Finding the perfect rental platform as a property manager can be tedious, especially if you don't have experience in the field. Overall, you must consider many different features before you even sign up for property management software, such as the quality of the support team, the efficiency of financial reports, and the value for money.
One interesting option among property managers is the ResMan platform. ResMan offers a decent range of features that could make your life easier, especially if you're dealing with a complicated portfolio. Now, is ResMan the right option for you? You'll find out today.
The following article will review ResMan and cover everything you should know about it. Moreover, we'll recommend other software you can use if this one doesn't appeal to your needs and goals.
What Is ResMan's Property Management Software?
ResMan, in a nutshell, is a property management software company that provides users with a suite full of features to control their housing.
A great thing about ResMan is that it covers and supports different types of properties, such as:
- Residential Properties
- Commercial Properties
- Affordable Housing
Even though ResMan is mostly used in the real estate community, it also gets used in accounting, non-profit work, hospitality, and more.
ResMan got founded back in 2000, making it a little over a decade old. Something the sales team clears up right from the beginning is that the management company was designed for property managers, so if you're having any issues handling your entire portfolio, then ResMan could be a decent option to consider.
Why Do People Like ResMan?
You may be wondering what makes ResMan different than other software on the market, as at first glance, it could look similar to its competition.
In essence, the platform is user-friendly, allowing those without experience with property management software to manage everything comfortably. One of the things that most users praise about ResMan is its ease of use, as well as its integration offers.
Additionally, the ResMan support team seems to be responsive for the most part, providing quick solutions to common user problems. In short, you may not have any issues when navigating this platform.
However, something that also makes ResMan stand out even more than the competition is that it's also a great platform for tenants. From maintenance requests to packaging tracking, your tenants will also have access to a platform to make things easier for them.
While ResMan was designed for property managers, you should keep in mind that it's a comprehensive solution that covers most needs on the market.
ResMan, overall, is a property management platform that will make everything easier for you, but remember that not everyone may have the same experience with it. If you find that ResMan's features aren't for you, then you can consider one of the three options we'll leave after our review; you'll surely find something that works for your specific needs!
Most Important ResMan Features
Let's talk about ResMan's most notable features. This section will help you determine whether this platform is even worth your time.
While we believe that ResMan could cover the needs of most users, there may be a few missing details that could make you go for another option. In any case, you must go for a platform that gives you all the tools necessary to streamline your property management business.
The most important feature of ResMan is that it covers a lot of property types, so regardless of what you're working with as a project manager, the chances are that you'll find ResMan useful.
Generally speaking, you can manage:
- Residential Properties
- Multifamily Properties
- Commercial Properties
- Affordable Housing
ResMan's dashboard allows you to manage everything about your business in the most efficient way possible. You can manage your inventory, projects, transaction categories, and orders through the same platform, which makes it easier and faster to get everything done.
As mentioned before, tenants also have access to a platform where they can make requests, submit payments, and more. If both parties use the platform, you can ensure a much healthier and more efficient leasing relationship.
ResMan does a great job in the accounting department. You can expect a built-in accounting module where you can automate processes, track your inventory or expenses, process invoices, and many more.
Something interesting about the accounting module is that it also comes with an automatic budget tool, which is perfect for those looking for a solution to manage their cash flow and/or make better investment decisions in the future.
Thanks to ResMan's accounting features, you will know exactly where your money is going, which will allow you to make the right call when the time comes.
If you're looking to market your properties efficiently, then ResMan may have the solution.
This platform comes with a CRM platform where you can create customized pages for your properties. You can include images, videos, or virtual tools there to make the website more appealing.
Furthermore, if you want to see how your website is performing, ResMan provides you with detailed marketing analytics that can help you review your past decisions and see where you can improve your strategy.
Lead Generation Tools/Leasing
Thanks to ResMan's lead generation feature, you can communicate with your prospective tenants through your preferred channel, whether it's a text message or email.
Then, if you get a few interested people, you can use ResMan's platform to create online applications, send them, and get everything done. Additionally, you can also use resident screenings, credit checks, and more.
Finally, ResMan allows users to create leases, so once everyone is ready to sign, all you have to do is create the document and send it.
Not all property management software offers support for affordable housing, so this is something people appreciate from ResMan.
Overall, you can expect many different tools that can help you manage affordable housing, including custom tax credit features, HUD certification and compliance tools, and more.
ResMan Pricing – Everything You Should Know
This is the part where things get tricky for users. Unfortunately, ResMan doesn't offer any information on its pricing online.
You can request a free demo to see if the platform works for you, and if you're satisfied, then you can call the company's sales team to get a quote for the service.
Keep in mind that the price for your ResMan platform will depend on which version of it you choose. Remember that you can get custom features depending on whether you're managing commercial, affordable, or multifamily properties, for example.
The lack of clear pricing on ResMan's website is something that may make a few people stop considering its platform, but if you're really interested in what the company has to offer, then don't hesitate to contact it.
