Free Rental Property Software
Every year, thousands of new landlords and property management entrepreneurs start their property management business. They discover through trial and error how important good property management software is.
When launching their company, they’ll be looking for simplified, easy to use applications to try out. Often they’re gravitating from common accounting solutions and excel spreadsheets, and are hoping for some automation features to speed up work.
Trying out the solution is wise, and it should be free to try. For you, the pursuit isn’t the free price but rather a simplified software that’s easy to learn and use which gives you the key work functions you need. Most free software is very simple, but keep in mind, it has to be a workhorse too.
Traditional Software Isn’t Keeping Up
Legacy solutions are still popular but are often too complex, expensive and are experiencing software bugs and compliance issues with government regulations. Surveys show many landlords and property managers are not happy with their solutions, and there may be some key reasons why this is so.
This encourages more free trials and demos of property management applications to see which fulfill the gaps.
If you’re starting out as a landlord or new property management company, or are creating an HOA management company, you will have to look down the road at whether the software can serve your interests when your portfolio grows from a handful to hundreds and hundreds of properties.
Some of the modern, cloud-based property management solutions are scalable, offer outstanding accounting functionality and along with lease and document management, and good support for tenant management and maintenance tickets.
There’s an exhaustive list of tasks property managers perform every day, so you’d be wise to prioritize your must-haves for your next platform.
Here are the 9 most common must-have features landlords and property managers want:
- simple easy to comprehend process and interface
- simple, easy setup plus data upload
- track income and expenses
- collect rent online and rent roll report
- manage tenant applications
- communicate and share documents directly with tenants
- portal for tenants and owners
- financial reports, income statements, balance
- good software documentation, help files and customer support
What additional features might you actually need as you progress?
- tenant screening
- accounting automation and double-entry accounting
- accounting functionality for each property and each owner
- customizable features
- generate tax documents
- integrated communication
- schedule recurring maintenance
- real-time insights
- compliant deposit management
- owner contribution distribution
- marketing portal
- real-time support
There are few software products that are free of charge. Almost all offer free trial accounts for 1 property and one user. ManageCasa offers an unlimited free trial period for 3 units.
When you come down to business however, FREE isn’t the operative word. The goal is to try out the software and demo the product so you know it has the capabilities you need.
Free Property Management Software
Here’s a few property management software products you might review:
This software is a unique tool only available for smartphones. You can download on Google Play.
Landlord 123 offers some useful features including expense tracking, property issue reporting, tent submitted photos and inspection reports, and rent collection reminders.
This solution is the epitome of basic simplicity. If you’d like to scale up to their business solution, you’ll get added features including financial reporting, maintenance issue management, a rent collection process, and a centralized dashboard. Learn more at landlord123.app.
Anabode is a mobile-first smart property management platform that simplifies property management with streamlined communications and processes, improved compliance, expense tracking, and one-click maintenance for all types of accommodations.
You can manage repairs and maintenance, track rent payments, set reminders, manage the details of your tenants and store all documents on the cloud.
Anabode offers a 30 day free trial of up to 20 properties and for up to 100 rental properties on their professional version.
The starter option includes admin and compliance report, rent tracking and reports, expense logging, tenant apps, reminders and chat modules. Discover more at anabode.co
Housters is a simple, easy, intuitive rental tracking app for smartphones for landlords. It can help keep track of your tenants, rent roll, expenses, set maintenance tickets, accept online payments. You can manually add accounting entries and enable double-entry accounting mode, and reconcile accounts against statements.
You can set alerts, upload documents, check on your key performance metrics, operating costs, and more.
They offer a time-limited (3 month free trial) to test out the app. Discover more at housters.com.
Rentme helps you accept tenant applications online, collect rent online securely to your bank account, schedule maintenance, screen tenants, and schedule showings. Their special offering is free advertising on a variety of rental listing sites.
Rentme is free! Interestingly, they instead earn revenue on applications, rent payments and in future, on legal document forms. Discover more at onrentme.com
That is 4 free property management software solutions you could trial.
Lastly, you can take a close look at ManageCasa. You can trial this property management solution for as long as you like with 3 or less properties. ManageCasa’s key strengths are:
- all in one platform
- online rent collection
- double-entry accounting
- easy to learn and use
- cloud-based and always updated
Sign up for your free trial of ManageCasa today!
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