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List of Property Management Software Companies in 2024

What is the top property management software company in 2025?
The top property management software company is DoorLoop due to its end-to-end solutions, ability to automate workflows, and built-in CRM features. In addition, the platform streamlines communications and financial transactions between property stakeholders with its interactive portals.

Managing properties is like driving with multiple forks on the road, and you need to go through each thoroughfare, sometimes concurrently, to get things done. Clearly, a property management software solution helps in this regard, given the way it streamlines various property workflows. However, finding the ideal software provider is no walk in the park. After all, a lot of companies claim that their systems carry many of the must-have features for property management.

This is where this guide comes in. We’ve compiled a list of property management software companies of 2022 and have noted down pertinent information surrounding each one. Additionally, we shone a light on their products, key product features, and integrations. By reading this guide, you can effectively shortlist your options and center on the most ideal ones.

top property management software companies

Challenging tasks are commonplace in the realm of property management. Managers have to work on property concerns like amenities, repairs, and maintenance as well as resident payments and requests. In addition, there’s the task of finding tenants, which partially resembles the hiring process in companies. Not performing all of these at an optimal level adversely affects one’s reputation, which, in turn, could bring down a property’s occupancy rate.

The latest real estate statistics suggest that there are particular aspects at the center of property managers’ headaches. Hiring and maintaining staff comes as the biggest challenge, with 27% of managers citing it as such, followed by increasing revenue (15%), property damage and maintenance issues (14%), time management (9%), and reducing operating costs (8%).

Source: Unicom 2022

The good news is top-tier property management systems are designed to address all of these and provide solutions to improve the online presence of property ads. After all, 51% of real estate clients have purchased a property online, so this helps a lot in improving occupancy rates. If we look at recent real estate trends, the growing use of these systems may have a positive effect on the industry. The US rental vacancy rate slid to 5.6% in 2021 from 6.5% in 2020 while the market size of property management software increased from $902.6 million in 2020 to $964.1 million in 2021. This underscores the importance of these systems and finding the best solutions.

How can property management software enhance tenant retention?

Tenant retention is a significant focus for property managers, as high turnover rates can lead to increased expenses and decreased revenue. Effective property management software can improve tenant satisfaction and encourage long-term tenancy through various functionalities designed to address tenant needs and streamline their experience. Here’s how property management software can help with tenant retention:

  • Improved Communication Channels: Many property management systems offer tenant portals and messaging tools, allowing tenants to communicate directly with property managers for requests, concerns, or updates. This quick and easy access to support helps tenants feel heard and valued, building a positive relationship.
  • Streamlined Maintenance Requests: Tenant satisfaction often depends on how promptly maintenance issues are addressed. Property management software enables tenants to submit maintenance requests online, including photos or detailed descriptions. The software then assigns tasks to maintenance staff and tracks the progress, ensuring faster response times and transparency.
  • Timely Rent Payment Reminders and Flexibility: With built-in payment processing, property management software provides tenants with various payment options, such as credit cards or bank transfers. Automated reminders for due dates or late payments help tenants avoid missed payments and late fees, creating a smoother financial experience.
  • Amenities and Community Engagement: Some systems include tools for reserving community amenities, such as gyms, conference rooms, or event spaces. In properties with community events or shared spaces, these tools can foster a sense of belonging and community, which contributes to a positive tenant experience and encourages retention.
  • Automated Lease Renewals and Reminders: Automated reminders and online renewal processes make it easy for tenants to renew their leases without hassle. Additionally, lease terms can be discussed and updated through the platform, reducing administrative delays and increasing the likelihood of renewal.
  • Enhanced Security and Privacy: Property management software often includes secure payment options, data protection features, and compliance with privacy standards. These aspects contribute to tenants feeling secure and valued, adding another layer of satisfaction.
  • Personalized Tenant Experience: With data insights, property management software can provide tailored communication and services. For example, property managers can send custom offers for early renewals or seasonal maintenance checks, creating a more personalized and proactive approach to tenant care.

