Buildium is a premier web-based property management software best suited for residential properties and associations. Whether your portfolio is small and homogenous, or large and diverse, Buildium gracefully simplifies the property management experience.
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One of the great accomplishments by Buildium is a simplified menu made up of five primary options in which they have creatively inserted links to common tasks in logical places on the home page. Thus, you can access all the important tasks you need without dealing with a cluttered and overbearing menu system.
Abundance of features:
Buildium includes the majority of accounting, reporting, and management features in their system, and they seamlessly integrate with other services provided by outside organizations. For example, running a credit check on prospective tenants is part of the rental application screen and can be easily utilized at your discretion. They also have a mobile application that enables you to edit and view tenant and property information, use mapping capabilities, and access the full Buildium website.
Enhanced photo upload tool:
Buildium used to limit the number of photos you could upload to four per property and forced you to use a Flash-based upload tool that many users were frustrated with. However, Buildium recently updated the uploading resources and you can now upload multiple photos at the same time. In addition, you are no longer limited to just four images per property. All the photos you upload appear in your public listings, giving you the ability to showcase your properties as you please and fill your rental units faster.
Many of the processes in Buildium are broken down into individual steps. For example, entering a bill is broken down into two clearly defined parts. This feature is nice as it provides a way for the user to know if every input in a task is completed correctly. Buildium goes a step further by briefly showing a banner across the top of the screen that clearly specifies the task was completed.
Following your first login, Buildium offers a video tutorial of basic tasks. In the bottom corner, there is a menu of shortcuts to common tasks. In addition, Buildium has a very thorough user manual that includes a section of recommendations and screenshots intended to help people get started. They also offer the FastStart Training Series, which is a set of 30-minute videos that focus on various aspects of the software.
Buildium can be used just as successfully for managing residential and commercial properties, as well as associations. This will especially benefit large companies that manage a diverse array of properties since they can use just one software program for all their needs.
The main dashboard presents high-level information on units, leases, rental applications, and outstanding balances, as well as lists of upcoming tasks and recent activity. Overall, it looks clean and grants you quick access to various parts of the system, but if a highly customizable, widget-heavy dashboard is important to you, Buildium may not be the right fit.
Limited reporting functionality:
Buildium has the ability to generate dozens of reports, but customization is limited and there is no internal report viewer. After a report is generated, it must be downloaded and exported as PDF, XLS, or CSV files.
Monthly Minimum Fee
Price - Commerical Property
Price - Residential Property
Accrual Accounting - The software supports accrual-based accounting methods.
Balance Sheet - The software includes balance sheet functionality.
Bank Account Reconciliation - You can reconcile account data with the bank.
Cash Accounting - The software supports cash-based accounting methods.
Cash Flow Statements - The software includes cash flow statements.
Custom Fields - You can create custom fields in accounting tools.
General Ledger - The software includes general ledger functionality.
Income Statement - The software includes income statement functionality.
Invoices - You can create invoices.
Payables - The software keeps track of payables.
Property Budgeting - You can create budgets for individual properties.
Receivables - The software keeps track of receivables.
Transfer Funds - You can transfer funds between properties.
Bill Entry - You can create one-time or recurring bills.
Check Writing - You can write and print checks.
Electronic Payments - You can make payments to owners electronically through ACH.
Email Writing - You can send personalized messages to tenants or owners.
Generate Receipts - You can generate receipts.
Global Search - You can perform a global search on all content.
Letter Writing - You can create and print personalized notices, announcements, and updates.
Modify Rent Amounts - You can apply discounts or modify rent amount.
Multiple User Support - The software allows multiple users access at the same time.
Paperless Work Orders - You can create single or recurring work orders.
Pay Bills - You can pay bills through the software.
Prospect Tracking - You can track potential tenants throughout the application process.
Reminders - You can set reminders.
Role-Based Security - You can limit user permissions.
Secure File Storage - You can securely store your files online.
Tenant History - You can view previous tenant payments, charges, balances, and more.
Tenant Screening - Credit - You can screen tenants according to credit score.
Tenant Screening - Criminal Record - You can screen tenants according to criminal record.
Tenant Screening - Rental History - You can screen tenants according to rental history.
Unit Templates - You can establish templates for a particular unit type.
Unlimited Users - The software has no limit to the number of users.
Debt Collection - You can initiate the debt collection process within the software.
Move In/Move Out Workflow - You can keep track of tasks associated with moving in/out.
Ratio Utility Billing - You can assign utility bill amounts based upon unit consumption.
Rentable Items - You can manage rentable items (i.e. parking spaces, storages sheds, etc.).
Schedule Showings - You can schedule property showings.
Tenant Liability Insurance - You can instantly enroll tenants in a basic tenant liability insurance program.
