Buildium Property Vs LandlordTracks (Nov 2020)

Buildium Property Vs. LandlordTracks: Which is better?

Shlomi Lavi / Nov 17, 2020

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Looking for the right Property Management solution for your business? buyers like you are primarily concerned about the real total implementation cost (TCO), full list of features, vendor reliability, user reviews, pros and cons. in this article we compare between the 2 software products:

Vendor comparison

Buildium: Back in the late '90s, three guys were working for a technology consulting company in Cambridge, Massachusetts. The trio soon learned they shared an interest in real estate. With dreams of becoming real estate moguls, they formed MIDICH Properties (MIchael, DImitris, CHris) and bought their first rental property together in Providence, Rhode Island, in 2002. More purchases followed. Before long, they were losing track of which leases were expiring and which tenants hadn't paid their rent — "minor" stuff like that. That's when they began looking for property management software. They weren't sure exactly what they needed, but it had to be easy to use, accessible anywhere with an Internet connection and have all the features necessary to manage their properties. After coming up empty-handed in their search, they decided to put their expensive computer science degrees to good use and build something for themselves. A few months later, Buildium was born.

LandlordTracks: With over 1,000 properties to manage, we couldn't be happier! We have been using this for a year and a half now. Initially we looked at more than 12 software products all the big ones, and this is the one that worked best for all of our needs. We have multiple offices throughout the country and with this software all our offices can remotely manage all their properties independently. The accounting is supurb and can handle all the locations independently, we love this software, it makes our life so much easier! Support is fantastic! Have never looked back!

Pricing/cost comparison

The real cost of Property Management software includes the software license, subscription fees, software training cost, customization cost, required hardware, and the cost of maintenance & support and other related services. It's critical that you account for all of these costs to gain an understanding of the system's "total cost of ownership". We prepared a total cost calculator for Buildium Property TCO and LandlordTracks Software total cost to help with the total cost of ownership calculation.

Buildium Property price Starting from $50 per month , on a scale between 1 to 10 Buildium Property Manager is rated 2, which is much lower than the average cost of Property Management software. LandlordTracks Software price Starting from $15 per month , when comparing LandlordTracks Software to their competitors, the software is rated 2 - much lower than the average Property Management software cost.

Bottom line: Buildium Property cost is around the same cost of LandlordTracks Software.

Features and functionality

As with any business software solutions, it’s important to consider the features & functionality. The tool should support the processes, workflows, reports and needs that matter to your team. To help you evaluate this, we've compared Buildium Property Vs. LandlordTracks based on some of the most important and required Property Management features.
Buildium Property: Automatic Data Backup, Automatic Property Mapping, Easy Data Migration, Email Owner Statements, Excel Export, File Storage, Maintenance Overview, Message Boards, ..
LandlordTracks Software list of features include the following: We are still working to collect the list of features of LandlordTracks Software.

Target customer size

Buildium is best for small and medium residential properties where people want efficient work and productivity using less resource. and LandlordTracks Software's target customer size include: Small business, Medium business, Large business.