You can start your search with our list of property management software companies of 2025 below.

Top Property Management Software Companies in 2025

1. DoorLoop

DoorLoop dashboard

Founded in 2019, DoorLoop has made a name for itself imparting efficiency and convenience to property management operations in a short time. It began with the idea of easing the burdens of property management as its co-founders experienced the trials and tribulations of the job, themselves. Receiving $10 million from its early investors, the company established its headquarters in Miami, Florida, and has since gone global with offices in London and Tel Aviv. Its founders have made it their mission to make life easier for property owners, managers, and residents.

Much of DoorLoop’s success revolves around the diverse capabilities of its software. The multifunctional platform grants property owners and managers countless solutions, starting with tools for organizing tasks and workflows, performing accounting, facilitating and receiving online payments, and lead generation and tenant screening. It also automates routine tasks and protects sensitive info with enterprise-grade security. Moreover, all types of users can communicate, send requests, and receive updates from self-service portals while managers can increase occupancy with its listing solution. As an API platform, DoorLoop features custom integrations but also integrates with third-party apps like QuickBooks, Zapier, Google Calendar, and RingCentral.

DoorLoop

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Try out DoorLoop with their free trial

Why choose DoorLoop?

  1. All-in-one property management solution. DoorLoop does not skimp on the features. It presents solutions for accounting, task and workflow management, vendor management, bill tracking, and onboarding and training, among many others.
  2. Automated workflows. DoorLoop trims the excesses in operations and automatically suggests or performs tasks. This drastically cuts operation times.
  3. Interactive stakeholder portals. DoorLoop connects owners, managers, staff, and tenants to its self-service portals. These can be used to send maintenance requests, view financial information, and receive updates.

Detailed DoorLoop Review

2. Condo Control

condo control dashboard

Headquartered in Ontario, Canada, Condo Control has earned a reputation for leveraging technology to help residential communities streamline various aspects of property operations. But before it reached its lofty position in the property management industry today, it was birthed from the idea of clearing operational roadblocks in 2008. Founder Brian Bosscher saw the systemic issues that hampered service when he bought a condo in 2006. This yearning for change would eventually bring about one of the most highly regarded property management platforms around.

Condo Control puts together all the solutions necessary to make life easy for all property stakeholders. Owners and managers can plan and delegate tasks, track requests, send and receive payments, and track packages and maintenance requests. Meanwhile, the system enables residents to book amenities, perform financial transactions, and keep track of updates. Communication is always clear between stakeholders through tools like discussion forums and resident portals, ensuring the satisfaction of all parties. Moreover, the platform carries a proxy voting solution when sweeping changes have to be enacted. Condo Control integrates with apps like Stripe, Yardi, Snaile, and Condo Manager.

Why choose Condo Control?

  1. End-to-end property management solution. Condo Control’s solutions cover the entire property management process. It also bears specialized solutions for proxy voting, visitor parking, and handling and tracking packages.
  2. Painless online payments. Condo Control furnishes self-service portals through which residents can send online payments and managers can receive them. It also accounts for refunds and cancellations.
  3. Effective recordkeeping. Condo Control leaves no detail undocumented as it can be used to record documents, requests, meetings, and resident information. It serves as a knowledge base and a board for updates.

Detailed Condo Control Review

3. TenantCloud

TenantCloud dashboard

TenantCloud aims to make life a lot easier for landlords by streamlining the rental workflow and has gone beyond this mission with its powerful platform. Launched in 2014, the company has its headquarters in Austin, Texas. Now having offices in Ukraine and the Philippines, it has rapidly grown with over 2 million users, more than 100,000 listings, and $300,000 in rent processed daily. The company maintains that it is not a property management firm but it has sworn to deliver all the tools necessary to improve the functionality of property businesses.

As such, TenantCloud has become one of the most sought-after property management systems on the market, and for a good reason. It brings end-to-end solutions to property management that benefits all stakeholders. These include financial management, invoice management, lead management, inspection management, and tenant tracking, among many others. The platform also provides portals that enable users to pay and collect rent, view store rental info, and send and respond to maintenance requests. Moreover, it carries a plethora of communication tools to connect everyone on the property. TenantCloud integrates with Stripe, Dwolla, QuickBooks, and Google Calendar.

