Compare Budgetrac Property and MRI Residential - Oct 2022

Shlomi Lavi

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Bottom Line: Which is Better - Budgetrac Property or MRI Residential?

MRI Residential is more expensive to implement (TCO) than Budgetrac Property, and Budgetrac Property is rated higher (83/100) than MRI Residential (80/100). MRI Residential offers users more features (21) than Budgetrac Property (4).

Looking for the right Property Management solution for your business? Buyers are primarily concerned about the real total cost of implementation (TCO), the full list of features, vendor reliability, user reviews, and the pros and cons. In this article we compare between the two software products:

Budgetrac Systems, Inc. Vs. MRI Software LLC

Budgetrac Systems, Inc.: Budgetrac Systems, Inc., develops software for the real estate industry. The software expressly targets real estate developers, home builders and property managers. Located near the Research Triangle Park in Raleigh-Durham, NC, Budgetrac’s software and service solutions are backed by over 25 years of software development experience, industry knowle...

MRI Software LLC: Bostonpost Property Manager® streamlines compliance, financials and general property management operations for any mix of affordable housing funding sources. Whether you are managing properties with only project-based vouchers, properties rehabilitated with tax credit funding, newer properties with complex, layered funding, or anything in betwee...

Who is more expensive? Budgetrac Property or MRI Residential Management?

The real total cost of ownership (TCO) of Property Management software includes the software license, subscription fees, software training, customizations, hardware (if needed), maintenance and support and other related services. When calculating the TCO, it's important to add all of these ”hidden costs” as well. We prepared a TCO (Total Cost) calculator for Budgetrac Property and MRI Residential Management.

Budgetrac Property price starts at $1,600 per user/year , On a scale between 1 to 10 Budgetrac Property management is rated 4, which is lower than the average cost of Property Management software. MRI Residential Management price starts at $1.75 per property/month , When comparing MRI Residential Management to its competitors, the software is rated 8 - higher than the average Property Management software cost.

Bottom line: MRI Residential Management is more expensive than Budgetrac Property.

Which software includes more/better features?

We've compared Budgetrac Property Vs. MRI Residential based on some of the most important and required Property Management features.

Budgetrac Property: Automatic Property Mapping, Maintenance Overview, Space Planning, Streamlined Work Orders.

MRI Residential Management: Automatic Data Backup, Automatic Property Mapping, Easy Data Migration, Email Owner Statements, Events Calendar.

Target customer size

Budgetrac Property Management Software is perfect for all types of property owners and real estate developers. MRI Residential Management is perfect for residential or multifamily properties with over 500 units.