Property management has evolved over time to keep up with the rapid growth and sophisticated needs of many companies. With so many new technologies, options, and choices in the different property management systems on the market, it has become increasingly difficult to decide which one is right for your needs. If you are in the business of managing single-family homes, you need to be more efficient than your competitors. To succeed, you need property management software that works for you.
Property Management Software for Single Family Homes
1. Stessa
Stessa is free cloud-based software that automates tracking of income and expenses, produces individualized reports, and aids in money management to help landlords with small property portfolios enhance profits:
- Track unlimited properties and portfolios of single-family rents, residential multifamily, and short-term rentals.
- Stessa’s online rent collection tool for Cash Management users automates ACH payments from tenants with convenient automatic rent reminders.
- Automate income and expense tracking by linking and syncing bank, credit card, and mortgage accounts.
- View asset performance at the portfolio and property levels, 24/7, via your comprehensive online dashboard.
- Run monthly reports, including income statement, net cash flow, capital expenses, tenant rent roll, and more.
- Aimplify tax reporting at the end of the year with a Schedule E report.
- The real estate balance sheet is auto-updated regularly to reflect changes in property values, mortgage balances, and owner’s equity.
- Scan and track expenses on the go with the iOS and Android apps.
- Organize and store all your real estate documents, invoices, and payment receipts to create records that all investors need.
- Claim your personalized tax package – including an income statement and net cash flow report – for free in the Stessa Tax Center.
Stessa was additionally named by Landlord Gurus as the top accounting program for landlords in 2022. On the complicated and significant concerns that landlords and property managers encounter, this website offers professional assistance. Stessa is already being used by over 100,000 investors to track over 250,000 properties with a combined asset worth of over $60 billion.
Roofstock owns the company Stessa. Whether they are experienced investors or global asset managers, users can evaluate, buy, and own residential investment properties using the Roofstock platform. What’s best? All of it can be done from anywhere in the world.
2. Apartments.com (Cozy)
Apartments.com (formerly Cozy) is a free tool that streamlines all aspects of managing single-family rentals, from advertising them to screening potential tenants to concluding leases and collecting rent. It can be used by your tenants to request maintenance as well. Additionally, Apartments.com offers a variety of optionally charged services, including premium listings, tenant screening, and application fees.
3. AppFolio
Due to its extensive features, which include marketing and leasing, maintenance and operations, communication and service, accounting, and reporting, AppFolio can be a suitable option for you if you manage a lot of properties. However, the minimal size restrictions might not make it the best choice if you have fewer properties.
A one-time onboarding cost based on the size of your portfolio is additionally levied, and pricing currently starts at $250/month with a minimum of 50 units. Each extra unit is charged between 80 cents and $1.50, depending on the package chosen.
4. Avail
Avail assists landlords in keeping organized and in control of their finances and properties. The program is available in free and premium versions (now $0/unit/month to $5/unit/month), and it has features including tenant screening, lease building, marketing for vacant properties, online rent payments, and maintenance tracking.
5. Buildium
For real estate owners and property managers who look after 5,000 units or more, Buildium might be a wise alternative. All residential property types, including rental homes, affordable housing projects, student housing complexes, and community organizations, can use the program.
It has online portals for owners and tenants as well as accounting tools, maintenance tracking capabilities, task lists, infraction reporting, and resident and board member communications channels. There is no minimum order quantity and monthly costs range from $50 to $460 depending on the features, reporting, and support options chosen.
6. DoorLoop
For single-family and multifamily buildings, affordable housing, student housing, mobile homes, community associations, commercial properties, and self-storage, DoorLoop is a property management system.
The software provides all the features you require to streamline your property administration, including strong marketing and leasing capabilities, online rent collecting, maintenance management, and CRM with a tenant portal. Depending on the features chosen and the number of units under control, current subscription costs range from $59 per month to $139 per month, with occasionally accessible reductions or promotions.
7. Hemlane
The software used by Hemlane automates processes like renting out vacant properties and collecting late fees. In order to identify and place a renter while you run the property, a DIY landlord can contact with local leasing brokers. There are other pricing options and bundles available, with one unit now costing $30 per month. Utilizing the company’s lease and property management software features, small landlords can adopt any management style they like.