TenantCloud

TenantCloud

Try out TenantCloud with their free trial

Why choose TenantCloud?

  1. Expansive toolset. TenantCloud’s features account for entire property management operations, from connecting to people to simplifying rentals and service request procedures. It also has comprehensive accounting and financial solutions.
  2. Multifunctional portals. TenantCloud bridges the gap between landlords, their staff, and tenants with its dedicated portals. With these, all the stakeholders can communicate, collaborate, and send or respond to requests.
  3. Efficient with finances. With its accounting and financial solutions, TenantCloud records transactions, helps accountants prepare financial statements, facilitates payments, and enables managers to perform billing and invoicing. It also tracks tenants and rent.

Detailed TenantCloud Review

4. Hemlane, Inc.

Hemlane dashboard

Established in July 2015, Hemlane is known for giving power to the user when it comes to leasing and retail listings. The idea of creating an app came from founders Frank and Dana, who recognized that the most prized real estate investments weren’t in their area. Leveraging their experience at Silicon Valley, they realized the challenges that face property managers and went on to develop a solution that imparted convenience in the rental lifecycle management experience, which would be known as Hemlane. Now, the system boasts a retention rate of nearly 98% across the United States.

As a platform, Hemlane offers flexibility and ease in raising a property’s occupancy rate and keeping residents satisfied to stay long term. The system empowers landlords and property managers to post ads on as many as 30 reputable listing sites in one go and affords them tools for tracking and thoroughly reviewing applicants. As for residents, the platform tracks leases and payment statuses, before automatically sending notifications, and facilitating payments. It also sends alerts per maintenance request and streamlines communications between tenants and service providers. Hemlane integrates with business apps like Stripe, TransUnion, iRent, and Realtor.com.

Why choose Hemlane, Inc.?

  1. Enhanced rental promotion. Hemlane allows users to post ads on up to 30 rental listing websites in one go. This instantly generates more interest for the property.
  2. Thorough lease tracker. Hemlane records lease contracts and keeps tabs on their payment statuses. It also notifies users if upcoming payments are nearing or at their due dates.
  3. Reliable maintenance tracker. Hemlane takes in resident service requests, allowing users to include photo and video attachments. It also alerts managers or service providers to each request entered.

Detailed Hemlane Review

5. Building Engines

Building Engines dashboard

Building Engines has become synonymous with providing innovative solutions to property management. Launched in 2000, its founders sought to weave an exceptional experience for every property stakeholder, be it owners, managers, residents, or service providers. Now headquartered in Boston, Massachusetts, the company has grown considerably as its platform currently manages an estimated 4 billion square feet of properties and has taken in more than 35,000 properties. It looks to further expand its userbase of over 1,000.

Moving over to its software, Building Engines is a multifunctional property management system that centralizes a wide range of solutions for property operations, including work orders, maintenance, amenity bookings, inspections, and visitor access. It enables managers to customize workflows and create service programs, accounting for targets and task priorities. The system also tracks KPIs and provides collaboration tools within its self-service portals to connect landlords and tenants. Moreover, it is capable of turning mobile devices into inspection tools for gathering data and managing tasks. Building Engines is an API platform, thus allowing you to customize integrations.

Detailed Building Engines Review

Why choose Building Engines?

  1. Massive roster of features. Building Engines unifies a plethora of management and communications functionalities to effectively streamline operations. It also automatically syncs data across its modules.
  2. Custom service programs. Building Engines empowers managers to create and customize service programs that are relative to their operations. This accounts for their sequence and priority levels.
  3. Mobile property inspections. Building Engines turns smartphones into gadgets for inspection. In using these, inspectors can collect information, post updates, and manage tasks.

