Positioned as a network of property management services, Buildium is another popular platform for real-estate specialists. Many are cloud-based services (opens in new tab), which means you can access what you need from anywhere, such as on the go using your smartphone (opens in new tab). Luckily there are a number of very comprehensive solutions on the market for organizations that need to manage a lot of property units. On top of that there's the number of properties involved, as someone managing a handful of real estate units will likely have different needs to a group controlling thousands.
Some of the best software will also enable communications direct with tenants to provides updates and status notifications as required. Managing tenants and maintenance will also be necessary, as well as screening rental applications, inventory tracking, advertising and marketing (opens in new tab), as well as ticketing fault reports. It's not simply that property management software needs to be able to handle documents such as from office software (opens in new tab), but also needs to cover accounting (opens in new tab) needs and financial management (opens in new tab) as well.
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