Looking for the right property management solutions can be a nightmare. There are dozens of different options that property managers can get today, and each of them offers unique benefits. Unfortunately, not every property management system will be the right one for your needs.
One of the most recommended property management tools for residential, student housing, and commercial real estate is AppFolio. Not only does it have an intuitive UI, but it also offers plenty of features that cater to most clients. It helps with many needs, including revenue management, customer relationship management, marketing, and more.
What if AppFolio isn't for you? Don't worry, there are other options you can check out.
This article covers the most popular AppFolio property manager alternatives you can get in 2023. If you want to manage your properties in the best way possible, rest assured that one of the solutions here will do the trick.
About AppFolio Property Management Software
AppFolio is an all-in-one solution for real estate managers. Whether you want to manage commercial properties or condos, this tool offers plenty of options to simplify the process.
This property management solution allows you to manage the following types of properties:
- Student housing
- And more
What makes AppFolio special for property managers is its UI. Not everyone in the residential/commercial real estate market is an expert with management tools, so having something easy to use will be an advantage.
Some of the most notable features you can expect from this property management platform include:
- Applications and screenings
- Tenant communication tools
- Rent payment management
- Maintenance requests
- Accounting software solution
Whether you manage one or more properties, you can set the program to handle certain tasks automatically, giving you peace of mind in the long run.
If you're looking for an intuitive tool to manage your residential or commercial property, AppFolio could be a great option.
You may be wondering: "If AppFolio is so great, why would I want an alternative?" Its biggest disadvantage, unfortunately, is its price.
AppFolio is considered one of the most expensive property management software solutions to get today. If your budget is tight, then you may not want to go for this option.
You'll get a different price depending on your needs. If you're looking to manage residential properties, for example, you have the Core and Plus plans.
The Core plan starts at $1.40 per unit/month, whereas the Plus starts at $3 per unit/month. If you were to manage commercial properties, however, you can expect the Core plan to start at $1.50 per unit/month.
An important factor to keep in mind is that you must pay a minimum of $280 in monthly fees for the Core plan and $900 for the Plus. Even though you'll get a robust set of features to use, the price tag may be a little too high for some.
Top Five AppFolio Alternatives
As you can see, Appfolio can be great if you have the budget for it. If not, you may struggle to find an option that works smoothly. We'll make the process easier for you by recommending five of the best property management platforms for commercial/residential/rental properties.
Each of these options was reviewed based on its ease of use, features, and price. Feel free to check all of them out and choose the one that best adapts to your needs.
#1 - DoorLoop
DoorLoop is one of the greatest property management platforms you can get today. Not only does it offer all of the features you may need for your residential or commercial property, but it also has competitive rates that make it stand out among the competition.
The goal of this property management platform is to give people the resources they need to make their jobs easier. Even managing a single property can be overwhelming if you don't have the right tool, and that's where DoorLoop comes in. It doesn't matter if you're on your desktop computer or phone, you can use DoorLoop to keep track of all the important stuff right away.
Features are what makes DoorLoop special for property managers. As the company says, DoorLoop is "property management software made easy."
It allows you to manage:
- Mobile homes
- Affordable housing
- Community associations
- Residential/commercial properties
Moreover, you'll get support for the following areas:
- Property Management
- Product Solutions
Let's look at some of the best features you can get from DoorLoop today:
- Automation: Not many things are better than automation. Thanks to DoorLoop, you can automate a few obnoxious tasks like rent collection and make your life easier. Set up your platform to collect rent through your preferred payment method, send automatic reminders, and track your rent payments with ease.
- Software Integration: DoorLoop allows you to integrate your accounting tools with QuickBooks, giving you plenty of more options to keep everything in check.
- Tenant Communication Tools: You can easily communicate with your tenants thanks to DoorLoop's landlord/tenant portal. Whether you want to send a message, collect rent, or handle maintenance requests, you can do it within a few seconds.
- Maintenance Management Features: DoorLoop allows you to handle your maintenance/service requests from a single place. You can create and customize maintenance requests, send invoices to vendors, handle payments, and more.
- All-in-One Accounting Suite: This property management software is known for offering a plethora of accounting tools. Not only can you run powerful reports, but you can also go through them easily through automated filters. If you want to manage your transactions easily, you can also sync your bank.
DoorLoop offers different pricing plans, which are perfect for those on a budget or with particular needs. This company gives you three plans:
- Starter Plan - Starts at $49 per month, billed yearly.
