If you’re a small landlord, managing a rental property can be a challenging task. From screening potential tenants, collecting rent, managing maintenance requests, to tracking expenses, there are many things to keep track of. Thankfully, property management software can help simplify the process and make it easier to manage your properties. In this article, we will review the 10 best property management software for small landlords in 2023.
PortfolioBay is all-in-one operating system for self-managing landlords to handle lease agreements, rent collections, showing scheduling and coordination, rental application and more. Beyond all the standard features, it has sever powerful features that no other landlord software has. For example, it features a built-in receipt scanner that can digitize and extract searchable information from a paper receipts in seconds, making bookkeeping compliance much easier. The price starts at $13 per month.
Unlike most management tools that tries to market to both landlords and property managers at the same time, PortfolioBay only focus on serving self-managing landlords, and provides tools and solution that can covers a broader range of real estate investment life cycle – finding good properties, analyzing deals, managing properties, and extract portfolio insights. In short, it’s specifically built for individual real estate investors (self-managing 120 units or less), not for property managers.
Avail is one of the oldest players in the property tech arena, so you can expect good popularity but outdated interface and user experiences. You can advertise your rental property, screen tenants with customizable questions, request background checks, create and sign state-specific leases, and collect rent online. The software is free for unlimited units, but you can upgrade to Unlimited Plus for additional features.
Buildium is a property management software that offers a wide range of features for small landlords. You can manage tenant applications, lease agreements, rent collection, maintenance requests, and accounting all in one place. The software also offers a mobile app that allows you to manage your properties on the go. Prices start at $50 per month for up to 50 units.
Cozy is a free property management software that allows you to collect rent online, screen tenants, and manage maintenance requests. The software also offers a feature that allows you to share your rental listing on multiple websites. While the software is free to use, there are fees for certain services like credit reports and background checks.
Hemlane is a property management software that offers a range of features for small landlords. You can list your rental property, screen tenants, collect rent, manage maintenance requests, and track expenses. The software also offers a mobile app for managing your properties on the go. Prices start at $35 per month for up to 10 units.
Landlord Studio is a property management software that offers a range of features for small landlords. You can manage tenant applications, lease agreements, rent collection, maintenance requests, and accounting all in one place. The software also offers a mobile app for managing your properties on the go. Prices start at $15 per month for up to five units.
Rentec Direct is a property management software that offers a range of features for small landlords. You can list your rental property, screen tenants, collect rent, manage maintenance requests, and track expenses. The software also offers a mobile app for managing your properties on the go. Prices start at $35 per month for up to 10 units.
TenantCloud is a property management software that offers a range of features for small landlords. You can list your rental property, screen tenants, collect rent, manage maintenance requests, and track expenses. The software also offers a mobile app for managing your properties on the go. Prices start at $9 per month for the standard plan and $35 per month for the advanced plan.
Propertyware is a property management software that offers a range of features for small landlords. You can manage tenant applications, lease agreements, rent collection, maintenance requests, and accounting all in one place. The software also offers a mobile app for managing your properties on the go. Prices start at $1 per unit per month.
Doorloop is a property management software that offers a range of features for both property managers and small landlords. You can manage leases, payments and turnover from the platform. The pricing starts at $49 per month for the basic features. In addition, you’ll also pay one-time fee for bank account setup and failed ACH transfer. Overall, it’s pricing and features sets are more suitable for smaller property managers than small landlords.