10 Property Management Software To Grow Your Investment

Are you looking for the best property management software to help you grow your investment? You're in luck! This article will offer valuable insights and recommendations on the best options currently on the market.

10 Best Rental Property Management Software

Rental property management can be complex and time-consuming, requiring landlords or property managers to complete maintenance requests and undertake resident screening, rent collection, and financial reporting.

Fortunately, rental management software solutions that streamline and automate these processes make it easier for property managers and maintenance supervisors to manage their residential properties efficiently. Here are our top recommendations.

1. RentCheck

RentCheck is a cutting-edge property software that revolutionizes how property managers conduct rental property inspections. With RentCheck, managers can automate their property inspection process, saving time and effort.

But it's not just property managers who benefit from RentCheck – residents also get the power to conduct their inspections, making the process more efficient for everyone involved.

Features And Benefits

• Resident-led inspections: Save time and money by letting residents perform inspections.
• Automated reminders: Never forget about an important rental property inspection again.
• One-step scheduling: Easy scheduling ensures you can focus on what matters most.
• Consistent and time-stamped reports: Simplified record-keeping ensures that you're on top of every detail.
• Easy Integration: Upload existing units through easy imports or integration.
• Customized inspections: Design inspections around your property.

Pricing

It is recommended to visit the RentCheck website or contact customer support for detailed pricing information. However, it’s easy to start a free trial today.

Best For

RentCheck is best for property managers and residents. It automates the property inspection process, saving time and effort.

This app provides a comprehensive report with photos, making it easy to compare move-in and move-out reports, identify any damages or issues, make informed decisions regarding security deposits, and track maintenance requests.

Maintenance supervisors can also benefit from RentCheck. It allows them to view inspection reports and prioritize maintenance notifications. This app helps plan and schedule maintenance tasks efficiently. It helps ensure proper maintenance of large rental portfolios and compliance with safety and health regulations.

2. AppFolio

AppFolio is one of our favorite rental property management softwares. It offers a comprehensive suite of advanced features to assist property managers in optimizing their operations.

With AppFolio, you can efficiently handle various aspects of property management, including marketing, leasing, and accounting, all within a user-friendly platform.

The software also provides a portal to pay rent online, make maintenance requests, and communicate with managers. It is a convenient option for both landlords and tenants.

Features And Benefits

• Integration with RentCheck: Integrate Appfolio with RentCheck to allow residents to complete property inspections.
• Easy accounting: Enjoy easy accounting with features such as online rent payments, utility billing, and lease tracking.

Pricing

AppFolio offers pricing tiers based on the number of units you manage. Pricing starts from $280 per month.

Best For

AppFolio is best for those overseeing multiple units. It provides customizable reporting and analytics features that enable informed decision-making and improved operational efficiency. Take a deep dive by reading our Appfolio Property manager review and see why it’s one of our top property management tools.

3. Buildium

Buildium is a popular MRI software alternative. It offers a robust set of features for maintenance supervisors. It provides accounting, leasing, maintenance, and communication tools, making it a comprehensive solution for managing commercial properties.

Buildium also offers a mobile app, allowing maintenance managers to access their accounts and perform tasks on the go. It is a convenient option for busy professionals that have to go from one property to the next.

Features And Benefits

• Provides comprehensive tools for managing rental properties, including property accounting, resident screening, lease management, and maintenance tracking.
• Property accounting: Features a robust accounting module with tools like income and expense tracking.

Pricing

Buildium offers pricing plans based on the number of units you manage. Pricing starts from $52 per month and there is a free trial period.

Best For

Buildium suits property managers who want a comprehensive MRI software solution with accounting, online rent payments, and maintenance management features. It's also ideal for those who value accessible communication with residents through a resident portal.

4. Propertyware

Propertyware is a property management software offering accounting, marketing, and all the other essential features for cloud-based property management. It also includes a resident portal for online rent payments and communication.

Propertyware is also suitable for managing community associations, providing tools and functionalities tailored to their unique needs.

Features And Benefits

• Comprehensive tools for managing rental properties.
• Convenient online rent collection from residentes through various payment options like ACH transfers, credit cards, and eChecks.
• Resident screening tools for credit checks, background checks, and eviction history.
• A robust accounting module for income and expense tracking, budgeting, financial reporting, and tax management.

Pricing

Propertyware offers pricing plans based on the number of units you manage. Monthly pricing starts at $1 per unit with minimum monthly fees of $250.

Best For

Propertyware is ideal for rental property supervisors who want a comprehensive software solution with accounting and marketing features.

It's also ideal for those who value a resident portal for online rental income and communication and who need the convenience of a mobile app for on-the-go management.

