What Is the Best Software for Rental Property Management?

13
What is the best software for rental property management is the question this week for Landlord Hank from a landlord with 51 properties

What is the best software for rental property management is the question this week for Ask Landlord Hank. Remember Hank is not an attorney and is not offering legal advice – always check your local and state laws. If you have a question for him please fill out the form below.

 

Dear Landlord Hank,

What’s the best rental property management software for a person who has 51 units?

I have built this portfolio over the last 13 years and have been using a property manager. I am exploring options to bring management in-house if it makes financial sense.

-Chad

Hi, Landlord Chad,

At one time I personally owned about 50 units and had no problem keeping up with everything easily without a property-management software package.

Now, since I own a property management and leasing company and we have a few hundred rentals and have to deal with owners and tenants, we have been using AppFolio for about 10 years.

It is a good platform, but not cheap, and it has some drawbacks. There are others out there as well and I’d thoroughly check them out too before deciding.

Sincerely,

What is the best software for rental property management is the question this week for Landlord Hank from a landlord with 51 properties
Landlord Hank says, “At one time I personally owned about 50 units and had no problem keeping up with everything easily without a property-management software package.”

Hank Rossi

 Each week I answer questions from landlords and property managers across the country in my “Dear Landlord Hank” blog in the digital magazine Rental Housing Journal.    https://rentalhousingjournal.com/asklandlordhank/

Ask Landlord Hank Your Question

Ask veteran landlord and property manager Hank Rossi your questions from tenant screening to leases to pets and more! He provides answers each week to landlords.

  • This field is for validation purposes and should be left unchanged.

“I started in real estate as a child watching my father take care of our family rentals- maintenance, tenant relations, etc , in small town Ohio. As I grew, I was occasionally Dad’s assistant. In the mid-90s I decided to get into the rental business on my own, as a sideline. In 2001, I retired from my profession and only managed my own investments, for the next 10 years. Six years ago, my sister, working as a rental agent/property manager in Sarasota, Florida convinced me to try the Florida lifestyle. I gave it a try and never looked back. A few years ago we started our own real estate brokerage. We focus on property management and leasing. I continue to manage my real estate portfolio here in Florida and Atlanta. “ Visit Hank’s website here.

 

Previous articleSlight Decrease In Rents In August
Next articleComplete Guide to Apartment Building Insurance
I started in real estate as a child watching my father take care of our family rentals- maintenance, tenant relations, etc , in small town Ohio. As I grew, I was occasionally Dad’s assistant. In the mid-90s I decided to get into the rental business on my own, as a sideline. In 2001, I retired from my profession and only managed my own investments, for the next 10 years. Six years ago, my sister, working as a rental agent/property manager in Sarasota, Florida convinced me to try the Florida lifestyle. I gave it a try and never looked back. A few years ago we started our own real estate brokerage. We focus on property management and leasing. I continue to manage my real estate portfolio here in Florida and Atlanta.