You are currently viewing Top Rental Property Trackers For 2023

Top Rental Property Trackers For 2023

If you are a landlord, managing multiple properties can quickly get out of hand. If you have a system in place to manage your properties, you can stay organized and on top of things. There are a number of apps designed to simplify everything from tenant screening to rent payment. Landlords can save time and energy with the help of these apps. The best rental property trackers are listed here. Property owners and managers can use these trackers to keep an eye on their rental investments.

You can stay organized and profitable if you have the right rental property tracker. If you want to remain successful as a landlord, you need to keep up with the changes in the rental market.

To find out who made our list, why we picked them, and how to maximize your profits, keep reading. You will be well on your way to becoming a successful property manager by the end.

10 Best Rental Property Trackers

There are many rental property tracker available to help the busy real estate investor. Tracking can help you keep an eye on the most important aspects of your rental property, such as income and expenses, tenant payments, and more. Each property management app has a different specialty. To determine which property management app is best for your rental business, it is important to research each app.

Rental property expense tracking is one of the services that focuses on it. Landlords can save time and money by using these services to automate tedious tasks such as calculating rent payments, tracking expenses, and managing tenant records. You can interface with clients to collect rent, process maintenance requests, and securely exchange documents. Property managers can save time and money by using this technology.

We checked out ten apps that were worth checking out. The features andFunctionality that you need for your business will be provided by these apps.

  1. Personal Capital
  2. Buildium
  3. Stessa
  4. Rentec Direct
  5. Quicken Home & Business
  6. Landlordy
  7. Rentler
  8. RentTrack
  9. Landlord Studio
  10. PropertyTracker

1. Personal Capital

  • Free income tracking
  • Holistic wealth management app that goes beyond your rental cash flow
  • Easy enough for beginners to use

Personal Capital is one of the most popular finance apps out there. The app treats your real estate as an investment, rather than just a business or side hustle. Although you won’t get features such as a tenant portal or a special email inbox, you will be able to see how your rental income affects your net worth.

You can link up your properties with the app. It’s easy to keep track of your rental properties. Your cash flow and property values are pulled from the app and factored into your net worth. It shows you an up-to-date picture of your finances.

Personal Capital can be used to plan for retirement. All of your other investments will be managed by it. It will help you make better decisions and maximize your returns.

Personal Capital’s features are free. Premium services are offered for a fee. For a fee, the company offers asset management for investors who deposit a minimum of $100,000. Individualized advice and tailored strategies are provided by this asset management service.

2. Buildium

  • The most comprehensive property management app currently available
  • Convenient tenant portal manages payments and maintenance requests
  • Not difficult to use

Buildium is one of the most popular property management apps on the market — and for a good reason. The tracker streamlines the entire management process, from screening potential tenants to collecting and tracking rent payments. It creates an organized system for landlords and tenants to manage their rental relationships.

Tenants can send payments and submit maintenance requests through the tenant portal in the app. Tenants can access their rental documents through the portal. You can send bulk emails and texts to your tenants and contacts with the communications tools offered by Buildium. You can keep track of all your important documents with the secure document storage feature.

Although Buildium has a lot of features, that doesn’t mean it’s hard to use. We found the platform easy to use. If you are looking for an easy-to-use property management system, we would highly recommend Buildium’s platform.

How much you pay depends on how many units you manage, here is a breakdown of their current plans:

  • Essential: Prices Range from $52 – $244 per month for up to 150 Units
  • Growth: Prices Range from $166 – $5,600 per month for up to 5,000 Units
  • Premium: Prices Range from $5,172 – $165,600 per year for up to 5,000 Units

If you choose to pay annually, Buildium will give you a 10 percent discount. The discount will help you save money over the course of the year.

3. Stessa

  • Mostly free service
  • Great for collaborating on properties with others
  • Integrates with Roofstock so you can buy and sell properties

If you’re looking for a solution that will not only help you track your current properties but find new real estate opportunities, check out Stessa.

