Best Property Management Software for Owners and Small Landlords (Cost Included, 2024 Edition)

Hey folks, 🏠 if you’re a landlord or property owner, you know the hustle – keeping tabs on your places, dealing with tenants, and trying not to drown in paperwork. 😅 But what if I told you there’s a digital buddy out there to help lighten the load? In 2024, we’re bringing you the lowdown on the best Property Management Software for small landlords and owners like you. 🚀 But we’re not just talking tech and numbers; we’re sharing stories from real people who’ve made these digital property management software tools their automated building control. 🏡✨

Today, we’re jumping into the world of property management software – your virtual helper for property facilities management. Picture this: less stress, more time for you and your properties. These property management software tools can do things like:

• Tenant Management: Keep track of leases, rental payments, and communication.
• Maintenance Tracking: Stay on top of repairs and maintenance schedules.
• Financial Organization: Simplify your bookkeeping and financial transactions.
• Document Management: Say goodbye to endless paperwork with organized digital documentation.

Whether you’re a pro or just starting, we have the scoop to make your property management journey smoother. 🛣️ So, if you’re ready to simplify, let’s dive into the top property management software picks for 2024! 🎉

Ready? Let’s roll!

Key Factors in Choosing Property Management Software

Before we dive into the cool Property Management Software stuff, let’s talk strategy. Choosing the perfect PMS can be a game-changer, but it’s important to know what to look for. 🧐 Think of it like finding the ideal Property Management Tool for your property management tasks. 🏡

Alright, let’s get down to business. When it comes to picking the user-friendly property management software, there are a few key things to keep in mind. Here’s what you need to consider:

• User-friendliness and Interface: You want excellent property management software that’s easy to use, with a simple layout that doesn’t leave you scratching your head.

• Features and Functionalities: Whether it’s rent tracking, handling maintenance stuff, or crunching numbers, make sure the Property Management Tools has your back.

• Integration Capabilities: Your property management software should play nice with other tools you use, like accounting software or online payment platforms.

• Customer Support: When things go haywire (and they sometimes do), you’ll want reliable customer support to help you out of a jam.

• Pricing Structure and Affordability: Of course, budget matters. Make sure you understand the pricing structure of property management software– whether it’s a monthly subscription, per-property fee, or something else – and that it fits your wallet.

These are the checkpoints that’ll help you find your perfect property management solutions. So, grab a cuppa, get comfy, and let’s dive into the top contenders for 2024. It’s time to find the perfect match for your property management needs!

Top 9 Property Management Software in 2024 for Owners and Small Landlords

Are you a 🏠 property owner or a small landlord who is looking for user-friendly property management software? Let me tell you about some awesome property management tools that are designed just for that. Think of them as your trusty sidekicks in the world of property management. They’re like having your 🧞‍♂️ assistant for every building and apartment you own!

The beauty of these property management tools is that you can mix and match depending on your needs. You can build your personalized toolkit that’s tailor-made for your properties.

Now, let’s talk about the heavy hitters in the property management software world. These are the digital wizards designed to make your landlord’s life smoother. Drumroll, please, for our top nine picks in 2024: 🥁

1. AppFolio

AppFolio is a dynamic property management software developed for real estate professionals. Offering a robust suite of property management tools, it empowers property managers, investors, and property owner associations to streamline operations. From efficient tenant communication and lease management to powerful accounting and maintenance solutions, AppFolio is designed to simplify the complexities of property management. With its user-friendly interface and comprehensive features, it serves as a go-to proper facility management solution for individuals and organizations looking to enhance their property management efficiency and overall experience.

Who should use this PMS tool: AppFolio is suitable for property managers, investors, HOAs, and diverse property needs.

Key features of AppFolio:

• Accounting and Financials
• Property Inspections
• Maintenance Requests
• Document Management
• Tenant Communication

Free Trial: N/A

Pricing of the Building Management Tool:

2. Buildium

Buildium is a comprehensive property management tool designed to simplify and streamline the complexities of real estate management. Build for property managers, small landlords, and associations, Buildium offers a centralized building management platform for efficient rent and lease management, accounting, maintenance tracking, and communication. With its user-friendly interface and robust features, this Property Management Software aims to empower property professionals, providing the tools necessary to enhance organization, optimize workflows, and deliver an exceptional experience for property owners and tenants alike.

Who should use this PMS tool: Buildium is ideal for property managers, landlords, and associations seeking streamlined real estate management.

