Buildium Review - why 4.5 stars?

Buildium is a web-based property management software that offers small and medium sized property management supports for handling this in an efficient way.

This tool makes sure you get to avoid paperwork, increase productivity and efficiency and focus more on growing your business. Its charges and payments tracking feature, on-demand reports and online rental applications can help you to save a lot of time and money.

Buildium is the dream of three people who started working in a garage and was built in 2004. Now more than 60 employees are working for this software from three different countries and have served more than 8000 customers so far.

The rating of Buildium is 4.5 stars out of 5 and the total score is 100 out of 100. The ratings are based on our unbiased experts. Learn more in our rating methodology page

Buildium is best for small and medium residential properties where people want efficient work and productivity using less resource. It can handle all the accounting work and property management tasks to help you focus on growing your business instead of getting busy with accounting. A Plus Property Managers, Inc., Summit Land Development and Annapolis Property Services are the clients of Buildium.

Buildium is ranked 1 out of 124 software in their category (Property Management systems).

The residential property managers or owners can find it difficult to focus on growing the business if they get busy with accounting reports and handling routine stuff. That's where Buildium can help them.

It can handle the daily day-to-day residential property management stuff to help you focus on growing your business. The online rental applications, rental listing syndication, free marketing website and credit and background checking feature makes sure you find better tenants to fill vacancies. The general ledger accounting feature, payment tracking and charges, on-demand reports and e-payment feature makes sure you don't get to do any calculation.

All the day-to-day stuff like tracking tenants and lease and printing and mailing forms can be done using this software so you don't get to do any of them practically.

Tenants can request for maintenance online and maintenance staff can be assigned to handle the work right from the tool. Moreover, you can create owner portals for tenant and owners where they can get access to their necessary data directly.

The main competitors for Buildium are Propertyware and RenTec.

Propertyware provides a cloud based solution for residential property management which can be accessed via mobile devices. Its main features include marketing management to build a tenant prospect base, financial accounting, service management as well as property administration. Units can be leased with options to sublet for vacation periods as well. There is also an integrated contact center to manage both leasing & support enquiries.

Buildium on the other hand is also web based, and focuses on residential property management as well as for homeowners associations. While it provides most of the base features of Propertyware it does not include a contact center. However it does include a dedicated marketing module that includes listing on rental boards, as well as development of a property manager’s own website for this purpose. Leasing signup can be handled online with integrated background checks to ensure compliance with rental policies.

Then there is RenTec which focuses on the much the same areas as Buildium and is available as a cloud based solution. There are portals for both residents and owners, with integrated accounting to manage financials & payments. Other options include an online documentation management system, vacancy advertising, and reporting & dashboards for operational monitoring.

While Buildium does address most of these features it also provides the option to export financial transactions to Quickbooks if required by customers Additionally the product is cloud based and supports mobile apps for residents, owners as well as property personnel to utilize the application via their mobile devices.

Standard pricing for Buildium starts at $50 per month, for up to 40 units. Next plan is $460 per month for up to 5,000 units.

What is the REAL total cost of implementation? on top of the total cost of licenses which is easy to calculate you need to add the cost of training, customization, data migration, and other "hidden cost". ITQlick pricing score is 2.8 out of 10 (10 is most expensive). Find here the REAL total cost breakdown for Buildium

Schedule a demo with Buildium and access 65 must ask questions for the vendor while watching Buildium in action. Visit the vendor's website here.