Stessa’s parent company is Learn More:

4. Rentec Direct

  • Unlimited U.S.-based customer service
  • Full ledger accounting and Quickbooks synchronization
  • Includes a custom website so you can market your properties

Rentec Direct is a software company that offers two products for managing properties.

  1. It was designed for landlords and investors.
  2. Property managers need trust accounting features. An essential tool for property managers, PM provides a comprehensive set of features for trust accounting.

With either plan, users have access to a variety of features to help with both the financial and operational aspects of their real estate investments. Users can tailor the features of the plans to their needs.

Rentec offers full general ledger accounting, an in-depth reporting system, and a built-in e-filing solution. Rentec gives users a comprehensive suite of features to manage their rental properties. You can use the app to run credit reports on potential tenants. The app provides detailed rental histories and credit scores of tenants, helping you make informed decisions when choosing the right candidate.

Rentec Direct has features that can help you market your vacancies. With a few clicks, you can easily post your vacancies to popular job boards and social media sites. The service will help you set up a website to reach potential tenants. Rentec will post your listings to popular websites. You can quickly and easily get your listings out to the widest possible audience.

How much you pay depends on how many units you manage, here is a breakdown of their current plans:

  • Pro: Price Ranges from $45 – $2,750 per month (up to 2,500 units)
  • PM: Price Ranges from $55 – $3,000 per month (up to 2,500 units)

If you choose to pay annually, Rentec Direct will give you a 10% discount. You save more money when you make the annual commitment because the 10% discount is applied to your total account balance. Rentec Direct can be reached if you need to manage more than 2,500 units. We know how important it is to have the right rental property management software for your business, so we make sure to provide you with the best options available.

5. Quicken Home & Business

  • Top choice for existing Quicken customers
  • Easily connect with TurboTax
  • Dedicated customer support team

6. Landlordy

Landlordy is a user-friendly mobile app that makes it easy to stay organized and on top of your finances. You can track expenses, maintenance records, safety inspections, and other important information with the app.

Your camera, messaging program, and email are some of the tools Landlordy integrates with. You can communicate with tenants or your accountant. Invoices can be sent to tenants through the app. It’s easy to stay organized and make sure everyone pays on time.

Since Landlordy stores all of your data on your phone, you don’t need to worry about logging in with a usernames and passwords. Landlordy is the perfect choice for those who prefer to keep their data private.

Landlordy is too simple for your needs if you manage multiple units. A more comprehensive property management software can help you manage multiple units and all their associated tasks. It is great for the smaller-scale rental investor. The low costs associated with rental investing make it an attractive option for small-scale investors. It is much cheaper than other services. It’s a great option for budget-minded property managers.

How much you pay depends on how many units you manage, here is a breakdown of their current plans:

  • Free: Free for landlords who manage just one unit
  • Mini: $14.99 for two units
  • Plus: $49.99 for up to ten units
  • Pro: $99.99 for unlimited properties

These are not monthly recurring fees. It’s important to remember this when budgeting for costs.

7. Rentler

  • Mostly free for landlords
  • Streamlines tenant payment collection
  • 24/7 customer support

Rentler is a property management software that enables landlords to view their entire rental lifecycles from a single dashboard. Most of its services are free. Legal forms can be purchased a la carte. It is easy to add these extras to your subscription plan.

The service helps landlords with a wide variety of tasks, such as listing properties, collecting applications, running screenings, and collecting payments. Tracking and storing important paperwork helps landlords stay organized. You will never miss an important update from a tenant if you track maintenance requests. You can use the software to set up automated reminders to make sure everything is running smoothly.

You can see how much you can rent your place for with a rentability tool.

8. RentTrack

  • Best suited for payment collection
  • Rent reporting can help build tenant’s credit scores
  • May increase the chances of timely payments

RentTrack is an app that lets landlords collect rent and track tenant payments online. The main goal of the company is to help property owners save time and money. The company is committed to offering innovative solutions that increase efficiency and streamline operations.

Tenants are helped by the service to build good credit. Tenants can use the service to improve their credit score by making regular, on-time payments. The app reports each rental payment to the three major credit bureaus. It is an extra incentive for your tenants to pay their bills on time. Your renters can build their credit score if they have a good payment history.