Key features of Buildium:

• Property Accounting
• Collect Rent Online
• Online Leasing
• Maintainance Requests
• 1099 e-Filing

Free Trial: 14 Days

Pricing of the Building Management Tool:

3. Panda Facility

Panda Facility Property Management Software offers a comprehensive property management solution for property managers, contractor teams, and Residents or Tenants. The main benefit of this property management solution is that it is only a one-time investment, you just have to address the requirements and you will get the software deployed in your building. You can talk to the experts and get a custom property management solution With its user-friendly interface and robust features, Panda Facility enables efficient management of facilities, enhancing organization and productivity. From property maintenance to streamlined administration, this property management tool is designed to meet the diverse needs of businesses and organizations, providing a centralized platform for effective facility management.

Who should use this PMS tool: Panda Facility is ideal for property managers, contractor teams, and Residents or Tenants

Key features of Panda Facility: 

• Centralized Cloud-Based System
• Track Work Orders and Data History
• User-Friendly Interface
• Communication Tools
• Mobile Accessibility

Pricing of the Building Management Tool: You will get a quotation as per your requirements that have to pay only once.

4. Propertyware

Propertyware rental property management software is designed to simplify and optimize the tasks associated with rental property management. Created for property managers, small landlords, and real estate professionals, Propertyware offers a centralized property management platform for efficient lease and rent management, maintenance tracking, financial reporting, and online portals for seamless communication. Propertyware aims to enhance the overall efficiency of property management workflows, providing a powerful tool for individuals and organizations in the real estate industry.

Who should use this PMS tool: Propertyware is ideal for property managers, landlords, and real estate professionals.

Key features of Propertyware:

• Online Leasing
• Property Management 
• Maintenance
• Accounting
• Operations & Risk Management

Free Trial: N/A

Pricing of the Building Management Tool:

5. Yardi Breeze

Yardi Breeze offers a cloud-based property management software solution, catering to the needs of property managers, small landlords, and real estate professionals. With a focus on simplicity and efficiency, Yardi Breeze provides the best property management tools for easy lease management, maintenance tracking, and financial reporting. This cloud-based property management platform streamlines property management tasks, making it an accessible and effective solution for individuals and organizations in the real estate industry.

Who should use this PMS tool: Yardi Breeze suits property managers, landlords, and commercial building owners.

Key features of Yardi Breeze:

• Accounting
• CAM Recovery
• Rent Collection
• Owner Tools
• Setup & Support

Free Trial: N/A

Pricing of the Building Management Tool:

6. TenantCloud

TenantCloud is a versatile property management platform designed for Tenants, small landlords, and property managers. With a user-friendly interface, it simplifies rental property management by offering property management tools for lease tracking, online rent collection, maintenance requests, and financial management. TenantCloud also provides a tenant portal for streamlined communication, making it a convenient and accessible solution for individuals and small businesses involved in property management.

Who should use this PMS tool: TenantCloud is perfect for Tenants, small landlords, and property managers seeking efficient and user-friendly rental property management solutions.

Key features of TenantCloud:

• Lease Management
• Property Listings
• Tenant Screening
• Communication Tools
• Online Rent Payments

Free Trial: 45 Days

Pricing of the Building Management Tool:

7. SimplifyEm

SimplifyEm is a user-friendly property management software designed for real estate professionals, small landlords, and property managers. This property management tool streamlines rental property management tasks, offering tools for lease tracking, rent collection, maintenance requests, and financial management. This cloud-based property management solution aims to simplify the complexities of property management, making it an accessible and efficient choice for individuals and small businesses involved in real estate.

Who should use this PMS tool: SimplifyEm is ideal for real estate professionals, small landlords, and property owners simplifying rental property tasks.

Key features of SimplifyEm:

• Mobile App On Apple iOS and Android
• Advertise Vacancies
• Online Rental Applications
• Online Payments
• Tenant Screenings

Free Trial: 15 Days

Pricing of the Building Management Tool:

8. DoorLoop

DoorLoop is an all-in-one property management software designed for property managers and property management companies. With its intuitive interface, DoorLoop offers features for lease management, maintenance tracking, financial reporting, and communication. This cloud-based solution aims to simplify the complexities of property management, providing a user-friendly platform for efficient and organized real estate management.

Who should use this PMS tool: Doorloop is made by property managers for property managers and property management companies.

Key features of DoorLoop:

• Leasing and Marketing Tools
• Integrated Accounting Suite
• Customer Support
• Maintenance Management
• Tenant Portal

Free Trial: N/A

Pricing of the Building Management Tool:

9. Property Matrix

Property Matrix is a robust property management software catering to the needs of property owners, property managers, and small landlords. With its comprehensive features, it streamlines tasks such as lease management, rent collection, maintenance tracking, and financial reporting. The platform’s user-friendly interface and customized accessibility contribute to efficient property management, making it a valuable solution for individuals and businesses in the real estate industry.

Who should use this PMS tool: Property owners, property managers, and small landlords seeking robust, efficient property management solutions.

