For many, finding good and free rental property software is a vital part in managing a real estate investment business. With all of the free options available, it can be extremely difficult to choose which is the best for you and your business. This is especially true if you’re new to real estate.
Are you tired of paying a hefty monthly fee to manage your rental property? There are now plenty of free rental property software options on the market. I have tested numerous plugins and applications that can help you to manage your rental property. In this post, I am going to share four of the best solutions with you.
FREE Rental Property Software to help small landlords prosper. My House Rental Property Management Software calculator helps you see quickly what will happen with rent increases and fluctuations, vacancies, repairs and maintenance expenses. Free download for all landlords of single-family homes and small multi-unit properties. Managing a rental property isn’t easy, and landlord software programs aren’t cheap. That doesn’t mean you have to pay for management software to run your properties, though. There are plenty of great free options out there that will still save you time and make your life easier.
Renting out a property can be a great way to earn some passive income. However, it can also be a huge headache if you don’t have the right software in place. Here’s our breakdown of the best free rental property management software options available today.
The Benefits of Using Free Property Management Software
Before we dig into what’s on the menu in terms of free property management software, it’s important to take a minute to understand why you might need it. Some landlords are happy doing the job on their own. If you’ve only got a single property under your belt, keeping up with spreadsheets and collecting rent the old-fashioned way may not be something that stresses you out all that much.
If you don’t fall in this camp, there are plenty of reasons to consider a property management platform—especially if it’s free. Begin by asking yourself if any of the following sound like you.
- You manage multiple rental properties. For some, staying current on maintenance and collecting rent from numerous tenants across multiple properties is overwhelming. This is especially true if you’re routinely dealing with pop-up maintenance requests. Property management software can lump all your properties together in one digital home so that you don’t miss a beat.
- You’re overloaded with paperwork. Owning a rental property comes with a lot of paperwork—and keeping track of it all can leave your head spinning. The right property management software can bring everything from rental agreements to background checks to receipts all under one virtual roof. Most come with a mobile app that allows you to access important documents while on the go. Digitizing your rental property business can also be helpful during tax season.
- You’re looking for an easier way to collect rent and stay on top of late payments. If waiting for paper checks and then depositing them into your bank account every month feels like a hassle, look into property management software that allows renters to pay online. This streamlines the process and can funnel income directly into your account.
QuickBooks Ease of Use: 3/5
While QuickBooks is a great option for small landlords that want to manage their rental properties from a distance, it’s not the best option for beginners.
That’s because QuickBooks can be hard to use and understand, even though there are many tools that help you keep track of your finances. If you’re new to property management and don’t have much experience with accounting software, it might be better to pick one that’s more straightforward.
TenantCloud
Ease of Use: 1/5
TenantCloud is a web-based property management software that aims to be easy to use. Unfortunately, it’s not very user-friendly and can be difficult to navigate. TenantCloud is not intuitive or easy to use—the learning curve is pretty steep! The app has too many menus and sub-menus, which makes it hard for users to find what they need quickly. We do like the fact that TenantCloud is mobile-compatible and allows you to upload documents from anywhere with an internet connection; however, if you’re looking for something simpler than this app offers, you might want to try out PropertyCatalyst instead.
RentRedi Ease of Use: 4/5
RentRedi is a very easy-to-use rental property management software. The setup is quick, the interface is intuitive and there are no training requirements, making it ideal for all types of landlords.
The ability to easily add tenants and properties makes RentRedi a highly valuable tool that gives you complete control over your properties.
With RentRedi’s property management tools you can manage tenant payments, document maintenance in real-time, keep track of lease terms, and much more!
Boma.io Ease of Use: 3/5
Boma.io is a free online rental property management software that allows you to:
- Manage your tenants
- Create an online tenant screening platform
- Generate lease agreements, rent receipts and more.
The platform has a simple interface, which makes it easy to use. It also offers many features and has a lot of users who have been using the website for years now. There are tons of reviews on their website as well so you can see what other people think about this service before signing up yourself if you like what you see here today!
Rentalutions Ease of Use: 3/5
Rentalutions is a cloud-based property management software. It is a good option for landlords who want to manage their properties from a smartphone or laptop and have at least one rental property in their portfolio. Rentalutions will allow you to:
- Manage your tenant screening process
- Create and send rent reminders
- Collect rent payments online, via check or ACH (ACH deposits are free!)
- Track late payments, maintenance requests and timely inspections/repairs with ease
These are the best free rental property management software options available right now.
If you’re looking for the best free rental property management software options available right now, here are three of the most popular:
- Zoho Rental Property Manager
- GotoRent
- Rental Manager Plus
free rental property management spreadsheet
When it comes to managing your rental properties, you want software that’s easy to use and fits with your current business. It can be tough finding the right program for landlords with little money to spend. Luckily, there are many free options out there! We’ve rounded up some of the best free property management software for landlords:
1. Our free (and awesome) landlord spreadsheet – Property Manager
If you are a landlord, then you know how important it is to be organized and efficient. Our free (and awesome) landlord spreadsheet – Property Manager makes it easy for landlords to manage their rental properties from anywhere. It is designed with the busy landlord in mind, so whether you are just starting out or managing several dozen properties, this spreadsheet will help you be more organized and get more done!
