Property management software (like Buildium) helps property managers save time and money by streamlining their day-to-day operations. Using a range of features, they can keep track of rent payments, communicate with tenants, schedule maintenance tasks, and generate financial reports.
Property management software may also include tools such as online tenant portals, automated rent reminders, and mobile apps for access on-the-go, 24/7.
Buildium is all-in-one property management software. Its cloud-based platform is purpose-built for the unique tasks of property managers and real estate professionals.
Some of the key features of Buildium include rental listings, tenant screening, lease management, rent collection, property accounting, maintenance requests, and communication tools. With Buildium, users can also access a range of reports and analytics to track their rental income, expenses, and other key metrics.
There’s a lot of software out there—from generic, one-size-fits all to solutions specifically designed for property management. While there’s really no hard-and-fast rule on which software gets you the most value (because every situation is different), there are features to look out for that will make a real impact with the lasting benefits.
To take a deeper look, here are 5 Types of Property Management Software worth investing in.
Overall efficiency, ease of communication, accounting you can trust, new revenue streams…if these are aspects of your business that you’d like to grab ahold of, then there are plenty of reasons why you’d want to use property management software.
Some of the top benefits involve making quick work of maintenance with improved response times and task automation; getting paid faster by automating payments and collecting rents, fees, bills and more; keeping in sync with your tenants through an online resident portal; and managing the entire leasing process online including collecting signatures from any device.
Property management software helps property managers and landlords streamline their operations and run their rental properties more efficiently.
For software like Buildium, it gives you a centralized, all-in-one platform for taking on the day-to-day challenges that are unique to property management with features like property accounting, online leasing, resident portals, online payments, maintenance management tools, and reporting plus analytics.
Property management software brings a lot to the table for property management businesses such as time-saving efficiency by automating day-to-day tasks (rent collection, maintenance requests), improved organization by centralizing lease and resident data, and streamlining operations overall—ultimately creating a better property owner, tenant, and homeowner experiences.
No matter what type of property you’re managing, property management software can help. Buildium is purpose-built for residential property management—including single-family and multi-family rentals and community associations— and can also handle mixed portfolios with student housing, commercial properties, storage units, and more.
No matter the portfolio size, all those who manage properties can benefit from using specialized property management software. Buildium customers include both landlords and third-party property management businesses with mixed portfolios featuring a wide range of property types (single-family, multifamily, associations, commercial, student housing, affordable) and growing portfolios all the way to fifteen thousand plus.
