Buildium is a property management software that offers different pricing plans depending on the size of your portfolio and the features you need.
As of my knowledge cutoff in 2021, Buildium’s pricing plans started at $50 per month for a “Core” plan that includes basic property management features for up to 20 units. Their other plans include the “Pro” plan for $160 per month for up to 150 units and the “Premium” plan for $460 per month for up to 500 units.
However, I do not have information on any changes to their pricing plans since my knowledge cutoff, so it’s best to check their website or contact their sales team directly for the most up-to-date pricing information.
Overview of Buildium
Buildium is a cloud-based property management software that helps property managers and landlords streamline their day-to-day operations. It offers a range of features that make it easy to manage multiple properties, tenants, lease agreements, financials, maintenance requests, and more.
Some of the key features of Buildium include:
Online rent payments: Buildium allows tenants to pay rent online, making it easy for property managers to track payments and streamline their accounting processes.
Tenant management: With Buildium, property managers can easily manage tenant details, track lease agreements, and communicate with tenants.
Maintenance tracking: Buildium includes a maintenance management tool that allows property managers to track maintenance requests, schedule repairs, and communicate with contractors.
Accounting and financial reporting: Buildium offers robust accounting and financial reporting tools that make it easy to track income and expenses, generate financial reports, and handle tax preparation.
Property marketing: Buildium includes marketing tools that make it easy to create and publish property listings, track leads, and communicate with potential tenants.
Overall, Buildium is a powerful and flexible property management software that can help property managers and landlords save time, reduce costs, and improve the efficiency of their operations.
Detailed Buildium Review
Buildium is a popular cloud-based property management software that offers a range of features to help property managers and landlords streamline their operations. In this detailed review, we will look at the key features of Buildium, its pricing plans, user interface, customer support, and more.
Key Features:
Tenant Management – Buildium offers a comprehensive tenant management feature that allows property managers to manage lease agreements, tenant details, and communication with tenants. The software also offers tools for tenant screening, allowing you to vet potential tenants before approving their application.
Rent Collection – Buildium makes it easy for property managers to collect rent payments online through its platform. This feature allows tenants to pay rent through an online portal, making it convenient and easy to track payments.
Maintenance Tracking – Buildium offers a maintenance management tool that allows property managers to track maintenance requests, schedule repairs, and communicate with contractors. This feature is particularly useful for landlords who manage multiple properties.
Accounting and Financial Reporting – Buildium offers robust accounting and financial reporting tools that make it easy to track income and expenses, generate financial reports, and handle tax preparation. The software also integrates with popular accounting software like QuickBooks and Xero.
Property Marketing – Buildium includes marketing tools that make it easy to create and publish property listings, track leads, and communicate with potential tenants. This feature can help landlords attract and retain tenants more effectively.
Pricing:
Buildium offers three pricing plans: Core, Pro, and Premium. The Core plan starts at $50 per month and offers basic property management features for up to 20 units. The Pro plan starts at $160 per month and offers more advanced features for up to 150 units. The Premium plan starts at $460 per month and offers additional features for up to 500 units. The software also offers a free trial, allowing you to test out the software before committing to a plan.
User Interface:
Buildium’s user interface is well-designed and easy to use. The software offers a clean and intuitive interface that allows users to navigate easily between features. The dashboard provides an overview of your properties and allows you to access key features like tenant management, rent collection, and maintenance tracking.
Customer Support:
Buildium offers comprehensive customer support through phone, email, and chat. The software also offers a knowledge base and community forum where users can find answers to common questions and connect with other users.
Pros:
- Comprehensive set of features
- User-friendly interface
- Excellent customer support
- Integration with popular accounting software
Cons:
- Pricing can be expensive for larger portfolios
- Limited customization options
- Overall, Buildium is an excellent property management software that offers a comprehensive set of features to help property managers and landlords streamline their operations. While the pricing can be expensive for larger portfolios, the software’s user-friendly interface and excellent customer support make it a worthwhile investment.
