RE: Property Management Accounting Software
Buildium seems like a pretty good accounting choice.
Posted by
Gregory T, CA
on
Wednesday, February 16, 2011
RE: Property Management Accounting Software
Gregory
Thanks for the reply. I found them also and I just signed up for their free trial.
Posted by
Samantha H, NY
on
Wednesday, February 16, 2011
RE: Property Management Accounting Software
Give a look at TrustLink. Customizable and suitable for nearly every HOA, regardless of its size.
http://www.managementtrust.com/community-associations/financial-management/trustlink/
Posted by
Cam B, CA
on
Friday, March 11, 2011
RE: Property Management Accounting Software
yes, I use Quicken Rental so that I can split out my houses individually. I can also use it to track my expenses and it seams perfectly with Turbo Tax.
Posted by
Cheryl A M, OH
on
Monday, March 14, 2011
RE: Property Management Accounting Software
There are a lot of options: Tenant Pro, Promas, Buildium, Appfolio, etc. It really depends upon how many properties you're managing. If it's fewer than 20, I would recommend a spreadsheet or Quicken. Don't get complicated and expensive for such a small amount of data.
I manage 130 rental units and spent a couple months researching the various programs available. I used all the free trials and eventually settled on Buildium. I liked the price and the features matched what I was looking for. Although I've occasionally drooled over a particular feature offered by someone else, there's nothing (in my mind) that is comparable. I especially like the customer service! I can email them a problem and usually get a response within 30 minutes. If I need help faster, I pick up the phone and they're right on it. That's worth a lot!
You're on the right path. Test them out and see what works best for you and your needs.
Posted by
Nathan G, WY
on
Monday, March 14, 2011
RE: Property Management Accounting Software
Try out http://housters.com, it's a new property management web site for landlords that is currently in beta. For this reason, you get 2 months free right now, after that it'd only be $5/month if you have 1-2 properties.
It's simple and intuitive to use, which is more than I can say for other software I've used such as Quickbooks, Quicken Rental Property Manager and LandlordMAX.
Some of the features:
- Manage your properties, tenants, lease agreements, and rental finances.
- Generate alerts when tenants are late on rent, when a tenant's lease is ending, etc...
- Run reports on things like net operating income, cash on cash invested, etc...
- Document sharing (lease agreements, eviction notices)
- Prospective tenant history search
Posted by
Justin T, MD
on
Thursday, November 1, 2012
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