REALTORS® aren’t just in the business of buying and selling homes; some are also in the business of managing properties. Like a REALTOR®, a property manager’s job never ends, and time is money. Luckily, there are simple tools available online to make your life easier, so you can run your residential or commercial property to its full capacity.
123LANDLORD.COM
A website recommended for landlords, teams or brokers who manage units. Users have complimented the marketing and operational capabilities, praising the ability to track issues and unit vacancies. You can receive payments online, track expenses, get maintenance alerts, access various forms, screen tenants and get live support. There are different pricing plans, but the basic account is free.
COZY
A free tool available on any device that is useful for independent landlords and property managers. The flexible platform facilitates a variety of online transactions, including rent payments, move-in charges and other one-time fees, with the ability to send reminders to tenants. Users can share documents, manage listings, screen tenants and even require renters to purchase insurance. Rent estimate and property analyses are available for an extra fee. Cozy makes it easy to monitor rentals and market vacancies early.
TENANTCLOUD
The cloud-based platform claims to offer end-to-end solutions for both single-unit landlords and larger-scale property managers. What separates TenantCloud from other similar platforms is its additional features like comprehensive accounting, a marketing site, photo-based maintenance requests, investment property analysis and access to a pool of local contractor bids. User reviews also mention it offers seamless navigation. You can sign up for a free basic plan or upgrade to standard or advanced plans for more features.
SIMPLIFYEM
Simple and affordable property management software targeting property managers, management companies and landlords. It focuses on the essentials: online payments and basic accounting. It offers free trials for its plans geared toward landlords or property managers. The system offers a payment portal, tenant and lease management tool, and limited monthly owner reports. Users also get access to a rental property tax deduction walk-through and there’s special help for real estate professionals.
RENTEC DIRECT
The software is best suitable for landlords managing 10 or less properties. It features strong data security, no minimum commitments or term contracts required. Landlords can track property income, expenses and essential accounting reports. The tab-based navigation allows managers to switch between property or tenant profiles. Plus, you can run tenant due diligence and rental payment history. You can start a free trial of its monthly Pro or PM plan.
RENTLER.COM
Serves primarily as a rental listings site but offers several free resources for property managers. Its resources page features useful news like “How to Price Your Rental,” has guides on local laws, and features a landlord FAQ. Easily communicate with tenants, collect rent payments, receive maintenance requests and access a library of lawyer-approved legal forms. For an additional fee, you can screen potential tenants and accept applications.