Top 5 Property Management Software in 2021

Property management is the daily oversight of residential, commercial or industrial real estate by a third-party contractor. For most property managers, efficiency tends to be the top priority when dealing with miscellaneous work, including screening potential tenants, signing residential leases and day-to-day maintenance of properties. Property management software will help you organize those rental business and streamline your workflow. With so many property management software in the market, here I shortlist 5 top ones for your reference.

1. Buildium

2. Avail

3. Hemlane

4. Rentec Direct

5. PDF Reader Pro

1. Buildium

Image Source: Buildium

Buildium is cloud-based property management platform tailored for property managers with mixed portfolios and of community & homeowners associations. It enables managers and owners to to operate their rental business remotely, including online payments for rent, maintenance requests tracking, vacancy management and accounting.

Features:

• Able to track budgets, rent, vendor payments and more with its powerful reporting.

• Tenant tracking and automated rent collection is available via a tenant portal with the streamlined rent cycle.

• Helpful in management of all rental listings, building brand and simplifying the leasing process to find tenants with comprehensive screenings and applications.

Price: Buildium pricing starts at $50.00 per feature, per month. There is no free version, but  a free trial is available. It is not a fit for single property managers.

2. Avail

Image Source: Avail

Avail is a modern property management platform designed for independent and do-it-yourself landlords and their tenants. It helps to find, screen and keep tenants to free up valuable time and streamline communication with renters for payments, maintenance requests and more.

Features:

• Create a listing once and Avail will post it to all major rental networks like realtor.com, Zumper, and Zillow to reach large amount of renters.

• Online lease and rent collection enables you to schedule rent due dates and track payments.

• Able to share the property listing on social media platforms such as Facebook to increase your reach.

Price: Avail offers landlords two pricing options: Unlimited $0/month and unlimited Plus $5 per unit, per month. It is available on a monthly subscription basis. There is a free version but no free trial with the software. 

3. Hemlane

Image Source: Hemlane

Hemlane is an intuitive property management with the smartest and latest technology to cater to small businesses. It automates the administrative tasks with its large scale rental advertising, lease management and applicant tracking.

Features:

• Allow users to advertise their rental to over 30 listing websites and track potential leads.

• A comprehensive credit report and checking of 24 million nationwide eviction and criminal records are provided to find the most qualified tenants.

• Store tenant-specific documents in one place and send reminder when it's time to renew.

Price: Hemlane offers three pricing tiers from $30 to $60/month based on usage. They do not have a free version. Hemlane offers a free trial.

4. Rentec Direct

Image Source: Rentec Direct

Rentec Direct is a web-based and full-featured property management software that can best meet the need of private landlords and property managers with 10-5000 properties. It possesses the key features of accounting, operations, lease and management. 

Features:

• Provide general ledger accounting for properties, tenants, and owners. The review, edit, and print ledgers for every property and tenant is  available.

• A robust reporting system with optional Quickbooks synchronization.

• Customizing pages to post the vacant properties to appeal potential applicants.

Price: There are two subscription plans: Rentec Pro - $35/month, Rentec PM - $40/month. The price varies according to the actual number of units to manage. They have a free trial but no free version.

5. PDF Reader Pro

PDF Reader Pro is a powerful PDF editor app with plenty of tools to edit and manage PDFs. For property managers and landlords, fulfillment and modification of all kinds of rental related agreement is essential in the process of transaction. As an intuitive and advanced PDF editor, PDF Reader Pro does have an edge over other property management software with ultimate features, and will make the property management a breeze.

For property managers that rely heavily on online transaction, some rental related documents are frequently used in the form of PDF. There are different kinds of fillable business templates for you to download and edit with PDF Reader Pro for free, such as rental agreement, residential lease and rent roll form. You can also fill out an existing form with empty field or choose the free templates to modify them based on your need and share with tenants. There are also essential tools that will be useful when you annotate or edit your PDF forms. 

PDF Reader Pro allows you to read, create signing, add watermark or bookmark on PDFs. With a few clicks, you can share and print your files, protect the important ones by setting a password and permission. For convenient file scanning, the OCR function on iOS/Mac enables you to extract data or text from external images. All of these will largely save your time and enhance your work efficiency. By using PDF Reader Pro, you will automate your workflow and facilitate the property management process to the largest extent. 

Price: PDF Reader Pro is a worthwhile software with its easy-to-use tools and requires only one time purchase to enjoy for the whole life. And a free trial is also provided which will give you an experience of major features before buying it. 

Download now and explore more features of it.