When you manage a property, your focus is on the property. So it’s only natural to think about the best free rental property management software for small landlords. Many landlords and property managers have gone the free route in the past. It’s a viable option but not the best. The top features of paid products are integrated into free applications that cost money; this means you still need to spend time researching and learning all of the tools for free applications, but you also use time finding ways to scrape by with little or none of the functionalities from within the application.
When you have a small rental property business, you do not have the resources to afford expensive software. But if you are running a small rental property business and want to deal with financial aspects of your business, the need for a good rental property manager comes into play. In this article, I am going to list some free best property management software you can use for your Rental Property Management.
The best rental property management software is the one that’s best for you. Depending on your needs and goals, some of these options might be a better fit than others.
Propertyware
Propertyware is a rental property management software that allows you to manage your portfolio of properties from the comfort of your own home. It includes all the tools you need to keep track of rent payments, rent collection, maintenance requests, tenant screening and more.
The software is free for landlords with five or fewer units (or $50/month if you have more than five). If you don’t want to pay any money at all for your property management needs, this may be the right tool for you.
Rental Property Manager
Rental Property Manager is a free online rental property management software that allows you to manage your properties, tenants and finances from one easy-to-use system.
Rental Property Manager is simple and intuitive to use, allowing you to save time when managing your rental properties.
The software has all the features you need to manage your tenants and rentals efficiently:
- Create tenant profiles with custom fields like rent payment history or pets
- Add notes about each tenant so you know what they’re looking for in an apartment
- Keep track of move-in/move-out dates to avoid late fees
- Review tenant applications for credit checks or background checks
Cozy
Cozy is the most affordable solution you’ll find. It’s free for landlords to use, and it’s online, cloud-based and mobile friendly. Cozy can be used by landlords to manage multiple properties and tenants, making it a great choice for large-scale property management.
Zillow Rental Manager
Zillow Rental Manager is a free rental property management software for landlords who want to manage their rental properties from a single location. It can connect to your bank accounts, property listings, tenant and maintenance apps, and utilities management software.
Zillow Rental Manager can function as a stand-alone program or be integrated with other online platforms such as Facebook Messenger and LinkedIn messages. The mobile app allows you to accept payments on the go with ease while keeping track of all your expenses along the way.
Homestead
Homestead is a free, cloud-based property management software. It allows you to manage your rental properties online, including accounting and tenant management. Homestead is easy to use and customizable, so it will fit your needs whether you are a novice or an experienced landlord.
This software is customizable—it has customizable email templates that allow you to send out emails directly from the platform without having to find an email program on your computer (or mobile device). Homestead also allows you track expenses, income, and tenant activity so that you can keep track of how well your business is doing at any time! Another great feature of Homestead is that it can be used on multiple platforms including desktop computers as well as phones like Android or iPhone devices (or both). This makes managing multiple rentals much easier if they’re spread out over different locations around town – just log in wherever there’s internet access!
Landlord Toolkit
- Free.
- Simple.
- Cloud-based, so you can access your data anywhere and everywhere! Landlord Toolkit works on mobile, desktop, tablet and laptop to help you manage your property from anywhere in the world with an internet connection.
- Easy to use: From start to finish, we’ve made this as simple as possible for you so that you can get back to more important things like collecting rent or making a cup of tea (or coffee).
free
Free means that you will not be paying any money to use the software. There will be no hidden costs, monthly fees or annual fees. You won’t need a credit card or any other information either.
best free property management software for small landlords
Landlordy is a great property management software as it offers everything you could want in a PMS, at an affordable price. The platform allows for easy creation of leases and provides a host of features such as tenant screening and background checks, rent collection options, payments and deposits, collections from tenants directly into your bank account and more.
TenantCloud is a good solution for landlords who want:
If you’re a landlord who wants to manage your properties using a mobile device, TenantCloud is an ideal solution. This software also offers the option to accept online payments from tenants, making it easy for you to get paid on time. And if you’re looking for a free or low-cost property management system, TenantCloud might be worth checking out.