5. Guesty

Guesty property managing software offers accounting, online rent gains, and more features. It also includes a resident portal for accessible communication and self-service options for residents. There’s also a Guesty app for convenient management, no matter where you are.

Features And Benefits

• Features for accounting, online rent payment, and maintenance management.
• Residents' portal for accessible communication and self-service options.
• Mobile app for convenient, on-the-go management.
• Customizable reporting and analytics.

Pricing

Guesty offers property management software with pricing plans that include a commission-based model, where a percentage of booking fees is charged or a fixed monthly fee per property.

Customized plans may also be available for larger property management businesses with unique requirements.

Best For

Guesty suits rental property professionals looking for cost-effective cloud-based software with accounting and upkeep management features.

It's also ideal for those who value a resident portal for accessible communication and responsive customer service options for residents.

6. RentManager

RentManager offers property managers many key features, including owner and resident portals, accounting, communication, maintenance tracking, etc.

RentManager also provides a convenient mobile app. This allows property managers to effectively manage their properties while on the go, providing flexibility and ease of use.

Features And Benefits

• Accounting Tools for efficient financial management.
• Communication tools for seamless interaction with residents.
• Maintenance tracking for streamlined cost tracking.

Pricing

Basic plan pricing starts from $1 per unit with no additional cost, and the plus plan starts from $1.50 per unit per month.

Best For

Property managers looking for a comprehensive rental utility management tool with a mobile app.

7. Apartments.com

Apartments.com, formerly Cozy, features resident screening and maintenance tracking modules. It also has a resident portal for accessible communication and payments for a minimum monthly fee.

Features And Benefits

• Easy rental collection: Online rent payment platform to conveniently collect rent.
• Screening: Resident screening for efficient residents selection.

Pricing

The software offers a free plan with essential features and paid plans with additional features.

Best For

A property manager looking for free property management tools with basic features for efficient management.

8. Rentec Direct

Rentec Direct is a user-friendly rental property management solution designed for property supervisors.

Rentec manages your real estate data and provides accounting, leasing, maintenance, lead tracking, and reporting tools.

Rentec Direct also offers a resident portal, allowing residents to submit maintenance notifications, pay rent online, and communicate with property directors.

Features And Benefits

The property management software includes features such as

• Online rent collection.
• Vacancy advertising.
• Residents screening.
• Maintenance tracking.
• Financial reporting.

Pricing

One of the key benefits of Rentec Direct is its affordability. The cloud-based software offers different pricing plans. Rentec Pro pricing starts at $45 monthly for their property management software.

Best For

Rentec Direct is best for property management companies who want feature-rich yet affordable cloud-based property management software.

9. RentPost

RentPost is a rental property maintenance software offering accounting, communication, resident screening, and maintenance tracking features. It also includes a resident portal for accessible communication and payments.

Features And Benefits

• Accounting tools for efficient financial management.
• Communication tools for seamless interaction with residents.
• Residents screening for effective resident selection.
• Maintenance tracking for streamlined property maintenance.
• Resident portal for easy communication and payments.

Pricing

RentPost offers pricing plans that start from $29 per month for their basic plan. Expect to pay up to $249 monthly for the premium plan.

Best For

Property managers, leasing agents, and landlords looking for property software with a resident portal and mobile app for efficient management.

10. RentRedi

RentRedi is a property management software with features for maintenance tracking and communication. It also includes a resident portal for easy communication and payments and a mobile app.

Features And Benefits

• Online rent payments for convenient rent collection.
• Residents screening for effective residents selection.
• Maintenance tracking for streamlined property maintenance.

Pricing

RentRedi offers the following pricing plans for property managers with only one or two units:

• Monthly Pay-as-You-Go: $19.95 per month, with monthly renewals.
• 6-Month: $15 per month, with 6-month renewals, which saves $60 per year compared to the monthly plan.
• Annual: $9 per month, with annual renewals, which saves $132 per year compared to the monthly plan.

Best For

Single-family home landlords that prioritize software with online rent payment options and convenient communication tools for efficient management.

Let RentCheck Automate Your Rental Property Inspections

No matter which property management tool you invest in, remember to grab your free RentCheck trial today. RentCheck is a powerful tool for maintenance and property managers to streamline their rental process and protect their investments. 

With its user-friendly interface and comprehensive mobile capabilities, RentCheck is the ultimate solution for hassle-free rental property inspections.

Don't let unpredictabilities affect your bottom line. Join our community of satisfied property managers and maintenance supervisors. Take control of your rental business. Sign up for free today and experience peace of mind with RentCheck.

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