Associations - The software has a version or functionality specifically designed to manage associations.
Multi-Unit - The software has a version or functionality specifically designed to manage multi-unit properties.
Residential Property - The software has a version or functionality specifically designed to manage residential properties.
Single Family - The software has a version or functionality specifically designed to manage single-family properties.
Commercial Property - The software has a version or functionality specifically designed to manage commercial properties.
Check Balance - Tenants can check their balance online.
Online Payments - Tenants can pay their rent online.
Online Rental Application - Tenants have online access to the rental application.
Payment through ACH - Tenant can pay rent through ACH.
Payment with Debit/Credit Card - Tenant can pay rent with a credit or debit card.
Renew Lease - Tenants can renew their lease online.
Submit Work Order - Tenants can submit a work order.
Tenant Portal - A tenant portal exists.
View Lease - Tenants can view their lease information online.
Digital Signature - Tenants can sign leases with a digital signautre.
Apple Safari - The software is compatible with Apple Safari.
Google Chrome - The software is compatible with Google Chrome.
Internet Explorer - The software is compatible with Internet Explorer 7.0 or higher.
Mozilla Firefox - The software is compatible with Mozilla Firefox.
Data Backup - Data is backed up on a regular basis.
Data Import - You can import existing data into the software.
Data Storage - Data is stored in a secure data center.
Export to CSV - You can export files to CSV format.
Export to Excel - You can export files to Excel.
Export to PDF - You can export files to PDF format.
Export to XML - You can export files to XML.
Export to Quickbooks - You can export files into Quickbooks.
Blog - The company has a blog with product information.
FAQs - Answers to Frequently Asked Questions are available.
Forum - A forum addressing user problems is available.
Help Articles - A set of detailed help articles is available.
User Guides - A user guide is available.
Video Tutorials - Video tutorials are available.
Webinars - Webinars are provided by the company.
Post Vacancy Ads - You can post vacancy ads to selected websites.
Prospect Tracking - You can track potential tenants throughout the application process.
Vacant Property - Potential tenants can view available properties.
Website - The company provides the resources to set up a property management website (which they host).
Search Engine Optimization - The company provides search engine optimization services for your website.
Web Analytics - The company provides Web Analytics.
Email Writing - Owners can send email announcements.
Owner Portal - An owner portal exists.
Owner Reports - Owners have online access to reports.
Owner Statements - Owners have online access to statements.
Accounts Payable - You can generate an accounts payable report.
Budget Reports - You can generate a budget report.
Delinquency Reports - You can generate delinquency reports.
E-File Tax Reports - You can e-file tax reports.
Lease Expiration - You can generate lease expiration reports.
Rent Roll - You can generate a rent roll report
Unit Status - You can generate unit status reports.
Vacancy Reports - You can generate vacancy reports.
Custom Reports - You can generate custom reports.
24/7 - Support is available 24/7.
Email/Tickets - The company has an email or ticket system dedicated to support.
Live Chat - The company offers live chat support.
Phone - The company has a phone number listed on their webiste.
Remote Training - The company offers remote training.
Social Media - The company has active social media accounts where you can post questions or comments.
On-Site Training - The company offers on-site training.
Android App - You can download a native Android application of the software.
Check Unit Availability - You can check unit availability through the mobile device.
Contact Information - You can access resident, owner, property, unit and vendor records from your mobile device.
Data Synchronized - Data is automatically synchronized.
Image Upload - You can take photos and upload them to the website or property file.
iPhone App - You can download a native iPhone application of the software.
Mobile Website - You can access a dedicated mobile version of the website on your smartphone.
Notes - You can enter notes.
Work Orders - You can generate/view/edit work orders from your mobile device.
Buildium pricing starts at $1/unit/month, with volume discounts beginning at 100 units. Buildium is very scalable and can handle large and diverse portfolios, but small property management companies will appreciate the low $25/month minimum fee. Experimenting with the 15-day free trial will give you a good opportunity to see what Buildium has to offer.
$25/month1 - 25 units
$50/month26 - 50 units
$75/month51 - 100 units
$125/month101 - 200 units
$175/month201 - 300 units
$225/month301 - 400 units
Contact Buildium400+ units
Online Tenant and Owner EFT Payments
$99 One-Time Setup Fee
$0.50 Per Transaction
Online Tenant Credit Card Payments
2.5% Per Transaction + $0.25 fee for daily funds
Integrated Tenant Screening
$11.99 Per Applicant
1099 Electronic Filing
$24.99 Per Batch + $1.59 to $2.48 Per Form for Mailing
Remote Check Printing
$30 One-Time Setup Fee
$0.80 Per Check (postage included)
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