9. Landlord Studio

  • Streamlines expense tracking for tax purposes
  • Helpful for managing tenant payments and communication
  • Low-cost, with three account tiers

Landlord Studio is a comprehensive property management app that lets you track all your rent payments and finances in one place.

Tenants can easily pay rent online with Landlord Studio’s rent collection service. The rent collection service makes it easy for landlords to remind tenants to pay their rent on time. An automatic late-fee feature and tenant screening are included in the app.

LandlordStudio is also inexpensive, here is a breakdown of their current plans:

  • Start: Price Starts at $6.99 per month for one unit
  • Growth: Price Starts at $17.99 per month for one unit
  • Scale: Price Starts at $29.99 per month for one unit

10. PropertyTracker

  • Relatively low-cost
  • Enhanced bookkeeping services are available
  • 30-day free trial option

PropertyTracker helps landlords track properties and assets from an easy-to-use mobile app.

An expense and income tracker can be found in the app, as well as performance reports and appreciation trends.

Here is a breakdown of PropertyTracker’s current plans:

  • Baltic Ave: Free for up to 10 new properties per month
  • Marvin Gardens: $347/year for unlimited property tracker access
  • Boardwalk: $1,298/year for unlimited property tracker access and access to an exclusive group of like-minded investors

How to Maximize a Rental Tracker

Only Use Reputable Apps

Trusting third-party apps with your financial or real estate information is always a risk. Passwords and two-factor authentication should be used whenever possible. You don’t want to give an app unrestricted access to your financial portfolio without making sure it’s legit. Before granting any app access to sensitive information, it’s important to do your due diligence.

Before you download an app, read its reviews and make sure it is legit. Before you agree to install the app, make sure to read the terms and conditions. There are many solid property trackers out there. It is important to research before you make a decision. There is no reason to settle for a second-tier service. It’s best to invest in high quality products and services that you can afford.

Browse Various Property Management Tools

There are a variety of rental property trackers in this list. The best rental property tracker is dependent on your needs and preferences. One of these solutions will meet all of the needs of some real estate investors. With real estate management software, investors can save time and effort while achieving successful results. Others may need more than one service. Some may need to purchase a domain name as part of the website hosting package, while others may need access to an email service. It doesn’t have to be exclusive to a single provider. It’s important to shop around for the best deal to get value for your money.

Write Off Your Expenses

You can write off the costs of your real estate app. Reducing your income can be done with the help of these costs. It is important to write off every possible tax deductible expense as an investor. It is important to keep detailed records of all investments and expenses. Ask a qualified accountant or tax advisor if you are unsure. Ensuring that you are filing your taxes correctly is important. This isn’t something you should be thinking about. You need to be sure of the answer before you submit.

Frequently Asked Questions

What are rental property trackers?

Rental property tracker is an app or software solution that helps landlords track the costs, revenue, and operations of their real estate investments. Rental property trackers give landlords a comprehensive overview of their real estate investments, allowing them to make data-driven decisions and maximize the potential of their rental properties. Tenants screening, communication platforms, and advertising options are included in some trackers. You can save time and money by using these additional services.

Do you need an app for rental property management?

It certainly helps if you don’t have an app. It’s easier to manage your business if you have an app, as well as give customers a better experience. People are always on their phones. Many people feel disconnected from their surroundings and less connected to the people around them because of this. It makes sense to have a management app with your other solutions. You can connect with your business from any location.

A good, old-fashioned spreadsheet has been used by many landlords. It’s important to remember that a spreadsheet only takes you so far in managing a rental property business.

Which are the Best Rental Property Trackers for You?

It is possible to make your life easier if you have a good rental property tracker. If you use a rental property tracker, you can stay on top of any maintenance or repair work that needs to be done, as well as keep track of tenant payments. There are a lot of free services. If you pay for a premium service, you can write it off at tax time. You can deduct the cost from your taxes if you enjoy the service.

You can focus more on growing your investments once you use a tracker app. You can use the data to make better decisions. You can have a million-dollar real estate empire in no time.

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