Online Property Management Review

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Why Use Online Property Management Software?

Online property management services free property managers from the many chores of computer maintenance to concentrate on building profitable real estate management companies. In the cloud-computing environment, all you need is enough hardware to support a web browser. Vendors of online property management software maintain redundant systems that mirror and back up customer data in the types of data centers that secure data for the largest corporations in the world.

The best property management software is efficient, has many features and fosters better communication between tenants, owners and property managers. Propertyware, AppFolio and Buildium are excellent examples of what to look for in an online property management solution. To learn more about which service is right for your situation, read our articles about online property management.

Online Property Management Software: What to Look For

The property management software in our reviews comes in a variety of forms and each service has different strengths that cater to specific needs. Look for a service that has a good balance of marketing, tenant and facilities management, and accounting and general management features. The software should be easy to use and offer reliable technical support.

Marketing
Strong marketing features help you fill vacancies quickly and effectively. The service should be able to post listings on a variety of rental websites. Online applications further simplify this process by helping you narrow your list of prospects and reducing tedious paperwork.

Tenant Management
A tenant portal is a valuable addition to any property solution. Good tenant management allows your residents to pay rent online, view lease documents and submit service requests. Property managers also benefit from tenant management with the ability to view tenant statistics and histories.

Facilities Management
Facilities management tools are essential to measure and maintain your property's health. Tenants and managers alike should be able to submit and view work orders via email or through the online property service. The system should also allow managers to solicit bids, track vendors and pay them electronically.

Manager/Owner Features
An owner portal facilitates communication between property managers and owners. You should be able to restrict access when necessary, conduct audits, calculate your commissions and receive notifications when owners make a request or change the budget of a property. Owners should be able to access information about their properties easily and quickly.

Accounting
The accounting features are the core of any online property management system. These features should enable you to track income, expenses, prevent clerical errors and make payments when necessary. There should be a way to create tax statements and the general ledger should at least support accrual basis accounting practices. If you are switching systems, you should be able to import data from competing products as well.

Help & Support
You should be able to contact customer support in a number of different ways. An online forum is a great way to ask questions and learn from other property managers that use the product. The FAQs sections should be clear and informative.

Supported by the power and efficiency of web-based property management software, you are more likely to build a profitable and efficient business. This is a compelling reason for property owners to consider hiring a property management company.

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Web Services » Business & Finance » Online Property Management Review
2015
BEST
Online Property Management Review
COMPARISONS & REVIEWS
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Showing 1-10 of 19
Ratings
We've reviewed the top 10 Online Property Management Review.
#9
Overall Rating
Marketing
Tenant Management
Facilities Management
Manager/Owner Features
Accounting
10
9
8
7
6
5
4
3
2
1
Monthly Subscription Prices
10 Rental Units
$75.00
$200.00
$19.99
Get Quote
Get Quote
$28.50
Get Quote
$10.00
Get Quote
$9.00
250 Rental Units
$250.00
$250.00
$149.99
Get Quote
Get Quote
$130.00
Get Quote
$240.00
Get Quote
$99.00
500 Rental Units
$500.00
$500.00
$224.99
Get Quote
Get Quote
$200.00
Get Quote
$360.00
Get Quote
$169.00
Marketing
Post HTML Vacancies Online
3rd Party
Online Applications
3rd Party
Tenant Management
Tenant Portal Score
100%
97%
97%
98%
95%
95%
97%
93%
93%
95%
Online Rent Payments
3rd Party
Document Library
Facilities Management
Facilities Management Score
100%
95%
100%
95%
99%
97%
97%
93%
94%
94%
Email Work Orders
Electronic Vendor Payments
3rd Party
Manager/Owner Features
Owner Portal Score
100%
99%
95%
97%
96%
95%
92%
95%
92%
95%
Commissions and Fees Calculation
Accounting
General Ledger Score
100%
100%
97%
97%
96%
95%
93%
97%
98%
92%
Accrual Basis
Cash Basis
Bank Account Reconciliation
1099 Reports
Check Printing
Import from Competing Products
Synchronize with QuickBooks
Help & Support
Email
Phone
User Forum/FAQs