Real estate agents are not the only in the real estate industry that need apps and tools. Landlord needs software tools and apps to make their life easier. We live in a world where you need to be digital, or you will become a dinosaur. And in terms of landlord software, you need apps that will make it easier for you to manage rents for tenants, property information, and position yourself on the market. That being said, let's take a look at some landlord software that will definitely help you.
Part 1 Top 5 Landlord Software
1. Wondershare PDFelement
Starting off with a PDF software tool that will help you in a number of ways. Wondershare PDFelement comes with a robust set of features that make everything easier. Here are some of the features you can use:
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Edit all PDF contents, keep your property presentations up to date
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Merge all your files into one PDF you can show to prospective tenants
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Convert other document formats into PDF file that you can edit
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The editing tools include rotate, insert, delete, reorganize pages, change font size, change font style, change images, color, and much more
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Clarify the statements by using annotations like highlights, comments, and sticky notes
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Use OCR technology to turn your scanned PDF into editable texts in a matter of seconds
2. Buildium
A web-based landlord software, Buildium is designed for landlords and managers of residential properties. You can use the landlord software to take complete control of your business, including rent, vacancy, and maintenance. The app comes with a robust set of properties, including tenant and lease tracking and on-demand reports. But the best part is that rent collection can be automated and executed online, saving you time and money.
Pros:
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The resident portal is a very useful feature that allows for maximum transparency between landlord and tenants
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There are many features for accounting, which you can utilize if you need
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You get constant email reminders and notifications
Cons:
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Some people think the focus is on larger customers, and new features do not favor little guys
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Connection to Canadian banks is not available
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Not possible to navigate between screens
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Extra steps to print checks
3. AppFolio
A very comprehensive landlord software, AppFolio is a central hub for all your accounting and management business needs, including screening of applicants, online rent payments, online applications and much more. The app allows you to download an HTML, and print or post it to Craigslist.
Pros:
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Everything is clearly labeled, making the product easy for all levels of computer skills
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Saves you a lot of time if you are managing a lot of houses
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The search box is extremely convenient, and the search results are spot o
Cons:
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Outside accounting software is needed for accounting reports
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You cannot print deposit slips
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No phone and real time support, customer service is not always helpful
4. SimplifyEm
The motto of the company is "property management made easy", and they deliver on their promise. One of the best landlord software has property accounting, tracking of tenant and lease, and even bank tracking. The setup is simple, and you can get it up and running in no-time. One of the best feature is the ability to export transactions to QuickBooks and Excel.
Pros:
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A cloud based software, you can access from anywhere
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Customer support is great, and phone support works on weekends as well
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Pricing is reasonable
Cons:
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The website is not mobile-friendly
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Limited options for customization
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There is no option to divide rent checks by roommate
5. storEDGE
Manage more than one storage facility from one system, and choose functions that your employees can access. StorEDGE is really top notch landlord software that is integrated with insurance providers, accounting information, and gate software. You can use the software to track delinquent tenants, generate tax rates, and much more.
Pros:
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The reports are one of the best features, giving you snap shots of what is happening
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The Dash Board is the best feature, providing you a glance of all your statistics
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Doing the basics is extremely easy
Cons:
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It is tricky to change things once they are in
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The software can be down for few hours during the day
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There is no option to combine tenant accounts or print deposit slits
Part 2 Tips for Using Landlord Software
Why should you use landlord software? People ask that very often, as they think they can do without it. Here is why should you use it, and some tips how to handle it best.
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Check credit history, references, and background. Make sure to screen your future tenants, as most software tools allow you to do it
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Use a written rental application to get the most information out of your future tenants
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Handle security deposits properly by establishing a fair system of collecting, holding, and returning security deposits
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Automate your online rent payment system. There is no reason to collect rent in the mail. You can save a lot of time by taking things to the online world.