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Low Cost Property Management Software Reviews
- Which is Best for You? PART 2

Are you looking for a low cost property management software with world class features? In this Part 2 of our Property Management Software Reviews, we shall compare 3 of the hottest property management software (Buildium, LandlordMax, Quicken) and help pick the best one for your needs.

Do you know how these software fare when it comes to features and ease-of-use? If No, Click here to read Part 1 of this Low Cost Property Management Software Comparison first.


3. Value for Money - Is the Software Actually Worth its Price Tag?

For us, this section is summed up by two words: good and affordable. Being the cheapest property management software on the block is far from enough: What's more important is that it has to overdeliver for its price range. With a bit luck, we may just uncover a cheap property management software with top-notch features.

Buildium: 9 / 10 Price: $15 to $50+ per month

Since Buildium is an property management program, you will be paying a monthly fee depending on the number of your rental properties. The amazing value offered by Buildium is two-fold: You get an exhaustive list of advanced, time-saving functions plus Buildium users enjoy big savings off landlord services such as accepting online payments and credit reports.

LandlordMax: 8 / 10 Price: $165

If you have a slightly larger budget, then LandlordMax will be an excellent choice for you. In exchange for paying a bit more, you will be getting a big bundle of highly helpful features such as detailed reports, cash flow calculators and a full-blown database. These valuable functions are rarely found in low cost property management software under $300.

Quicken: 5 / 10 Price: $150

Quicken doesn't have a big price tag, but the scores are low because it doesn't give you a lot of bang for your buck. What you are mostly paying for is a personal accounting software, with minimal property management tools tossed in as an after-thought. It will score higher as a personal finance program, but what we want is a good and cheap property management software.

4. Total Score and Recommendation - Which Software is Right for You?

After spending a few weeks test-driving these inexpensive property management software, it's clear there is no one-size-fits-all program that is perfect for everyone. Rather, the perfect software for you will depend heavily on your own needs, commitment level and number of rental properties under your belt. Read on for our specific recommendations:

Buildium: 9 / 10

Buildium's unmatched features and full range of add-on services makes a dream for any power user. If you are a professional property manager or landlord who has to grapple with more than 25 rental properties, this is the software for you. It even outperforms some of the specially tailored, in-house software that go for thousands of dollars.

LandlordMax: 8 / 10

While LandlordMax's powerful features are aimed at landlords with 10 or more rental properties, its ease of use makes it an excellent choice even for first timers who are serious about their rental business and want to do things right from the start. This is also the ideal low cost property management software for the budding property manager.

Quicken: 5 / 10

On paper, Quicken Rental Property Manager does qualify as a cheap property management software. However, we do not really recommend it, simply because you can be getting a much better deal deal with either Buildium or LandlordMax. If you are still interested, we would caution you to try before buying, but the problem here is that Quicken doesn't offer a free trial.

Want more details and information for these low cost property management software?

Then scroll down for our complete in-depth property management software reviews:

Buildium Mini Logo Click Here for Our Full Review of Buildium Property Management.

LandlordMax Mini Logo Click Here for Our Full Review of LandlordMax Property Management.

Quicken Mini Logo Click Here for Our Full Review of Quicken Rental Property Manager.


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