8. Innago
A number of services are offered by Innago software for managing rental properties, including listings, online tenant screening and leasing, rent payments, a tenant portal for maintenance issues, financial tracking and reporting, and rental property administration. The software is free to install, and there are no ongoing fees or contracts necessary. Landlords have the option to pay for tenant screening and online rent payments themselves if they so choose, but Innago earns money by charging tenants for these services.
9. Landlord Studio
The Landlord Studio software offers tenant screening, online rent collecting, simpler accounting and tax reporting, and document management for many properties. You can create a listing on the Landlord Studio website if you have a vacant property. This will feature pictures of your property and a portal for tenant screening. Then, you can share the link to your rental listing via social media, emails, and well-known rental listing websites of your choice.
Depending on the plan chosen, the current price for one unit ranges from $6.99 to $35.99 per month, with reductions offered for annual billing and a 14-day free trial.
10. Marble
As of September 2022, Marble’s virtual rental management system will look after your rental for a fixed charge of $50 per unit. According to the business’s website, more than 200 owners use the service to manage more than 400 properties.
Rental advertising, tenant screening, tenant visits, maintenance coordination, financials, and online rent are some of the features. There is no startup cost, no contract, no markup on maintenance, work done after hours or on holidays, or placement fee for new tenants.
11. Propertyware
Propertyware was created to provide solutions to the unique problems faced by residential managers and owners of single-family properties. Numerous functions of the software include online leasing, upkeep, bookkeeping, and risk management.
Propertyware, however, might be more appropriate for investors and property managers who manage larger properties. The business now charges a minimum monthly fee of $250 (equal to 250 units), plus a one-time implementation fee of at least $500, even though there is no minimum unit requirement (2 times the monthly subscription price). Property websites, maintenance contact centers, and additional services are also offered for an additional price.
12. Rentec Direct
Landlords, apartment owners, and property managers can streamline their operations by using the online property management software solution known as Rentec Direct.
The software offers features like tenant screening (for a fee), online listing of properties, tenant screening, uploading and signing of lease documents, online rent payments, management of maintenance and work orders, automatic tracking of income and expenses, customized financial reporting, Schedule E tax reports, and data synchronization with QuickBooks. Right now, the business has two pricing tiers, starting at $35 per month.
13. RentRedi
For landlords only, RentRedi provides a complete property management software solution. The RentRedi platform’s core features include posting available homes on well-known rental listing websites, tenant screening and online leasing, collecting rent, handling maintenance requests, and providing comprehensive financial reporting.
The company now offers 3 different pricing tiers, with monthly prices as low as $19.95. Additionally, RentRedi collaborates with REI Hub to provide accounting plans starting at just $15 per month for up to three units for landlords who require financial reporting.
14. TenantCloud
TenantCloud provides landlords with a customizable online platform to manage properties and tenants together with an online payment system and leasing management system. Based on selected features, the company now offers 4 pricing tiers (including a free plan) starting at $15/month, as well as a special pricing structure for large landlords.
Listings, tenant screening, online electronic lease signing, rent collecting, QuickBooks online syncing, and tax reporting are among the features of the software.
15. Zillow Rental Manager
Landlords can easily market their rental properties on our network and attract eligible tenants. In addition to conducting credit checks, signing electronic leases, and even collecting rent payments online, landlords can give prospective tenants a virtual tour of their home.
Landlords can download a free worksheet to assist them in manually keeping track of up to 5 properties or units, even if Zillow Rental Manager doesn’t automate income and cost tracking.
Best Property Management Software for Small Landlords
TenantCloud
With a free TenantCloud account, landlords can manage up to 75 units, track one appliance, such as a refrigerator or dishwasher, use one landlord lease template, receive 10 service reminders, and have 512MB of storage available. Landlords can also handle maintenance issues online thanks to TenantCloud’s maintenance management system. Landlords may connect with service providers, send messages, manage invoicing, and receive video and photographs of tenant maintenance requests.
Additionally, Rentler, a service provided by TenantCloud, offers a free real estate listing website that is syndicated with a number of well-known websites, including Apartments.com, Zillow, and Facebook Marketplace. This can greatly increase the visibility of your listings and help you draw in prospective tenants.
Landlords can create documents like leases using TenantCloud and have them digitally signed. Additionally, state-specific lease templates that adhere to each state’s lease laws are included. The content of your lease can be pasted into the system or uploaded as a PDF. As with any digital signature service like DocuSign or PandaDoc, you can also include merging fields that will update with each new lease you create.
