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G Taylor

Guide to Property Management Software

Know your options when choosing a facilities management software program


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Managing your rental or investment property requires extensive record-keeping methods and tenant-tracking abilities. Whether your property is commercial or residential, you need a means of recording facility and tenant information, archiving applications and contracts and printing out customized lease forms.

Before commercial property management software programs , these tasks were done by hand but now they can be done in a fraction of the time and saved in multiple copies for security purposes.

When choosing a facilities management software program, among the key points to consider are:
  1. Extent of property management software features.
  2. Integration with common office software programs.
  3. Availability of online property management solutions.

Action Steps
The best contacts and resources to help you get it done

Buy the features you need the most in online property management software


If you want a rental property management software program that will handle all aspects of your management duties, look for a program that includes tenant-tracking, custom form development, lease preparation modules and legal tips at your fingertips. Make sure your choice stipulates the option of using a cost or accrual bookkeeping method of ledger entry.

I recommend: Property management solutions like TenantPro records transactions, maintenance and repairs.  Request a free trial to see if it fits your needs.  Intuit offers its popular Quicken Rental Property Manager, with optional software add-ons for online bill paying and integrated office supplies.

Pick facilities management software that integrates with common office programs


No matter how many bells and whistles your new rental property management software has, you will be disappointed if you can't integrate it with your word-processing and email client programs. Many managers use Microsoft Office on their system and progressive software manufacturers know that, making their new property manager software solutions effortlessly merge with Microsoft Office applications.

I recommend: RentRight Next Generation software integrates fully with Microsoft Office programs and offers video training tutorials, making learning the program a snap. Capterra reviews the top in hospitality property management software for hotel owners and managers.

Go online for web based property management software solutions


Ready to step into the World Wide Web of online property management software? Options for handling all your tracking and correspondence online, plus web-centered marketing and maintenance are popular options. Attract new tenants to your facilities with an integrated website that automatically records inquiries and matches them with later tenant records.

I recommend: Propertyware offers integrated online property management services with their popular RentRopolis and a free 14-day trial, before charging a monthly charge for services. Chat now with an online consultant.  RentTracker online offers integrated services and performs instant online credit checks on prospective tenants.

Tips & Tactics
Helpful advice for making the most of this Guide

  • Take advantage of free commercial property management software trials to check out the programs before you invest.
  • Save time by purchasing a month-to-month online real estate management system and leave the advertising to the professionals.

The official source of Property Management Software is
the Property Management Software page at Business.com


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