Running a property management company is no easy feat. Traditionally, to succeed you needed to become a ‘jack of all trades’. Well, in 2019 thanks to the adoption of property management software solutions you can grow your company to new heights without running yourself into the ground.

It can be overwhelming if you don’t know what you are looking for- There’s a vast pool of tools and solutions available to property managers at present. From software that automatically processes and tracks rental payments to inspection applications that process reports for you.

SnapInspect has curated a list of our favorite tools needed to run a successful property management business in 2019.

Accounting

Appfolio

 

Appfolio is an accounting software system that has been designed specifically for property managers. Appfolio supports property management companies that operate in the apartment, residential, commercial, and student housing markets.

The cloud-based tool includes online owner and tenant accounts, online leases, in-app payments, automatic screening, maintenance requests, renters insurance, accounting, reporting, and a mobile and web app.

Appfolio has a robust onboarding process and offers ongoing training and help resources from an in-house customer support team. Their software is also boasting with features. You are even able to post vacancy ads to your own website and hundreds of other listing sites.

Appfolio also offers a free, no commitment trial period where you can test the software and see if it is a good match for your company.

Key Features:

• Certificates of Insurance (COI)
• Online Payment
• Company Financials
• Tenant payment tracking
  

Yardi

Yardi is a cloud-based property management software accounting solution that caters to all sizes of companies. Their clients range in size from your usual one-person band to countrywide franchise’s.

Yardi is what is known as an end to end platform, Meaning it caters to your entire business process. Although this presents the problem of a more extensive software system to learn for you and your team, once mastered it will become a crucial asset to your property management business.

Although Yardi’s most dominant demographic is larger well-recognized enterprises, their software is welcoming to small property management companies or individuals. New and current users can enjoy an in-house cloud services team that offers 24/7 connected support.

Key Features:

• Portfolio Administration
  
• Lease Accounting
  
• Lease Auditing
  
• Document Management
  
• Date Alarms
  

Property Inspection

Home Inspector Pro 

Home Inspector Pro is recognized as a flexible, mid-level no frills inspection software. Instead of focusing on extravagant features that can clutter operations, Home inspector pro focuses on offering a fully functional property inspection app.

HIP covers all bases by offering their solution on a variety of platforms- Web, Mac, Windows and of course, mobile.

Property managers can use a variety of preloaded report templates created by HIP or create their own to cater to their specific business operations.

The keynotes to remember are that Home Inspector Pro is aimed at being as simple to use as possible. Naturally, this comes at the cost of not having as many intuitive features. Depending on your business size and level, this may deter you from engaging with this software.

Make use of Home Inspector Pro’s free trial and see if the software is a good fit for you and your team if you like what you see then sign up once your trial is complete.

Key Features:

• Property Inspection Report Templates
  
• Credit Card Processing
  
• Report Summary
  
• Voice Notes
  
• Social media integration 
  

SnapInspect

SnapInspect is the most comprehensive property inspection solution on the market. The cloud-based IOS and Android tool offers the most customizable inspection reports.

Like most reliable solutions on the market, SnapInspect offers a central database in the form of ‘Cloud-storage”; this is accessed by a web and mobile application that allows your entire team to be up to date and on the same page regardless of their location.

By including so many time-saving features, SnapInspect’s property inspection software has been proven to save up to 75% of the overall time spent on property inspections and report formatting. It’s also been proven to capture more detail during property inspection than any other solution on the market due to the vast range of options that the software allows you to have control over.

SnapInspect caters to all sized companies. From your everyday property manager all the way up to multi-family franchises that need to conduct due diligence. It’s not hard to see why the country-wide franchise Renters Warehouse chose SnapInspect to assist in growing their franchise to a 20 million dollar company.

New users can rest assured that they will be looked after during the onboarding and training process. One of the reasons why 98% of people that try SnapInspect, stick with it, is because of their robust, personal customer support. They offer a 24/7 chat service in addition to a toll-free hotline that you can call around the clock. Customer support is complimented with an array of instructional videos, guides, Training schools and blog posts to help you become the best user you can

Key Features:

• Due Diligence
  
• Dashboard Analytics
  
• Conduct inspections onsite entirely offline without internet
  
• Side by Side comparison reports for Move In/Out
  
• Work Orders
  
• Customizable email template for sending reports
  
• Business Intelligence
  
• Inspection scoring/calculating
  
• Create and Customize your checklists
  
• Work in Sync with a Native iOS & Android App.
  
• Unlimited report customization abilities.
  
• Photo and video media in report
  
• Available 24/7 from any web browser, regardless of platform.
  
• Monitor and track maintenance issues.
  

Maintenance

Properly

Properly is a cloud-based housekeeping and maintenance management technology solution that caters to homeowners, vacation rental hosts, and property managers.

The software has a diverse range of features for scheduling, checklists, asset instructions and more. Perhaps the most crucial aspect of Properly is their ability to connect the right people. They do this via their own marketplace of hospitality cleaners, maintenance workers and repair technicians, accompanied by integrating with third-party listing sites and property management software. Each users profile outlines experience, and availability.

In addition to a comprehensive list of features and a well-established marketplace, Properly provides you the option of scheduling cleanings directly from your Airbnb or HomeAway booking calendar.

Key Features:

• Tenant management
  
• Housekeeping management
  
• Real-time reporting
  
• Calendar management
  
• Property Management Software Integration
  
• Maintenance requests 

Property Meld

Property Meld, like every other solution on our list, is cloud-based. The property management software solution that specializes in property management maintenance.

Property Meld enables users to schedule maintenance and repairs. They cater to managers, tenants, vendors, and maintenance staff by offering separate log-in portals.

The software allows users to track costs and pay vendors, with filters that can sort data based on due dates and priority levels. Users can also review work orders to be approved or rejected, and they assign those same orders to internal workers or outside vendors.

What sets Property Meld apart from the pack is their ability to coordinate all parties and vendors via one property management software system. Users can notify everyone of repairs needed, set reminders for tenants and follow up with all stakeholders involved in any given process.

Key Features:

• Automatic maintenance scheduling
  
• Repairs reminder
  
• Automatic status updates
  
• Automatic follow-up
  
• Communications module.