Avail
With Avail, independent landlords may manage every aspect of their rental property on their own, from online rent collection to managing property advertising. Independent landlords can quickly find renters to fill openings, sign leases, verify credit histories, and collect rent thanks to its user-friendly website.
Avail likewise offers a free subscription plan, but in contrast to TenantCloud, it only includes the most fundamental property management capabilities, such as syndicated listings, applicant screening, state-specific leases, online rent payments, and maintenance tracking.
Additionally, independent landlords are able to quickly request rental applications that include vital details like contact information, employment histories, and residence histories that help decide whether the prospective renter is qualified to dwell in the rental property. The platform also makes it easier for landlords to communicate with tenants by enabling them to book tours with potential tenants, conduct prescreening interviews, and handle maintenance requests from current tenants.
Buildium
Buildium offers adjustable pricing for up to 5,000 units, making it a great choice for big property management companies. Each plan comes with tools for managing rental properties, such as web portals, tenant communication, and expedited application procedures. These technologies support landlords in managing and monitoring daily operations, including the rental payment process. Aside from free e-leases, Buildium also provides free property inspections; however, the Essential package includes a cost that starts at $40.
The program offers a free, attractive website that helps property managers build their brands and market their vacant units quickly. In order for potential residents to apply on your website when interested in a unit, it also enables you to modify the rental application.
To help you with the learning curve, Buildium provides comprehensive customer assistance and Buildium Academy, its self-guided training program. From fundamental setup to complex procedures like leasing and association administration, Buildium Academy covers it all.
SimplifyEm
For landlords and property managers with up to 2,000 units, SimplifyEm is a simple-to-use cloud-based property management solution. Before you can begin, there is no extensive training or additional tool expertise needed. Users can access SimplifyEm from any location in the world using the internet. With its features for capturing tenant information, monitoring insurance, tracking deadlines, creating invoices, and collecting online rent payments, it enables property owners to have better insight into both their occupied and unoccupied units.
The accounting module of SimplifyEm handles accounts payable and receivable, periodic rent payments, as well as transaction history. The software also creates monthly statements and exports rental data to connected programs like QuickBooks and Excel. Additionally, landlords can email all renters at once or provide mass reminders.
Property Manager Cloud
For managers of a variety of property kinds, Property Manager Cloud is the best option. It is a fantastic option for property owners managing both commercial and residential properties because it can handle single-family homes, multifamily homes, mobile home parks, and even hotels.
Users may automate daily operations including application processing, tenant notices, and bookkeeping thanks to Property Manager Cloud’s functionality. To make monthly payments more convenient, property owners can even set up an automated debit system with the residents.
In addition to this, it gives tenants access to a tenant site where they may pay rent, request maintenance, monitor due dates, and view payment history. The owner portal in Property Manager Cloud enables customers to view up-to-date information about their properties across several locations and create reports.
TurboTenant
The most cost-effective monthly membership option for TurboTenant’s property management software is available for free and starts at $4.92. Features for lead management, tenant screening, online rent collecting, document management, maintenance requests, and expense monitoring are included in all subscription tiers. Additionally, property owners can alter their plan and pay for add-on services such as lease addendums and e-signatures that are required.
TurboTenant provides tools that make managing tenants for landlords easier, like the ability to make specific listing pages and send mass communications to tenants from a single email. By integrating with Facebook Marketplace, Apartment List, and Realtor.com, landlords may also market a vacant home across several sites with an one click. In order to speed up and simplify operations, landlords may also use TransUnion to evaluate prospective tenants. They can also email and sign any paperwork online using the platform, as well as submit requests for payments and maintenance.
Free Property Management Software
Stessa
With smart money management, automated income and spending tracking, individualized financial reporting on a property and portfolio level, and much more, Stessa gives landlords real-time information to help them maximize earnings.
For ease of use throughout tax season, features include limitless property monitoring, online performance dashboards, document organization and storage, unlimited monthly financial reports, and export-ready financials. Rent analysis, mortgage financing, and market research are examples of premium services.
IManageRent.com
To assist maximize rental property earnings, iManageRent is a free, fully integrated property management software solution with extra optional features like market rent estimations and automated rent hikes.
While the premium plan starts at just $9.95 per unit per month, the basic plan is free.
