AppFolio Review - why 4.5 stars?
Compare PricingITQlick Score: | 95/100 |
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ITQlick Rating: |
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Pricing: | 3/10 - low cost |
Category: | Property Management -> AppFolio review |
Ranking: | Ranked 3 out of 124 Property Management systems |
Company: | AppFolio |
Pricing: | starts at $1.40 per unit/month |
Typical customers: | Small, medium and large size businesses |
Platforms: | Desktop, Cloud |
Links: | AppFolio pricing, AppFolio alternatives |
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Table of Contents
What is AppFolio?
AppFolio is a cloud-based property management software designed for business and resident property management. The software comes with features such as;- Communication and Service: This feature offers a solution to gratify the preference of customers by creating an online portal with easy access to actions.
- Accounting and Reporting: This feature gives accounting insight to users towards boosting accuracy and increased productivity.
- Maintenance and Operations: This feature enables users to quickly resolve maintenance issues, manage utility and carry out inspections.
- Staffing and Training: This feature helps solve the hectic problem hiring of new staff and further fosters the improved staff-to-unit ratio.
- Management and Growth: This feature provides insight towards facilitating business growth with clarity on business visions and missions.
Who is it best for?
The web-based property management software is best for medium and small business owners. Users can use this software to post vacancy notices automatically on third-party sites like Apartments.com, Craiglist, Zillow, etc.It can collect rent from residents online which is an integrated in Appfolio. Their client list includes Moore Property Management Inc, Walters Home management, Carefree property management, inc.
Main features and functionalities
Appfolio can help you to attract better residents and can make their life easier by offering online rent submission feature. It is important that your residents get to stay in their apartments comfortably and this free web-based property management software can help you to do just that. All the accounting will be done by this software and all your staff will be able to use this software. The software offers ongoing support and training for all your staff which means almost anybody can use this easy-to-use software.If you are using another system to handle all the data, the app will offer automated data migration to move all your precious data from your old system to Appfolio. It does not require any extra hardware costs, can be used from anywhere and can export data to a single Excel file whenever you want it. Other notable features are: you can create different portal for your apartment owners from where they can download owner statements whenever they want, search for contact name, phone number or address just like you search in Google, let people apply for renting an apartment online and pay their fee via credit card, carry the app with you by downloading the Android/iOS version.
What is the actual cost?
AppFolio provides three (3) categories of pricing plans ranging from Residential, Community Association, and Commercial. The Residential pricing category offers a Core plan (designed for small to midsized portfolios) starting at $1.40 per unit/month with a minimum monthly fee of $280, and a Plus plan (designed for portfolio management) at $3 per unit/month with a minimum monthly fee of $1,500.The Community Association category offers a single Core plan (design to manage your entire business) at $0.80 per unit/month with a minimum monthly fee of $280. The Commercial category offers a Core plan at $1.50 per unit/month (with a minimum monthly fee of $280) and a Plus plan at $3 per unit/month (with a minimum monthly fee of $1,500).
ITQlick pricing score is 3 out of 10 (10 is most expensive). Access ITQlick pricing guide for AppFolio. You can also find here pricing information from AppFolio's website.
Pros
- The software has loads of rich features
- The software can accommodate thousands of units
- AppFolio is constantly evolving and updated
- AppFolio allows residents to pay their rents or other fees via credit card online
- AppFolio supports creating owner portals for all your residents to let them handle their owner statements easily
Cons
- The layouts of the properties financial statement in AppFolio can be difficult to understand
- The transactions done with this software can take too much time comparing to other transactions we do online
- The user-interface of AppFolio looks difficult to use at first glance and can be a little bit complex for people with less computer knowledge
- No option to create a list of email address or similar lists of all the tenants living in the apartments
- AppFolio doesn’t offer live report for most of the data, you have to generate a complete report to find any required info
How it stacks up?
Access a head to head analysis of AppFolio vs alternative software solutions.Frequently Asked Questions (FAQs)
Is AppFolio right for you or your business?
AppFolio offers a single platform to manage diverse portfolios. Regardless of the mix, AppFolio can handle it with its management solutions to help its customers evolve their vision and scale their business from hundreds to thousands of units. AppFolio can fit diverse portfolios ranging from residential to community association, commercial properties, and investments management.AppFolio fits customers with property management businesses like real estate management and property management firms. Examples of customers who use AppFolio are Chamberlin + Associates, The Apartment Company, Thomas D Walsh, Inc. Cap Management, Morgenson Reality Co., WYSE properties, etc.
List of categories
List of features
Auditor - Shlomi Lavi
Shlomi Lavi is an entrepreneur and founder of ITQlick.com. He holds a Bachelor of Science (B.Sc.) in Information Systems Engineering from Ben Gurion University in Israel. Shlomi brings 17 years of global IT and IS management experience as a consultant and implementation expert for small, medium and large-sized (global) companies. Shlomi’s goal is to share the best knowledge and news about information systems so you can make smarter buying decisions for your business.