6. ActiveBuilding

ActiveBuilding dashboard

Founded in 2008, ActiveBuilding is known for making apartment life easy for property owners, managers, and residents. It was acquired by real estate technology company RealPage in 2013, which helped develop the platform into what it is today. Currently, the ActiveBuilding software excels in streamlining communications between all property stakeholders, facilitating payments, and maintenance management. It also gamifies the resident experience by scoring behavior-based points and handing out rewards. This can be leveraged in answering surveys and early payments.

Another unique feature is ActiveBuilding’s automatic key tracking. The system can be set to monitor the location of every key in the property and send notifications to users. This keeps house keys from being lost or misplaced. In addition, the platform furnishes self-service portals to stimulate resident engagement and simplify activities like sending service requests and receiving payments. It also has a dynamic amenity reservation system with which residents can easily book amenities. The software’s tracker automatically detects prior reservations to avoid overlaps. As for its integrations, ActiveBuilding links with business apps like RealPage, KeyTrak, Yardi, and Engrain.

Detailed ActiveBuilding Review

Why choose ActiveBuilding?

  1. Social network interface. ActiveBuilding is designed like popular social media sites. As such, every major functionality can be easily accessed from the home screen.
  2. Multichannel communications. ActiveBuilding connects its managers, service staff, and residents through instant messaging, SMS messaging, and email. It also has private channels for classified discussions.
  3. Quick amenity bookings. Reserving desired amenities is just a few clicks away. The system automatically scans for prior bookings to avoid coinciding reservations.

7. RealPage

RealPage dashboard

Headquartered in Texas, RealPage develops a range of property management solutions to enhance the experience of using and working with rental space. The company was founded in 1998 with the acquisition of property management software developer Rent Roll. It built on the competencies of the Rent Roll platform to eventually develop a reliable software suite that streamlines all areas of property operations, from property management to revenue management. Currently, the company serves more than 19 million units globally and has offices in North America, Asia, and Europe.

The RealPage platform simplifies accounting as it records transactions and automatically posts them on a general ledger. This makes the reconciliations and the preparation of financial statements easy. Meanwhile, the software’s budgeting system enables owners to set a budget and properly apportion funds to businesses’ various areas. Any movement of cash is tracked and documented on the dashboard, so users are always on top of their finances. Moreover, RealPage features an enterprise-grade document management solution, customizable workflows, and tools for vendor tracking and profiling. It integrates with business apps like Modern Message, Building Engines, LeaseHawk, and Anyone Home.

Detailed RealPage Review

Why choose RealPage?

  1. Painless accounting. RealPage’s accounting solution helps in recording transactions, preparing financial statements, and monitoring allocations. The system also prompts officers to append their e-signatures to important documents.
  2. Smart budgeting. RealPage lets you set budgets, make proper allocations, and have it monitor the movement of money. It also performs automatic calculations.
  3. Powerful document management. RealPage takes in property paperwork, including property, corporate, and residential documents, and organizes them. The volume of files stored is a non-issue since it provides unlimited storage space.

BuildingLink.com dashboard

Headquartered in New York, BuildingLink.com takes the “building” part of its name seriously as it fashions hundreds of customization options for its platform’s users to build pleasant experiences. This dedication to custom solutions can be traced to its beginnings in 1999. Early on, the company went on to develop solutions that were unique to its software such as emergency broadcasts and resident package displays. Developing the technology further, BuildingLink eventually became the innovative system that it is today, serving more than 5,900 properties in the US and worldwide.

The BuildingLink.com platform is packed with dozens of modules that cover most, if not all, building operations, even those not touched on by other comprehensive property management systems. These can be broken down into five main areas: recordkeeping, maintenance, communications, staff operations, and resident experience. Equally impressive is its reporting capabilities as the system produces dashboard reports from the volumes of data handled by its modules. Moreover, the software affords users unique features outside the aforesaid areas like solutions for key links, virtual meetings, auto-dialing, and custom mobile apps. BuildingLink.com integrates with handy apps like Stripe, Yardi, Package Concierge, and Brivo.

Detailed BuildingLink.com Review

Why choose BuildingLink.com?