Schedule My Rent
A free property management software program called Schedule My Rent provides online rent collection in addition to other features.
Great tenants can be found and chosen, rent can be paid online or in cash, late fees can be assessed, security deposits can be tracked and released, lease agreements can be uploaded and saved, tenant move-in reports can be managed, maintenance requests can be handled, and income and expenses can be kept track of. Landlords pay nothing, and there is a $2 fee every payment made online for rent.
Cozy
In order to provide free online rental and property management tools, Cozy has partnered with Apartments.com.
Landlords can use syndicated listing services like Realtor.com to advertise unoccupied properties, screen renters online, collect rent payments, and keep track of their properties’ earnings and costs. Any device can be used by tenants to submit detailed requests for repairs that include images and videos. Landlords have access to online receipt storage and CSV and PDF exports of their financial information.
Housters
In addition to capabilities for taking online rent payments, tenant screening, maintenance management, invoicing, accounting, and financial reporting on your main and property dashboards, Housters gives landlords a full-featured property management software system.
Landlords can track rent and deposits owed from tenants, send bills for unpaid rent, receive requests from tenants for repairs, share to-do lists with contractors, and use powerful cash basis and double-entry accounting to save bookkeeping costs. Pricing drops to just $1 per unit each month after the initial 3-month trial.
Innago
All property types, including single-family rentals, multifamily homes, and dorms, can use Innago. There are no contracts to sign, setup costs, or monthly expenses.
Tenant screening, online rental payments, online lease and document storage, work order monitoring, and financial tracking and reporting are just a few of Innago’s property management capabilities.
Rentigo
Processing rent payments, managing maintenance vendors, and automating marketing for renting out vacant homes are all features of Rentigo’s property management software.
With the use of the free tenant app, renters may email maintenance requests via “snap & send,” schedule automatic recurring rent payments, and pay rent online. Additionally, Rentigo provides a tailored white-label app to assist landlords in creating their own identity for an expanding rental property portfolio.
Hunt
Hunt is geared toward helping landlords fill vacancies fast with the right tenants and collecting rent online. Landlords can market vacant property for rent, screen tenants with credit reports and eviction history checks, and link multiple bank accounts to collect rent payments from tenants online.
The service is relatively new, with property management tools such as document uploading, automatic late fee billing, and maintenance requests all in the works. Hunt will also offer a feature to help tenants build their credit by paying the rent on time.
Rentler
The free property management software from Rentler was created by landlords for landlords. The program aids landlords in promoting their rental properties, processing tenant applications and background checks, accepting online rent payments, and scheduling maintenance needs.
The free Rentability Report assists landlords in determining a fair market rent by providing an overview of the local renting market in the event that a tenant vacates.
TenantCloud
Landlords can find everything they require in one convenient location thanks to TenantCloud, a free end-to-end property management software solution. Tenant management, online payments and maintenance requests, full accounting, property analysis reports, a free listing website for empty properties, online applications, tenant screening, and automatic invoicing are among the features.
Rezedent
Independent landlords, small and medium-sized property managers, and renters can all use Rezedent’s online property management platform.
Up to one unit per month, the service is free. Prices for two to ten units per month start at $10. Rezedent has modules for renter’s insurance, tenant screening, accounting, maintenance requests, vacancy posting, and online newsletters.
Total Management
Web-based property management software designed by property managers for property managers is available from Total Management. Real estate investors who own single-family houses, apartments, and student accommodation created the service.
Along with a full accounting system, features include a customizable property management dashboard, work order management, tenant tracking, and a tenant portal for making rent payments and maintenance requests. After the free trial period, pricing starts at $1 per unit per month.
Cloud-based Property Management Software
DoorLoop
DoorLoop, a market-leading cloud property management platform utilized by landlords, tenants, investors, and property managers and businesses worldwide, starts off our list. Due to its comprehensive and strong array of rental property management tools, which enables property owners to easily maintain and expand their rental portfolio, it has won the #1 spot in our rankings.
DoorLoop offers a variety of tools to assist you manage your properties, from collecting rent to taking care of property insurance, whether you have residential, commercial, student housing, or affordable housing properties. You may engage with both potential tenants and current tenants using a single system thanks to the software’s inclusion of a tenant portal and CRM.
Additionally, DoorLoop provides an accounting section that enables you to keep an eye on all of your finances.