Buildium Pricing & Cost
Buildium offers different pricing plans depending on the size of your portfolio and the features you need. As of my knowledge cutoff in 2021, Buildium’s pricing plans were as follows:
Core Plan: This plan starts at $50 per month and is designed for landlords and property managers with up to 20 units. It includes basic property management features like online rent payments, tenant screening, and maintenance tracking.
Pro Plan: This plan starts at $160 per month and is designed for landlords and property managers with up to 150 units. It includes more advanced features like custom lease agreements, resident portal, and maintenance workflows.
Premium Plan: This plan starts at $460 per month and is designed for landlords and property managers with up to 500 units. It includes additional features like customized reporting, automated rent increases, and priority customer support.
It’s important to note that these prices are subject to change and may vary depending on the features you need and the size of your portfolio. Buildium also offers a 15-day free trial so you can test out the software before committing to a plan.
In addition to the monthly subscription fees, there may be additional charges for certain features like credit card processing fees for online rent payments or a one-time setup fee for new accounts.
Overall, Buildium’s pricing can be a bit expensive for larger portfolios, but the software offers a comprehensive set of features and excellent customer support, making it a worthwhile investment for many property managers and landlords.
Buildium Features
Buildium offers a comprehensive set of features to help property managers and landlords streamline their operations. Some of the key features of Buildium include:
Tenant Management: Buildium allows property managers to easily manage tenant details, track lease agreements, and communicate with tenants. This includes tenant screening tools, move-in/move-out tracking, and rent payment reminders.
Rent Collection: Buildium offers online rent payment processing, making it easy for tenants to pay rent through the software. This feature allows property managers to track payments, automate late fees, and handle security deposits.
Maintenance Tracking: Buildium includes a maintenance management tool that allows property managers to track maintenance requests, schedule repairs, and communicate with contractors. This feature also includes work order management, vendor and contractor tracking, and mobile app integration for on-the-go maintenance requests.
Accounting and Financial Reporting: Buildium offers robust accounting and financial reporting tools that make it easy to track income and expenses, generate financial reports, and handle tax preparation. This includes budgeting, general ledger management, and integration with popular accounting software like QuickBooks.
Property Marketing: Buildium includes marketing tools that make it easy to create and publish property listings, track leads, and communicate with potential tenants. This feature includes online leasing, customizable rental applications, and property listing syndication to popular rental listing websites.
Resident Portal: Buildium provides residents with an online portal where they can access lease agreements, pay rent, and submit maintenance requests. This feature helps to streamline communication between tenants and property managers, and enhances the overall tenant experience.
Mobile App: Buildium offers a mobile app that allows property managers to access key features on-the-go. This includes maintenance request management, rent payment processing, and communication with tenants and vendors.
Overall, Buildium offers a comprehensive set of features that can help property managers and landlords save time, reduce costs, and improve the efficiency of their operations. Whether you manage a small portfolio or a large number of properties, Buildium can help you streamline your processes and enhance the tenant experience.
Is Buildium Right For You?
Whether or not Buildium is the right software for you will depend on your specific needs and the size of your portfolio. Here are some factors to consider when deciding if Buildium is right for you:
Portfolio size: Buildium is best suited for landlords and property managers with at least a few rental properties, as its features are designed to help manage multiple units. If you only have one or two rental properties, Buildium may be more than you need.
Budget: Buildium can be a bit expensive for smaller portfolios, so it’s important to consider the cost and whether it fits within your budget. However, the software’s features can help save time and money in the long run, making it a worthwhile investment for many property managers.
Property type: Buildium is designed primarily for residential properties, so if you manage commercial properties, it may not be the best fit for you.
Feature needs: Consider which features are most important to you and whether Buildium offers the tools you need to manage your properties effectively. Buildium offers a comprehensive set of features, but if you require specialized features that are not available, you may need to look for a different software solution.
Customer support: Buildium is known for its excellent customer support, so if this is an important factor for you, it may be a good choice.
Ultimately, whether or not Buildium is right for you will depend on your specific needs and the size of your portfolio. However, if you manage multiple rental properties and are looking for a software solution that can help you streamline your operations and enhance the tenant experience, Buildium is definitely worth considering.
