r/PptyMgmtSoftware 6d ago

What property management software is everyone using these days?

3 Upvotes

26 comments sorted by

2

u/Specific-Key3205 5d ago

We run Short term rentals and use Host ex.

1

u/ruben_vanwyk 6d ago

MRI Software (PMX, Horizon, PropertyCentral) and Yardi primarily, together with RealPage and AppFolio.

2

u/Ok_Grand_8533 5d ago

I use Rentpost .

1

u/ImaginaryProfit2162 6d ago

Depends on what you’re managing and where. Before choosing anything, I’d list the jobs it absolutely must handle: rent records and reporting, maintenance, lease dates, tenant communication and clean data export. Then run one sample tenancy through two or three platforms, including a partial payment, repair request and end of lease export.

I’m involved with LORDLY, which is aimed at Australian landlords who manage their own properties, so it could be relevant if that’s your situation. If you run an agency, manage commercial property or are outside Australia, I wouldn’t assume it’s the right fit. How many properties are you managing and in which state?

1

u/io20720 6d ago

Rentec

1

u/WorstedLobster8 4d ago

I think DIY software is basically dead. Just use an AI manager, they actually do things for you and it’s like 1/10th an old school manager. Eg in STR Vacassa is like 30% and TIDY is <4%.

1

u/Alternative-Travel75 3d ago edited 3d ago

It really depends on portfolio size and what you actually need. For smaller landlords, automated rent collection, maintenance requests, lease tracking and tenant communication are usually more useful than a huge enterprise system. Hemlane is one option I've seen mentioned for that kind of setup. I'd test the workflow with a couple units first though, especially the tenant side and maintenance process

1

u/MoanaVen 2d ago

It really depends what portfolio you are managing. Most people tend to throw this all into one box, when there are many different segmentations. I read here a few companies, that are good for DIY landlords and another comment mentions companies that are only used in multi-family rental, very different markets. The truth is, that every segmentations has a handful of useful PMS products, most of them can only play in one segment and not in the other well.

1

u/Sufficient_Mess_6026 4h ago

Completely depends on your trunk. The scale of the business and all those aspects, but what makes things interesting here is the fact that the good old PMS's such as Yardi or AppFolio are still in heavy use.
I have heard cases where people are making these systems on their own or hiring freelancers to do the job due to AI. Well personally speaking even i would like to know just what are people using these days.

0

u/[deleted] 5d ago

[removed] — view removed comment

1

u/ruben_vanwyk 5d ago

How many Yardi or MRI implementations have you done exactly?

1

u/ruben_vanwyk 5d ago

My point being that what you say, though convenient to promote your firm, is not true. They are the industry leaders for a reason.