  1. Staggering number of features. BuildingLink.com’s solutions streamline nearly every area of managing buildings, from resident and unit directories to vendor and compliance tracking. The system even has out-of-the-box features like a solution for IoT sensors and another for virtual meetings and e-voting.
  2. Interactive resident portal. BuildingLink.com affords residents portals with which an assortment of actions can be performed. This speeds up the process of responding to requests and receiving rent payments, among many others.
  3. Multiple trackers. BuildingLink.com is equipped with a variety of trackers that monitor unit keys, packages, assets and inventory, payments, and maintenance orders. It also has an employee time tracker that monitors billable hours.

9. Apartments.com

Apartments.com dashboard

Apartments.com is an online listing platform that enables property owners and managers to market their properties, create leases, collect applications and payments, and monitor expenses. It taps its network websites to help you advertise and connect with more potential renters. It also allows you to efficiently verify your applicants through a rating called a ResidentScore, which is generated by US-based credit-reporting firm TransUnion.

Moreover, Apartments.com lets you automate sending email reminders to your renters about pending and late payments. The listing platform also allows your renters to pay through different channels, such as credit cards, bank transfers, and Google Pay. After receiving rental fees, you may record and track your income and expenses on the same platform.

Detailed Apartments.com Review

Why choose Apartments.com?

  1. Wide Advertising Reach. Apartments.com is connected to a network of online listing platforms that may give your properties more visibility.
  2. Easy Applicant Verification. The property management software enables property owners and managers to verify the qualifications of rental applicants through background checks on personal data, evictions, and criminal history.
  3. Streamlined Payments Process. Apartments.com also allows online rent collection free of charge, no matter the number of properties.

10. Entrata

Entrata dashboard

Launched in 2003, Entrata came from the idea of developing innovative solutions to make life easier for property owners, managers, and residents. This line of thought is embodied by the Entrata system as the company went on to build the property management industry’s first single-login, open-access platform-as-a-service system. And it continues to come up with new solutions for its platform. Currently, Entrata is headquartered in Lehi, Utah, and, as of this writing, has processed 45,396,284 rent transactions from over 20,000 apartment communities.

Entrata is packed with high-value features, which include accounting, leasing management, reputation management, and lead management solutions. It keeps track of your finances and records transactions, which could then be processed into invoices. Budgets can be created, duplicated, then assigned to various properties. The system also extracts leads from various sources and then migrates them to your workflow. This potentially raises your property’s occupancy with no pain points. Furthermore, the software has resident portals through which service requests are sent and payments quickly made. As an API platform, Entrata enables users to customize integrations.

Detailed Entrata Review

Why choose Entrata?

  1. Reliable accounting. Entrata documents financial transactions and aids accountants in preparing ledgers. It also enables you to create, duplicate, and distribute budgets to properties.
  2. Robust lead management. Entrata snags lead data from your sources and then funnels them to the system. This ensures that all the properties you managed will have a pool of applicants.
  3. Secure document storage. Entrata affords you storage space for important documents and then safeguards them with tight security. The system has a single-login interface so accessing them is easy.

11. ResMan

ResMan dashboard

Founded in 2000, ResMan has earned the reputation of making property investments and management more convenient through innovation. Part of the reason why its software has been well received by users is that it was designed by property managers, whose ideas initially stemmed from the challenges they faced.  They harbored a listen-and-lead attitude to understand the needs and preferences of users to further develop the software. Now, ResMan, which is headquartered in Dallas, Texas, has been raising the net operating incomes of property owners and improving resident experience.

The ResMan platform lives up to its billing with its ability to automate tasks and the publishing of ads to listing sites, track and qualify applicants, and improve operational efficiency. In addition, it enables users to store documents, which the system safeguards, and use their mobile devices to fulfill service requests. Moreover, the software carries convenient accounting features like accounts receivable automation, simplified payables workflow, and templates for recurring transactions. It even has a credit builder program that helps residents receive good credit scores. ResMan expands its functionalities through its integrations, which include RentDynamics, Nexus Systems, CoreLogic, and LeasingBook.

