Shlomi Lavi /
Oct 03, 2022
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Bottom Line: Which is Better - MRI Residential or Buildium?
MRI Residential is more expensive to implement (TCO) than Buildium, and Buildium is rated higher (100/100) than MRI Residential (80/100). MRI Residential offers users more features (21) 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:
MRI Software LLC Vs. Buildium
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...
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...
Who is more expensive? MRI Residential or Buildium Property Manager?
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 MRI Residential and Buildium Property Manager.
MRI Residential price starts at $1.75 per property/month , On a scale between 1 to 10 MRI Residential Management is rated 8, which is higher than the average cost of Property Management software. Buildium Property Manager price starts at $50 per month , When comparing Buildium Property Manager to its competitors, the software is rated 2 - much lower than the average Property Management software cost.
Bottom line: MRI Residential is more expensive than Buildium Property Manager.
Which software includes more/better features?
We've compared MRI Residential Vs. Buildium based on some of the most important and required Property Management features.
MRI Residential: 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, Events Calendar, Excel Export, File Storage, Maintenance Overview.
Buildium Property Manager: Automatic Data Backup, Automatic Property Mapping, Easy Data Migration, Email Owner Statements, Excel Export.
Target customer size
MRI Residential Management is perfect for residential or multifamily properties with over 500 units. Buildium is best for small and medium residential properties where people want efficient work and productivity using less resource.