You can use our free property management spreadsheet on any computer or smartphone with internet access. You can also download our mobile app if you prefer to manage your property from your phone or tablet! This tool is great for new landlords who may not have experience managing a property before as it allows them to enter all of their expenses as they occur instead of having everything thrown together at once during end-of-year taxes — this helps them stay current without getting overwhelmed by paperwork overload!
2. This is a very simple, easy-to-use property management software for landlords and property investors – Property Tracker
This is a very simple, easy-to-use property management software for landlords and property investors.
It’s intuitive, it’s easy to understand, and it’s free to use. You can access the system from any computer (whether you’re at home or in another country), any operating system (Windows 7 or Windows 10) and any device (Macintosh or Chromebook). The software works on any browser: Chrome/Internet Explorer/Edge/Firefox as well as Safari on iPhone/iPad/iPod Touch devices. It also works perfectly with Android smartphones and tablets!
3. This is everything you need to manage one small property – LandlordStudio
- This is everything you need to manage one small property – LandlordStudio
Landlord Studio is a property management software for landlords and property investors. It is a simple and easy-to-use property management software for landlords and property investors.
4. If you want to manage more properties, the next one on our list is the next best option – PropertyZar
If you want to manage more properties, the next one on our list is the next best option – PropertyZar.
PropertyZar is a property management software for landlords who want to manage multiple properties. It’s designed for landlords who want to manage multiple properties and offers a range of features for managing a portfolio of properties.
5. If you want to grow your rental portfolio, Rentec might be the right fit for you – Rentec
If you want to grow your rental portfolio, Rentec might be the right fit for you.
Rentec is a property management software designed for large landlords. Rentec is a cloud-based software that allows landlords to manage multiple properties from one dashboard. It’s a full-featured property management software with all of the features you would expect in such a tool: tenant screening; payment collection and accounting capabilities; online rent payments; maintenance requests; online reporting tools; one-on-one communication with your tenants via email or phone calls (or both); and more!
6. Best Property Management Software for Landlords with Time on their Hands – Avail
Avail is a property management software that’s specifically designed for landlords. It has a lot of features that will help you manage your properties more effectively.
Avail automatically sends emails to tenants and prints out lease agreements and other documents as needed, saving you time. The program also allows users to upload photos of each property and create virtual tours for prospective buyers or renters.
7. TenantCloud is a super popular choice among landlords big and small – TenantCloud
TenantCloud is a super popular choice among landlords big and small. TenantCloud is an easy-to-use cloud-based property management software that lets you manage your rental properties from anywhere in the world. It’s also completely customizable and scalable, so you can start with just one property and grow as your portfolio grows.
TenantCloud is a complete property management solution for landlords who want to focus on growing their portfolio without having to worry about all the time-consuming details of running their business.
7 Free Rental Management Spreadsheets to Manage Your Properties Effectively
The spreadsheet is free.
You can easily use the spreadsheet.
The spreadsheet is easy to set up for your property management needs.
It’s easy to maintain the spreadsheet, and it’s even easier if you have a computer or laptop with internet access because you can just log into Google Drive or Dropbox and download the newest version of your rental payment software from there anytime you need it! You can also print out a hard copy if that works best for your business needs (e.g., when meeting with clients). And last but not least, it’s very easy to share this document with others so they know exactly how much money they owe each month in rent payments according to their lease agreements signed before moving into their new homes/apartments/condos/etcetera…
These are some of the best free property management software options out there!
- I have put together a list of 7 free rental property management software options that are easy to use and will do the job for landlords just starting out, as well as more experienced landlords who are looking for an affordable option that doesn’t sacrifice functionality.
- The following list includes some of the best free property management spreadsheet options:
- Listserv is a database used by many different organizations to keep track of their members’ information such as names, addresses, email addresses and phone numbers. It makes it easy to send emails or text messages to all members at once so they don’t have to individually enter their contact information every time an announcement needs made (such as an upcoming meeting).
Conclusion
Every investor wants to maximize the results of their investment. But how? With a good strategy and luck. Finding the right place to invest your money is a crucial step in the right direction. A long-term investment should be your priority, so you need to ensure safety and profitability of your capital. Unfortunately, not all rental properties are worth investing in. That’s why you need some help with choosing the best one possible. Many investors choose to hire a real estate agent who will help them with the selection process, but how much can you trust them? Well, very little. Really! So it’s better to rely on reliable information needed for the selection and avoid misinformation from fake agents who want nothing more than to earn a fat commission from you.
In the end, it’s worth noting that there isn’t one perfect solution for everyone. Every landlord has different needs and preferences, which means they’ll gravitate toward a different rental property software program. What works best for one person might not work at all for another—but that doesn’t mean there aren’t plenty of options out there today! We hope this article helped you find a solution that feels right for your business and goes beyond just being a place to keep track of properties: it can also help streamline many aspects of managing your rental properties efficiently while saving time and money in the process