Compare LandlordTracks and PayProp - Jun 2022

Shlomi Lavi

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Bottom Line: Which is Better - LandlordTracks or PayProp?

LandlordTracks is more expensive to implement (TCO) than PayProp, and PayProp is rated with the same score (84/100) as LandlordTracks (84/100).

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:

LandlordTracks Vs. PayProp

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...

PayProp: PayProp was launched in 2004 and has grown into a leading processor of rental payments and back office automation for the property management industry. Our platform sets the standard for speed and accuracy of transaction processing, posting, reconciliation and pay-outs, offering our clients complete transactional control and regulatory compliance.

Who is more expensive? LandlordTracks or PayProp?

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 LandlordTracks and PayProp.

LandlordTracks price starts at $39 per month , On a scale between 1 to 10 LandlordTracks Software is rated 2, which is much lower than the average cost of Property Management software. PayProp accurate pricing info is available upon request (they don't share it publicly), however , On a scale between 1 to 10 LandlordTracks Software is rated 2, which is much lower than the average cost of Property Management software.

Bottom line: LandlordTracks cost is around the same cost of PayProp.

Which software includes more/better features?

We've compared LandlordTracks Vs. PayProp based on some of the most important and required Property Management features.

LandlordTracks: We are still working to collect the list of features for LandlordTracks.

PayProp: We are still working to collect the list of features for PayProp.

Target customer size

LandlordTracks's typical customers include: Small, medium and large size businesses, and PayProp's target customer size include: SMBs.