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Apartment Management Software
Multi-family and apartment management software programs are designed to manage a large number of tenants. Therefore, they track and automate as much as possible. Common features include online rental payment and account access for tenants, tracking expenses, tracking property maintenance and repairs, and online background and credit checks. Typically, online reporting of financial and rent roll information is available for property owners as well.
Owners of multi-family housing or apartment properties should consider the following specific criteria:
| Categorization by unit & property | Many owners have multiple properties at several addresses. These owners will want a property management system that allows for reports on properties or even property groups as well as individual units. |
| Online account access for tenants | Renters like being able to pay their rent, submit maintenance requests, and review their leasing history from the comfort of their home. Although this feature adds to the cost of the software, it can also significantly reduce labor costs. Consider this feature if your company is large or growing rapidly. |
| Marketing | The most robust apartment management software incorporates marketing tools, allowing managers and owners to post their available units directly to their website or onto popular apartment listing sites like Craigslist, Apartments.com, Rentals.com, or Google. |
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AppFolio Property Manager
One of the cool things about AppFolio is that it supports free online rent collection. This makes it easier to process payments and integrate with accounting. Other tools include vacancy tracking and Google map integration.
Yardi Voyager
Since 1984, Yardi has been providing solutions to help manage residential properties. This web-based system gives you real-time access to track applicants, support residents, process payments, and manage utility billing.
Buildium
Give residents more convenience, while simplifying your back-end accounting and operations. Buildium's property management system comes in a software-as-a-service format, so no installation just straightforward functionality.
Total Management
Tenant Management provides Web-based property management for apartment managers. It includes features such as work order management, a tenant portal and an accounting center for managing property and tenant finances.
Rent Manager
With Rent Manager's software-as-a-service version apartment managers can provide key staff and support teams account access from anywhere there's an Internet connection. Traditional on-site installation also available.
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Point2 Property Manager (formerly DIY Real Estate Solutions)
Using any web browser, apartment managers can access Point2 Property Managers' full range of features and functionality. Comprehensive system enables tenant screening, online advertising, web integration, and resident portals.
Property Boulevard
We like Property Boulevard's flexibility to handle diverse portfolios, including single-house, multi-unit, and Section 8 properties. Extensive business and accounting functionality. Runs both accrual and cash-base systems.
Maintenance Connection
Easily integrated with other systems, Maintenance Connection also gives property managers the ability to automate lease administration, maintenance management, all while maintaining an efficient budget.
Propertyware
Whether you oversee 20 units or thousands, Propertyware delivers versatile accounting and property management functionality. And its cloud-based, which means you don't have to manage or maintain the software in-house.
Spectra
Spectra helps prevent lost income and legal fees by filtering out undesirable tenants right from the start with its integrated background screening module. Also features e-payments, work order tracking, and utility billing.
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