ResMan's support team has proven to be responsive and helpful, so you'll likely get all the information you need as soon as possible.
ResMan Reviews: Pros and Cons
Now that you have a general idea of how ResMan works, let's summarize its pros and cons. We considered our own experience with the platform, as well as what other people have been saying online.
- Customer Support: You can contact support as soon as you need it, and you can rest assured you'll get a quick response to fix your problem.
- Ease of Use: The platform makes your leasing, resident communication, and other property management needs much easier to handle. Moreover, the fact that you can get third-party integrations makes the experience even better for some users.
- Reporting Options: ResMan offers a wide range of reporting features you can use, so if you want to get a better idea of how your property management business is going, then rest assured that you can get all your marketing or financial reports from the same platform.
- Unresponsiveness: Several people online have claimed the website feels slow sometimes. Thankfully, lagging problems don't seem to last long, and you can expect a functioning website (for the most part).
- Specific Reports: While this property management platform offers a wide range of reporting options for users, some users have claimed they have had issues pulling a few of them. In other words, some reports are apparently easier to find than others.
- Redundancy: ResMan may ask you to enter the same information multiple times among multiple pages, which can make the process obnoxious to some users who just want to manage everything from the same page.
- Too Many Features: Even though the number of features ResMan offers is often seen as a good thing, too many of them can make it overwhelming for certain users. In any case, you could take a while to learn how to use all the features ResMan has available.
- Mobile Implementation: Unfortunately, there's no mobile version of ResMan, which can put it behind other property management software.
Three Competitors That Property Managers Can Consider
ResMan is, for the most part, a great property management platform that most users will enjoy. However, when it comes to property management software, there are dozens of different options to consider, so we recommend not going for the first option you see online before you review others.
Here, we'll cover three competitors to ResMan that also do an excellent job at providing excellent support, good value for money, and a ton of features that will make handling your business much easier.
#1 - DoorLoop
Often called "one of the most effective property management platforms on the market," DoorLoop offers everything you need to become a more effective property manager.
One of the greatest things about DoorLoop is that it offers amazing value for money, so if you were looking for a low-cost solution that didn't sacrifice features, you came to the right place.
In essence, DoorLoop is a platform that allows property managers to manage their properties in many different countries. Yes; DoorLoop also supports multiple currencies.
This property management software has been used by:
- Property Managers
- Management Companies
Additionally, you can expect to manage a wide range of properties with DoorLoop, including:
- Commercial Properties
- Residential Properties
- Mobile Homes
- Student Housing
- And more
You can consider DoorLoop an "all-in-one solution" to all your property management needs, so you can expect a lot of features to help you in your journey.
Let's look at some of DoorLoop's most notable features:
Rent Collection Platform
DoorLoop has an excellent platform that allows landlords to collect rent easily (while making it easier for the tenant too!)
Thanks to the tenant portal, they can set up their payments in any way they consider fit, whether it's automatic or manual payments. Some great "actions" that allow you to make rent payments easier include:
- Receive Payment
- Issue Credit
- Give Refund
- Post Charge
- Withhold Deposit
DoorLoop allows users to work with debit, credit, or ACH payments, so you can rest assured you won't have any problems while collecting rent with this platform.
If you have partners/owners you must respond to, you can use DoorLoop to create detailed reports on how everything is going with the properties.
Regardless of the case, you won't take more than a few minutes to generate a report.
Like ResMan, DoorLoop has efficient accounting tools that will help you down the road. Thanks to its QuickBooks integration, for example, you can deal with your accounting easily.
Efficient and Streamlined Communication Channels
Communicating with your tenants is easier than ever with DoorLoop. Unlike ResMan, you can talk to your tenant within the DoorLoop app, which they can access through their desktop PC, laptop, or smartphone.
Easy Leasing and Property Management
You can easily add properties with DoorLoop. All you have to do is click on "Create New," and enter all the necessary details about the unit. Then, you can add photos, additional owners, and any other vital information your prospective tenants should know about.
Moreover, once you're ready to sign a lease with a new tenant, you can go on DoorLoop and create a lease adapted to your needs within minutes. If you were to add a new tenant to an existing lease, for example, you can also do it.
DoorLoop's "Tasks & Maintenance" portal allows users to handle any maintenance requests. This includes creating an order, editing it, or adding subtasks.
DoorLoop starts at $99 per month for its "Pro" plan, which is the most popular one (billed yearly).
If you're on a budget, you could also check the "Starter" plan, which starts at $49 per month.
Finally, the "Premium" plan starts at $140 per month. DoorLoop often puts up discounts for new clients, so if you keep an eye out on the website, you may get yourself an excellent deal!
Keep in mind you can keep those prices if you're managing up to 20 properties. If you want to manage more, you will get a price adjustment.
Still, DoorLoop is a much more affordable option compared to other programs on the market, and the fact that the website is transparent with its pricing makes everything much better for potential clients.
If DoorLoop seems appealing to you, you can request a free demo today and get a taste of what you can expect from the full service.
