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Before
Buying Quicken Property Manager 2011,
You Should Read This Review PART 2
Moving on to Part 2
of our Quicken Property Manager review, we shall dig deep and unearth
its drawbacks and problems. Read on and decide for yourself if Quicken
is still worth your money and time.
Do you know
what are the major features and unique benefits of this software?
If No, Click
here for Part 1
of our Quicken Rental Property Manager Review.
What
We Don't Like about Quicken Property Manager 2010 (and 2011)
While this Quicken landlord software does come with respectable
accounting
features, it falls short on where it really matters: rental property
functions for landlords and property managers.
One important reason for buying property management software is for the
rental reports it is able to produce. If done well, these rental
reports can be invaluable when it comes to saving time and figuring out
the health of your rental business.
Sad to say this is one area where the Quicken landlord software is
seriously lacking - It produces just 4 measly reports, half of which
are tax reports. Compare this with another popular property
management software such as LandlordMax,
which churns out over 100 helpful reports (complete with bar graphs)
that paint a complete picture of your rental business at a glance.
Pushing on with our Quicken Property Management software review, we
find that the "Rental Property" tab (which stores all
your property and tenant details) is too basic to be useful. They only
allow you to enter the bare-bones information such as personal
particulars for tenants and addresses for properties. An Excel
spreadsheet can do better than that.
Worse still, there is no way for you to insert additional notes and
details... and you can certainly forget about uploading pictures and
documents such as tenant photos
or bill receipts to it.
At the end of the day, Quicken's overall features are limited to rental
accounting, data storage and reminders. For people with more properties
or those wanting to make their lives even easier, other property
management programs like Buildium
offers much more, including running tenant credit checks, accepting
rent online or even advertising your vacant properties.
Our
Conclusion and Recommendations for Quicken Property Manager
This Quicken property management software is one of the those programs
where new versions and updates
actually do more harm than good. What was once a clean, well-designed
and newbie-friendly program (way back in Quicken Rental Property
Manager 2.0) ... has
deteriorated into a cluttered software with weak property management
features.
Perhaps
this is a sign that Quicken should just stick to making personal
finance software, and leave property management software to companies
that understand the needs of landlords and property managers better.
It's not to say that Quicken Property
Manager
is a piece of junk - It's just that for the same price tag, you can
be getting so much more with other
rental property software. That's why we no longer recommend Quicken
Property Management software to landlords or property managers.
Features and
Design: 5 / 10
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Ease of Use: 6 / 10 |
Value for Money: 5 / 10 |
Overall Score: 5 / 10
So What are
the Rental Property Software that We Highly Recommend?
If you want to leave your rental property tasks on auto-pilot or manage
a larger number of rental properties, Buildium is a low-cost property
management program that will serve your needs well:
Click
Here
for Our Complete Buildium Online
Property Management Review.
For a price close to Quicken's, LandlordMax offers a lot more bang for
your buck. Apart from having more powerful and useful features, what's
surprising is that it is actually easier to use:
Click
Here for Our Full LandlordMax
Property Management Software Review.
Read
what our visitors have to share below OR Scroll down to
add your own comment
Are You Using Quicken Property Manager? Share and Post Your Own Review Here
If you have already bought and used Quicken property management software, what are the things that you love or hate about it? Will you recommend it to other landlords and rental property managers? Share your valuable experience with everyone here - We will love to hear your tips, comments and real life stories:
What Our Visitors Have to Say about Quicken Property Manager
Click on the links below to read the valuable tips that our other visitors have to share:
Do you want to read
MORE full reviews of
other property
management software?
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