Key features of Property Matrix:

• Rent Collection
• Maintenance Tracking
• Communication Tools
• Document Management
• Vendor Management

Free Trial: N/A

Pricing of the Building Management Tool:

How to Choose the Right Property Management Software?

Alright, so you’ve met the contenders, and now you’re thinking, “How do I pick the one that’s my property’s perfect match?” Don’t worry; I’ve got your back. Choosing the right Property Management Software is like finding the perfect pair of shoes – it needs to fit just right. Here’s your guide to picking your property soulmate: 

1. Know Your Needs: Take a moment to think about what you need from your property management software. Are you all about tenant management, or do you need help with finances too? Knowing your priorities will help you narrow down your options.

2. Test Drive: Don’t commit to the first software that catches your eye. Take advantage of free trials or demos to get a feel for how the software works.

3. Check Reviews: Just like you’d ask for recommendations from friends, see what other landlords have to say about the software you’re eyeing. Look for honest reviews and testimonials to get a sense of what it’s really like to use the software day-to-day.

4. Budget Wisely: Ah, the big one – budget. You want to get the most bang for your buck but remember, cheaper isn’t always better. Consider the value you’re getting for your money and how it fits into your overall budget.

Finding the right property management software might feel like searching for a needle in a haystack, but trust me, your perfect match is out there. Take your time, do your research, and before you know it, you’ll find the software that makes your landlord’s life a breeze. 

Make Your Own Property Management Software in 2024 with APPWRK

Alright, property maestros, listen up – ever dreamt of having your custom property management software development to your exact needs? Well, dream no more! We’re talking about turning your property dreams into digital reality, APPWRK the best custom software development company is here to be your wizard in this tech magic show.

• White Label Solution: APPWRK offers a white label solution for property management solutions like Panda Facility. We can provide this kind of solution as per your requirements. What’s white label, you ask? It’s like having a blank canvas where you can paint your property management masterpiece – your branding, your features, your way.

• Create Own Property Management Software: With APPWRK, you’re not just getting cookie-cutter software; you’re getting a tailor-made solution. You can pick and choose the features that matter most to you and your properties. From rent management to maintenance tracking, the power is in your hands.

• Developer Hiring Made Easy: Not a tech whiz? No worries! With APPWRK, you have the option to hire a developer who can bring your property management software dreams to life. Think of them as your digital architects, building the foundation for your property empire.

• Manage Your Property Management Software: Once your property management software is up and running, APPWRK doesn’t leave you high and dry. We’re here to help manage your PMS, ensuring it runs smoothly and efficiently. Consider us your digital property management partners, here to support you every step of the way.

So, if you’ve ever dreamt of having Property Management Software with your name on it, or if you want a developer dream team to make your digital dreams come true, APPWRK is your go-to ally. Contact us now to turn your property management dreams into a tech reality – because your properties deserve the best. Ready to make your mark? Let’s go!

How to Implement the Property Management Software Successfully

Alright, 🎉 so you’ve found your property’s digital sidekick – now what? Let’s talk about how to make this superhero partnership a success. Implementing Property Management Software (PMS) is like guiding a new friend into your property world, and here’s your roadmap: 🗺️

1. Best Practices for Onboarding:

• Take it slow, step by step. Start with the basics – entering property details, and setting up tenant profiles. Explore the features gradually and get comfortable with each function.
• Dive into tutorials and guides offered by your Property Management Software. They’re your roadmap to mastering the software.

2. Training Recommendations:

• Set aside time to understand the ins and outs. Attend webinars, and watch tutorial videos – become the property management athlete you were meant to be.
• Get your team on board. Training together speeds up the learning curve and makes it a fun team activity.

3. Addressing Common Challenges:

• Resistance to change is common. Be patient as you and your team adjust to the new system.
• Data migration needs care and attention. Double-check everything for a smooth transition.
• Don’t be afraid to ask for help from your Property Management Software support team. They’re there to guide you through any challenges.

Remember, implementing your Property Management Software is a journey, not a sprint. 🚶‍♂️ Take it step by step, train well 🎓, and when challenges come knocking, know that you’ve got the tools 🧰 and support 🤝 to overcome them. 💪

Conclusion

In wrapping up our journey of property management software in 2024, we’ve equipped you, the property pioneers, with insights and options to revolutionize the way you manage your spaces. Whether you opt for a pre-built solution from our top 9 picks or decide to forge a unique path with a customized PMS through APPWRK, the essence remains the same – achieving efficiency, simplicity, and success in your property management endeavors. As you embark on this tech-infused adventure, may your properties thrive, your stress levels plummet, and your management game reaches new heights. Cheers to the evolving world of property management in 2024 and beyond. Talk to us now, and let’s get started.

FAQs Related to PMS Software