#2 - Innago
Innago is an excellent option for those on a budget or who are looking for a "basic" service. If you're handling a relatively small portfolio, for example, then Innago may be a great alternative to ResMan to consider.
Overall, Innago has most of the features the average user will need to manage their property, although they may miss out on some special features that other platforms have.
Some of the features that make Innago great for users include the following:
- Maintenance Management
- Expense Tracking
- Online Payments
- Tax Management
- Credit Checks
- Owner/Tenant Portal
Something we should note about Innago is that, while it's a decent option for the most part, its leasing tools aren't the most effective, so you may struggle a bit to get everything sorted.
On the other hand, some users have reported that navigating Innago's interface is hard to navigate and that it's not as intuitive as other alternatives.
One of the best things about Innago is its pricing. Once you enter the website, you will get greeted with its "free" solution. The most important thing you should keep in mind is that the company's "Basic" plan won't charge you monthly fees.
However, you can still expect to pay a few transaction fees, including $2 for ACH payments or 2.75% of your debit payments.
If you want to perform a background check with Innago, you will have to pay from $30 to $35 to get it.
To summarize, if you were to make several payments/transactions within Innago's platform, you can expect to pay up to $50 a month just in fees. Still, it's reasonably priced considering the number of features it offers.
Overall, Innago seems to be a solid option for those looking for an affordable and basic solution to their project management needs. However, keep in mind that it may not be enough if you're someone with specific accounting/reporting/leasing needs or if you're managing a large number of properties.
#3 - Landlordy
The last platform we have on this list is Landlordy, which is excellent for those wanting to manage their property from their smartphone.
This is a property management app specifically designed for mobile devices. As of today, you can get it on both the Google Play and App Store.
What makes Landlordy stand out is the fact that it's more convenient than other options on the market. As you might remember, ResMan doesn't have a mobile version, so if mobile compatibility is what you're looking for, then Landlordy may have what you need.
Landlordy, as its website claims, seamlessly integrates with your smartphone's camera, messaging, and email features, allowing you to have easier control over everything. Moreover, you will be able to keep all your finances under control and communicate with your tenants more effectively.
Even though Landlordly is a mobile-based platform, it still has a wide range of features that can help any property manager out there.
Some of the most notable features of this platform include:
- It's easy to track your properties and reports, including deposits, payments, due dates, account balances, utility payments, repairs, and more. You can access all of that information from Landlordy's app, and if you want, you can also share a copy with whomever you want.
- You can set up reminders for important tasks like collecting rent, scheduling a repair service, renewing a lease, and more.
- You can take your smartphone's camera and use it to take pictures of any bills, quotes, or any other document that you may need easy access to.
- The app allows you to keep track of all your properties, tenants, and any other relevant information related to them. You can even get a copy of the lease stored on the app.
- You don't need to enter any login details every time you get into the app, once you're in, you can send any receipts, invoices, or reminders to your tenant within a few minutes.
- You can request property financial reports to review how your units are performing.
The most useful feature, though, is that it's a mobile-based platform, which means you can manage your properties from anywhere you are. Other platforms on the market don't allow you to do this, so if you were looking for convenience, Landlordy might interest you.
Landlordy is free to download and test. If you go for the free version, you will get its most basic features. Moreover, you can't manage more than one property with this version.
Unfortunately, you can't expect the features in the free plan to cover all your property management needs. If you truly want to discover what the app has in store for users, you must go for one of its paid plans or get the premium features.
Landlordy's "Mini" plan is $14.99, and the "Plus" plan is $49.99. Finally, the "Pro" plan from Landlordy is $99.99.
Keep in mind that the mini plan will allow you to manage up to two units, and the plus plan will allow you to manage up to 10. The pro plan, although expensive, allows you to manage all the properties you want at no extra cost.
If you don't want to subscribe but want to get the "premium" features, you can get them for a one-time fee within the app. Furthermore, you can upgrade from the "Mini" to the "Plus" plan and from the "Plus" to the "Pro" plan.
How Do You Know You're Getting the Right Platform for Your Needs?
Choosing the right piece of software doesn't have to be that complicated. If you want to make a smart investment decision, you must first address your current situation and needs.
Are you managing a single property, or are you dealing with dozens of them? Also, you must keep your budget in mind. In essence, you must seek the right balance between value and price.
If you find a platform that can give you all the features you need for a reasonable price, then go for it! You can upgrade later if you need to.
Try DoorLoop Today
DoorLoop is, overall, the most solid option among the competition. It offers competitive pricing while offering all the features you could possibly need for managing your properties.
There are dozens of features waiting to be discovered on your DoorLoop dashboard, including:
- Maintenance Request/Management System
- Full Accounting Suite
- Efficient Tenant Communication Tools
- Intuitive Owner and Tenant Portal
- Easy-to-Use Platform
- Reliable Customer Service Team
- And more!
If you're eager to see how DoorLoop can help you make your property management experience much easier, schedule a demo today, and get started.