Shlomi Lavi /
Jul 02, 2022
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Bottom Line: Which is Better - Buildium or Rent Online?
Rent Online is more expensive to implement (TCO) than Buildium, and Buildium is rated higher (100/100) than Rent Online (87/100). Rent Online offers users more features (24) than Buildium (20).
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:
Buildium Vs. London Computer Systems, Inc.
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...
London Computer Systems, Inc.: Incorporated in 1988 and headquartered in Cincinnati, London Computer Systems (LCS) is a developer of business-critical software technologies used in all 50 states and several markets throughout the world. LCS products include Rent Manager®, one of the most widely-used property management and accounting solutions in the real estate industry, Net Di...
Who is more expensive? Buildium or Rent Manager Online?
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 Buildium and Rent Manager Online.
Buildium price starts at $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. Rent Manager Online price starts at $1 per unit/month , When comparing Rent Manager Online to its competitors, the software is rated 4 - lower than the average Property Management software cost.
Bottom line: Rent Manager Online is more expensive than Buildium.
Which software includes more/better features?
We've compared Buildium Vs. Rent Online based on some of the most important and required Property Management features.
Buildium: this software is considered "feature-rich" with more than 10 important features, here is a partial list: Automatic Data Backup, Automatic Property Mapping, Easy Data Migration, Email Owner Statements, Excel Export, File Storage, Maintenance Overview, Message Boards.
Rent Manager Online: Accounts Payable, Billing & Invoicing, General-Ledger, Automatic Data Backup, Automatic Property Mapping.
Target customer size
Buildium is best for small and medium residential properties where people want efficient work and productivity using less resource. Rent Manager is good for both residential and commercial property management needs as it is designed especially for managing today real estate professional needs.