Property Management Software

Many happy returns on a small investment

If you are considering making an investment in real estate such as a vacation home or rental property, it seems absurd to skimp on a relatively small expense such as property management software. Yet it happens all too often. Indeed, property management software is an invaluable investment that any property entrepreneur should never overlook.

Take your pick

Here are just a few examples of the many property management software applications available:

Manage-IT by Logicbuilt- This is property management software well-suited to meet the needs of small to large operations, whether the properties are residential or commercial. Prices range from $170 to manage 15 units, up to $1,500 to manage up to 500.

RentRight- This popular Windows-based software works equally well for landlords with a few properties as it does for large property management companies. Prices range from $250 for software to manage up to 25 units, to about $3,500 to manage up to 1,000 separate properties.

Rent Manager- Completely integrated property management software for use with a wide range of properties. Offers full accounting, work orders, and utility billing. Prices range from $150 up to $2,200, depending on software features and number of properties and units to be managed.

Quicken Rental Property Manager by Intuit- This affordable property management software is geared toward rental property owners of up to 10 properties with up to 25 units. It is designed to efficiently organize income and expense records in one place. Prices range from around $80-$100.

Timberline- This is property management software on a larger scale. It aids in managing everything from project-accounting and cost-estimating for construction, architecture, engineering, and property management companies. Contact Sage Timberline for pricing and options to meet your specific needs.

Better than nothing

As you can see from this sampling, there are a multitude of property management software options on the market, and the vast majority deliver results. The important thing is to choose software that fits the size of your business; it's better to have more capability than you need than less. And truly, it is better to have any property management software than none at all.

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