5 pm Mountain Time.
Yardi
Rental property management software provides rental property owners and managers with the tools they need to manage their properties. Many different kinds of rental property management software are on the market today. This track and manage commercial, residential, and affordable housing properties.
Some of the most popular rental property management software solutions are AppFolio and Yardi. These two platforms have a lot of similarities but also offer a variety of unique features. For instance, Yardi’s Electronic Payment module automates the process of tenant payments. It also scans tenant credit cards and puts funds into account quickly.
Other notable features of the Yardi suite include Budgeting and Forecasting. This feature allows users to create accurate budget projections based on actual leases. They can also display the data in a standard spreadsheet format.
Appfolio
Appfolio is one of the most advanced property management software products out there. It’s available online and as an app. With it, you can manage your whole portfolio, from leasing and maintenance to tenant communications. You can also track rental contracts, collect payments, and keep track of inspections.
This is an excellent solution for landlords with multiple properties. However, it can be pretty expensive if you have a smaller portfolio. In addition, you’ll need to pay the monthly subscription fee to make it work.
Some features include an online lease, online payments, and analytics. In addition, the landlord can customize the site. Besides, the software also automates deposit adjustments.