You can manage this software completely online without having to install anything on your computer, which makes it easy for landlords who don’t have much experience with technology and would rather stick with something familiar—like paper records and pen and paper!
to be able to manage their properties using a mobile device.
The best property management software will be easy to use. That means you should be able to navigate the app or website on a mobile device. You’ll also want to be able to document your properties and tenants on the go, so look for options that allow you to take photos, add notes and documents, create tasks and set reminders, keep track of expenses and payments—and even add contacts or vendors if necessary.
the option to accept online payments from tenants.
It’s easy to accept online payments from your tenants.
Here’s what you need to know:
- With the right property management software, you can accept online payments from your tenants.
- Online payments are super convenient for both parties because they’re fast and secure, which means everyone saves time (and possibly money) on transaction fees.
- Your tenant can use a credit card, debit card, PayPal or Apple Pay to pay their rent each month with this feature enabled in your property management software system of choice.
a free or low-cost property management system.
If you are a landlord and you want to manage your property without paying a monthly fee, there’s a range of free or low-cost property management software available. Here we give an overview of some of the best options.
Free Property Management Software
The following are some free property management systems:
- OpenAgent (https://openagent.co/) – OpenAgent is an all-in-one platform that allows landlords to list and book viewings for their properties. The software also provides excellent support for tenants by offering a full suite of features such as rent payment reminders and letting agency fees integration with third parties such as PayPal and Amazon Payments. The service can be used on any device via iOS or Android apps, or even via email if you don’t have access to the web at all times during business hours. This is one of the most popular free solutions out there due to its simple user interface, attractive design elements (such as convenient drag & drop functionality), helpful resources section which covers topics like setting up landlords accounts etc., notifications sent automatically in case something urgent needs attention right away).
to manage the software completely online, without having to install anything on their computer.
One of the most annoying things about many property management software is that it requires you to install software on your computer, and not everyone has the time or patience for this. That’s why we only recommend platforms that allow landlords to manage their properties completely online, without having to install anything on their computer at all.
When it comes to managing your property from anywhere in the world with any device or web browser, these platforms are a great choice! You can access them from anywhere and never have to worry about losing track of an important document again because everything is stored safely in one place.
Tenant Cloud
- Tenant Cloud is a property management software that is cloud-based and offers great solutions for landlords.
- This software has a free plan which can be used by anyone who wants to manage their properties using a mobile device.
- The easy-to-use interface makes it possible for you to view reports and make changes from anywhere at any time, making it an ideal solution for those who are active in real estate investments.
Landlordy.com — Free and premium plans. Landlordy has many of the standard features you will find in most software programs, such as tracking tenants and payments, sending legal notices and connecting online with tenants. Its premium plans offer more advanced applications, including sending emails to tenants directly through the site, exporting reports to PDF and CSV formats and allowing multiple users with different access levels.
Landlordy.com has a free plan and premium plans that cost $29 per month. The free plan offers most of the standard features you will find in most software programs, such as tracking tenants and payments, sending legal notices and connecting online with tenants. Its premium plans offer more advanced applications, including sending emails to tenants directly through the site, exporting reports to PDF and CSV formats and allowing multiple users with different access levels
The premium plans also include tenant screening services that allow landlords to identify criminal records or past evictions before accepting a new tenant. Landlords can also use these services for any additional screening they may want before accepting a new tenant into their property. These services are often used by landlords who only want to accept applicants who meet certain criteria such as income level or credit score requirements.
Cozy.co — Free plan with paid add-ons – Cozy has a free basic plan, but you have to pay $30 a month for access to features such as tenant screening and rent collection services. You can sign up for free credit reports every month if you pay $29 per month, as well as an automated rent payments system if you pay $5 per month. If you have large quantities of data that you need in your system, it may be worth paying the fees so that you don’t lose valuable information from your records. Other paid add-ons include landlord portals for posting vacancies and listing properties for rent or sale.
Conclusion
I hope this list helps you find the best rental property management software for your needs. If you have any questions, please feel free to contact me at [email protected]