Detailed ResMan Review

Why choose ResMan?

  1. Automated tasks and features. ResMan has a knack for automating work, from user tasks to receivables. It also automates the posting of job ads to multiple listing websites.
  2. Dynamic mobile support. ResMan enables users to receive requests and send updates using their mobile devices. This greatly benefits those who are doing fieldwork and performing maintenance jobs.
  3. Credit builder program. ResMan provides residents opportunities to raise their credit scores. It also furnishes potential new revenue streams for property investors.

12. MRI Software

MRI Residential Management dashboard

With over 50 years in the market, MRI Software has been providing flexible real estate solutions since 1971. It aims to provide property owners and organizations tools to create fulfilling experiences for their communities, from management to the residents. And it has delivered on that mission with its range of exceptional products that collectively streamline every aspect of property operations. MRI, currently headquartered in Solon, Ohio, has serviced more than 52,000 clients and 20.1 million units from over 170 countries. It has also processed around 4.2 million leases.

One of the company’s most reliable tools is MRI Residential Management, a versatile property management system that offers reliable solutions for leasing and raising occupancy and tenant retention rates. It speeds up the occupant application process by allowing applicants to quickly view vacant units, take a screening test, and deposit an initial payment. The software also has an accounting module that simplifies the processes of sending, receiving, recording, and tracking payments. Moreover, it carries a portfolio management solution that lets investors view portfolio data and explore the numbers of each property’s performance.

Detailed MRI Residential Management Review

Why choose MRI Residential Management?

  1. Swift accounting. MRI Residential Management simplifies the processes surrounding financial transactions, such as sending, receiving, and recording payments. It also tracks payments, which helps managers know the payment statuses of residents.
  2. Fast occupancy process. MRI Residential Management fast-tracks applications by providing visibility of vacant units and streamlining the processes of screening applicants and depositing down payments. This potentially raises a property’s occupancy rate.
  3. Smart finance. The system accounts for lease breaks, prorations, and other factors that affect your finances. This ensures accuracy when dealing with numbers.

13. Avail

Avail dashboard

Established in 2012, Avail has a simple objective that takes a lot of dedication from a highly competent team to execute: provide property owners and residents the tools and resources necessary to generate worthwhile experiences. The company’s founders recognized the chaos in property management that results from not having the right tools. As such, they painstakingly crafted a variety of tools that injected efficiency in various property management workflows and then consolidated these into one system. The result is a powerful solution leveraged by  70,000 landlords.

In 2020, Avail, currently headquartered in Chicago, Illinois, was acquired by Realtor.com, which allows it to further expand its platform’s capabilities in the near future. Speaking of the Avail platform, it enables landlords to quickly post rental ads on many reputable listing websites, with the lead information instantaneously sent to its database. The software also offers a seamless application process that requests critical information from applicants and then qualifies them. Moreover, it automates rent payments and furnishes prebuilt state-specific lease templates, which eliminates the need to research state policies. Avail integrates with useful apps like TransUnion, Google Maps, Realtor.com, and Lemonade.

Detailed Avail Review

Why choose Avail?

  1. Inexpensive plans. Avail comes with a free plan and a paid plan that only costs $5/unit/month. Even the smallest DIY landlords will have no trouble affording the software.
  2. State-specific lease templates. You can simply send out lease forms to qualified applicants without the need to conduct research on varying state policies. This saves landlords a lot of time.
  3. Easy listings. Avail integrates with a host of reputable listing websites that immediately pop on the interface. Posting rental listings to all of them is accomplished with just a few clicks.

14. Yardi

Yardi Voyager dashboard

Tracing its beginnings as a small software startup, Yardi has been producing high-quality solutions for the real estate industry since 1984. It has experienced tremendous growth over the past few decades, thanks to its software systems, each imbued with exceptional responsiveness and solutions that innovate various aspects of property operations. Currently, Yardi is headquartered in Santa Barbara, California, and has gone on to open 44 other offices in North America, Asia, Europe, and Australia where they employ more than 7,500 professionals.