- Pro Plan - Starts at $99 per month, billed yearly.
- Premium Plan - Starts at $149 per month, billed yearly.
You can use DoorLoop's pricing page to calculate how much you could pay depending on the number of properties you're dealing with. Fortunately, even the Premium plan has a reasonable rate for property managers.
If you're not sure whether this property management system is the right one, you can schedule a free demo today. It allows you to check DoorLoop's features without any strings attached.
#2 - Propertyware
Propertyware is one of the most customizable tools on the list. It allows you to tailor your experience to what you need, giving you the liberty you may be looking for.
Even though Propertyware was designed for those with large portfolios, you may still consider it if you have the budget.
There are plenty of features to expect from Propertyware, such as:
- Custom dashboards
- Open API
- Online leasing
- Property management
- Maintenance management
- Operations and risk management
The company also offers many educational resources for those looking for an extra hand while using their property management software.
According to Propertyware, there are no hidden fees for the program. You get three different plans:
- Basic - $1 per unit/month. $250 monthly minimum + implementation fee.
- Plus - $1.50 per unit/month. $350 monthly minimum + implementation fee.
- Premium - $2 per unit/month. $450 monthly minimum + implementation fee.
#3 - Hemlane
Hemlane is another option that offers an intuitive UI to get you started. Overall, you won't have any problems using this platform, as each feature and resource is carefully implemented to make your experience better.
This platform is great for:
Hemlane is known for offering a decent suite of features to help you during your real estate management process. Some of the most popular ones include:
- Rental advertising
- Applicant tracking
- Lease management
- Tenant screening
- Maintenance requests
- Payment management
Hemlane offers a free trial to those interested in trying it out. As for the pricing, you get three different plans:
- Basic - $30 per month. Additional units go for $2.
- Essential - $40 per month. Additional units go for $12.
- Complete - $60 per month. Additional units go for $32.
If you're only managing one unit, then this could be a reasonably priced option. Otherwise, you may have to prepare to spend more money to manage everything.
#4 - Stessa
Stessa's goal is to make your financial planning for real estate much easier. Even though it's not necessarily a "property management platform," it still offers many features you might enjoy.
You can do most of your financial management through Stessa. There are also a few other property management features that may come in handy. Here's an overview of Stessa's most popular features:
- Owner portal
- Document management
- Leasing features
- Mobile app compatibility
- Tax management
- Rent tracking
- Financial reporting
Stessa may be a good option only if you're focused on the financials of your properties. Otherwise, you may be better off with some of the other options we mentioned here.
You'll get two plans here. The Essential plan is free of charge, which is perfect for those who are starting with property management systems. If you're looking for some extra "power," you can get the Pro plan, which starts at $20 per month.
Stessa is one of the most affordable options on the list, although it sacrifices some property management essentials you may need.
#5 - Innago
Innago is a platform with plenty of property management features you can use. Something that makes it special is that it has an amazing UI that will make the process much easier for you.
Some features that make Innago great include:
- Accounting tools
- Tax management
- Leasing tools
- Tenant/rent tracking
- Maintenance requests
- Owner/tenant portal
- Financial reports
Innago is "free of charge." You'll get access to most of the important features without having to pay anything.
However, keep in mind that there are a few fees you may pay from time to time. ACH/debit payments, for example, often ask for fees that vary depending on the transaction.
Moreover, if you want to run a background check on your tenant, you can expect to pay $30-$35.
Which Property Management Solution Is Better for You?
There's not a one-size-fits-all solution when it comes to managing properties. Everyone has different needs or goals to meet. Even though all of the options mentioned here give you an excellent approach to property management, you should stick to the one that does it better for you.
Think about your needs, budget, and short/long-term goals. This will give you a better idea of which software is best.
If you're looking for an overall great solution to manage your properties, DoorLoop will do the trick. It has an intuitive and easy-to-use UI, competitive pricing, and a wide range of features that will help you get everything sorted.
Even if you struggle to use any of the features mentioned above, you can talk to our customer support team whenever you want. There's always someone ready to help.
DoorLoop's goal is to make your property management experience exciting and easier, so rest assured that its team is working hard to keep offering the necessary tools to make it the ultimate solution.
Request a free demo of DoorLoop today, and discover how you can make the most out of your property management software solutions in a much easier way!