Condo Control
An other shrewd selection for a property management service is Condo Control. A mobile property management software makes it possible for you to manage all of your rental properties from a single platform. It is filled with tools for communication, record-keeping, security, and concierge. The best app for self-managed rental properties and associations is Condo Control since it makes property administration simpler for both owners and tenants.
Almost every area of your property operations can be streamlined and automated with the help of the program, which offers a collection of powerful and practical solutions. It provides a wide range of asset management tools that let you make changes to and maintain asset data from desktop or mobile devices. You may approve, track, and manage amenity bookings from the same site as well.
In addition, Control Control is furnished with tools for issuing, monitoring, and handling violations from tenants of real estate. You can give notices, set deadlines, and allow tenants to pay violation fines through the platform after issuing a violation. You can also generate reports on infractions by status, category, or unit using Condo Control.
TenantCloud
TenantCloud is a comprehensive property management tool that takes care of practically all of your management tasks, from tenant vetting to work order processing. It enables you to market vacant properties, screen potential tenants, and receive payments online. TenantCloud is associated with several listing partners where you can post your unoccupied rentals in order to assist you in listing them.
Additionally, TenantCloud enables you to write or upload your lease agreements online and send invitations to tenants for electronic signatures. The solution also offers a large selection of rental agreement templates, making it simple for you to create an online lease.
You can simply coordinate, plan, and schedule maintenance requests for your tenants using TenantCloud. The system also includes tracking capabilities that enable you to maintain tabs on expenditures and materials used for maintenance and repairs.
HemLane
HemLane is a complete solution that assists landlords and property managers with renting out their properties, keeping track of leases, and facilitating repairs and maintenance. The entire rental management lifecycle is streamlined and automated, from locating the ideal tenant to accepting online rent payments. You can manage your finances and strengthen the financial stability of your company by using the solution, which also enables you to track income and expenses for all of your rental properties.
Additionally, HemLane offers all the resources required for remote property management. It provides a single, centralized location where you can securely store and manage real estate contracts and other important documents. You may manage lease renewals and keep track of contract and lease expiration dates with its lease management feature.
Additionally, HemLane has a tenant portal that makes it simple for applicants to log in and check the status of their applications. Additionally, tenants can utilize some of the biggest online payment gateway providers, like PayPal, Venmo, Zelle, or direct deposit, to process their payments through the portal.
Building Engines
Building Engines is a user-friendly property management software that simplifies the management of rental portfolios and is ideal for property owners managing facilities, commercial offices, real estate, retail, or industrial units. All property management duties and responsibilities, such as upkeep of assets and machinery, tenant services, and operational risk management, are automated.
You can access information, duties, and activities pertaining to your rental properties using the single platform provided by Building Engines. You can improve the efficiency of your company and provide your tenants with better services by having all the tools you require for property management in one location. Additionally, the solution aids in prioritizing work orders and services, allowing you to give jobs that demand your immediate attention a greater priority.
ActiveBuilding
ActiveBuilding is another collaborative property management software that streamlines communication between you and your residents and helps you stay on top of work orders for your rental units. It lets you prioritize maintenance tasks for your properties, allowing you to fulfill your role as a landlord more efficiently and keep your residents secure on your properties.
The software also offers a social platform where residents can share important information or announce events and activities. Additionally, ActiveBuilding offers a customer-facing portal where tenants can easily request for lodging services or repairs and maintenance. The solution automates most of the critical tasks involving rental management, including tracking keys, receiving parcels, common space reservations, and guest validation.
RealPage
RealPage offers a suite of property management tools to ensure the peak performance of your rental business. It lets you automate, centralize, and organize tasks related to your day-to-day operations, allowing you to save time and expenses and reduce compliance risks. RealPage is also a highly customizable solution that scales as your business grows.
With RealPage, you can manage every detail of your commercial, conventional, and affordable properties. These include automating service requests and managing asset conditions remotely, as well as storing and organizing digital compliance documents and other electronic records for your property business.
Conclusion
Have you ever tried to find property management software for single family homes? It’s a nightmare! You have to try dozens of different solutions before finding the right one. It’s time consuming and frustrating. Not to mention, you don’t even know if they’ll work properly until you test them out with your own home. When you have a property you’re looking to rent out, there’s a bunch of tools that can make the whole experience much easier. Luckily, there are some great property management software solutions for single family homes, both on the low and high end.