One of the company’s most notable solutions is Yardi Voyager, an integrated multifunctional property management system that lets property owners and managers take control of the entire operations. The system carries customizable workflows with automated stages, potentially optimizing all tasks. Through a centralized database, it can automatically perform calculations and sync data across its modules. It also turns mobile devices into nifty site inspection tools and tracks leases and payment statuses. Furthermore, Yardi Voyager has a document management solution and a data analytics engine that churn out detailed reports. The software integrates with other Yardi products like the company’s Multifamily Suite, Commercial Suite, and Marketing Suite.

Detailed Yardi Voyager Review

Why choose Yardi?

  1. Automated workflows. Managers can design workflows and sequence each stage in a way that speeds up the entire process. After which, the system automates the stages and performs calculations automatically.
  2. Central database. To ensure that it is always working with the right figures, Yardi Voyager maintains a central database that links its modules together. The database also enables the system to perform automatic calculations.
  3. Simplified leases and accounting. Yardi Voyager automatically tracks leases and payment statuses. It also imparts convenience in preparing multiple books, recording transactions, and being compliant with international accounting standards.

15. Mashvisor

Mashvisor dashboard

Founded in 2014, Mashvisor believes that knowledge breeds worthwhile investments and operational efficiency. Operating with that thought, its founders developed a sophisticated engine that leverages powerful analytics to afford valuable real estate insights to investors. The company recognized the immense popularity of Airbnb and so the properties listed on the app are covered by the analytics. As it stands, Mashvisor, whose operations are headquartered in Cambell, California, is capable of thoroughly analyzing over 450,000 neighborhood properties in 15 minutes of research.

The Mashvisor platform serves as an intelligence agent to investors. It scours selected neighborhoods for properties, including those listed on Airbnb, and generates heatmaps. The system goes deep when analyzing data as it accounts for property and neighborhood data, which is why its insights prove to be useful to any investor. As a sample of what Mashvisor can do, it can generate the cash flow, cash-on-cash return, vacancy rate, cap rate, and other rental market strength indicators of properties and neighborhoods. Likewise, the system can analyze the credentials and histories of property applicants. Mashvisor integrates with iGMS, Rootstock, Vacasa, and Auction.com

Detailed Mashvisor Review

Why choose Mashvisor?

  1. Bankable property finder. Mashvisor scans neighborhoods for properties that fit your entered preferences. These include Airbnb and off-market properties.
  2. Property heatmaps. Mashvisor shows the volume of worthwhile properties per neighborhood. This helps investors decide on which areas to put money in.
  3. Valuable insights. Mashvisor goes deep with its analyses, presenting data on the cash flow, cash-on-cash return, vacancy rate, and cap rates of properties and neighborhoods. It extends this capability to applicant screening.

Selecting the Best Property Management Software for You

It is common knowledge that property management bears its share of headaches, from finding applicants who can comfortably afford the rent to addressing countless maintenance requests from multiple residents. For this reason, a particularly deep pool of software options is available, which could leave you drowning in confusion. The clear answer to this question is the company that presents solutions tailored for your exact business needs. But even with this in mind, it’s still challenging to find the most ideal property management or real estate solution.

Looking at the list of property management software companies of 2022, you can center on the platforms that have effective solutions for your operation’s biggest problem areas and drill down from there. The need for more revenues is addressed by streamlining applications; collection issues are solved by those that provide powerful financial and accounting solutions, and so on. And then there are software solutions like DoorLoop, CondoControl, and TenantCloud that holistically resolve any possible concern. To be sure, you can always take advantage of free trials and free plans and see how they work for you.

If your primary concern is finding leads for your property, you can read our guide on the best CRM software for real estate companies.

Key Insights

  • Efficient Property Management: Property management software significantly streamlines various workflows, helping property managers handle multiple tasks concurrently.
  • Top Software Providers: The article highlights the top property management software companies of 2024, including DoorLoop, CondoControl, TenantCloud, and others, each offering unique features tailored to property management needs.
  • Common Challenges: Key challenges in property management include hiring and maintaining staff, increasing revenue, handling property damage and maintenance issues, managing time effectively, and reducing operating costs.
  • Benefits of Software Solutions: Advanced property management systems address these challenges by automating tasks, facilitating online payments, improving tenant communication, and providing robust financial and accounting tools.
  • Market Trends: The growing use of property management software is positively impacting the industry, with a notable decrease in rental vacancy rates and an increase in the market size of property management software.
  • Customized Integrations: Many top-tier software solutions offer API platforms for custom integrations, enhancing the flexibility and functionality of the software.
  • Increased Occupancy: Effective property management software solutions contribute to higher occupancy rates by improving the online presence of property ads and streamlining tenant acquisition processes.
  • Financial Management: The software solutions discussed provide comprehensive financial management tools, including transaction recording, invoice management, and budget tracking.
  • Tenant Communication: Many platforms offer interactive portals for tenants, facilitating maintenance requests, financial transactions, and communication, ensuring a seamless experience for all stakeholders.

FAQ

  1. What is property management software?
    Property management software is a digital tool designed to help property managers streamline and automate various property management tasks, including tenant communication, maintenance requests, rent collection, and financial management.
  2. How does property management software benefit property managers?
    It helps property managers handle multiple tasks more efficiently by automating workflows, improving tenant communication, facilitating online payments, and providing robust financial and accounting tools, thereby saving time and reducing operational costs.
  3. What are some of the top property management software companies in 2024?
    Some of the top companies include DoorLoop, CondoControl, TenantCloud, Hemlane, Inc., Building Engines, ActiveBuilding, RealPage, BuildingLink.com, Apartments.com, Entrata, ResMan, MRI Software, Avail, Yardi, and Mashvisor.
  4. What common challenges do property managers face?
    Property managers commonly face challenges such as hiring and maintaining quality staff, increasing revenue, handling property damage and maintenance issues, managing time effectively, and reducing operating costs.
  5. How does property management software address these challenges?
    The software automates routine tasks, improves communication through interactive portals, facilitates online payments, and provides tools for efficient financial management, thus addressing common property management challenges effectively.
  6. Can property management software help improve occupancy rates?
    Yes, effective property management software solutions can improve occupancy rates by enhancing the online presence of property ads, streamlining tenant acquisition processes, and ensuring a better tenant experience.
  7. What integrations are available with property management software?
    Many property management software solutions offer API platforms for custom integrations and also integrate with popular third-party apps like QuickBooks, Google Calendar, Stripe, and others to enhance functionality.
  8. Are there free trials available for property management software?
    Yes, many property management software companies offer free trials and free plans, allowing users to test the software and determine its suitability for their needs before committing to a purchase.
  9. What features should I look for in property management software?
    Key features to look for include task and workflow management, financial and accounting tools, online payment processing, tenant communication portals, maintenance request handling, and customizable integrations.
  10. How has the property management software market evolved recently?
    The market has seen a positive trend with an increase in the market size of property management software and a decrease in rental vacancy rates, indicating the growing adoption and effectiveness of these digital solutions.
Louie Andre

By Louie Andre

B2B & SaaS market analyst and senior writer for FinancesOnline. He is most interested in project management solutions, believing all businesses are a work in progress. From pitch deck to exit strategy, he is no stranger to project business hiccups and essentials. He has been involved in a few internet startups including a digital route planner for a triple A affiliate. His advice to vendors and users alike? "Think of benefits, not features."

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FinancesOnline is available for free for all business professionals interested in an efficient way to find top-notch SaaS solutions. We are able to keep our service free of charge thanks to cooperation with some of the vendors, who are willing to pay us for traffic and sales opportunities provided by our website. Please note, that FinancesOnline lists all vendors, we’re not limited only to the ones that pay us, and all software providers have an equal opportunity to get featured in our rankings and comparisons, win awards, gather user reviews, all in our effort to give you reliable advice that will enable you to make well-informed purchase decisions.