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Buildium Review

By Business.com Editorial StaffLast Modified: December 18, 2017

Buildium is online property management software that is designed for managing hundreds or thousands of rental units. Buildium has three editions: Landlord Edition for owners, Association Edition for HOA board members and Property Manager Edition for professional property managers. Buildium is easy to use and offers a powerful feature set. Buildium supports international features such as time-zone specification by account and a selection during setup that determines the display and entry formats for times and currencies.

Buildium uploads vacancies with pictures in HTML to client websites and Craigslist. Prospects can search, make inquiries, apply online and pay the application fee electronically. You also receive a notification when an online application is received. Tenant screening by TransUnion is also integrated with the product.

Buildium
Buildium
Best Property Management
The Verdict
Buildium is one of the few property management software solutions that supports international features, and you can transmit announcements through the tenant portal. However, it doesn't integrate with QuickBooks, so you have to use the program's accounting features or keep your books separately.
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This property management software supports a resident website that accepts one-time or recurring electronic rental payments. Tenants can also submit maintenance requests online and download leases and other documents. You can communicate with tenants using the product's built-in word processor or post notices and announcements to the resident website.

Unlimited users can access the online property management website. Each user can receive a specific level of access based on his or her role. Owners can maintain their contact information online and access financial reports. Since the product supports the uploading of documents, you can offer a variety of files for owners to view online.

The extensive Service Magic directory of local vendors and contractors is integrated with Buildium so you can search for vendors without leaving the application. Maintenance workers have access to work orders online. You can receive maintenance requests, generate and schedule work orders, and assign orders to vendors. This rental property management software maintains repair and maintenance records.

When using this property service, you can maintain separate books for all properties and manage multiple portfolios for different owners and investors. The product tracks income as payments are received. Bank account reconciliation is a supported feature. Key financial reports are available by property as well as consolidated financials for a portfolio of properties.

It can automatically charge late fees and you can view a delinquency report. When a lease is about to expire, the manager receives a notification from the system. You can issue credits and refunds, post late fees and email payment reminders. You can also automatically reverse payments and assess NSF fees.

Buildium includes a complete online property management accounting system that supports reporting on a cash or accrual basis for reports such as accounts payable, accounts receivable, general ledger and much more. This property manager software doesn't support QuickBooks synchronization, but the idea is you won't need it because of the application's built-in accounting features. Check printing in a variety of formats is supported on blank or preprinted stock.

You can record management fees you are owed from owners by configuring fee policies. Although the product is not integrated with a debt-collection service, you can send owners an unpaid bill report along with a detailed income statement.

Online support from within the Buildium account is included for all customers. Telephone support is included if you manage 66 units or more. Custom training sessions are available as well as training videos online. Buildium hosts an interactive blog, and they are on Facebook and Twitter.

Buildium offers a solid set of features and technical support that keeps you equipped for a variety of situations. It's one of the best property management software solutions if you want a simple solution to help manage your properties.

Buildium
Buildium
Best Property Management
The Verdict
Buildium is one of the few property management software solutions that supports international features, and you can transmit announcements through the tenant portal. However, it doesn't integrate with QuickBooks, so you have to use the program's accounting features or keep your books separately.
Visit Site
Ready to choose your Best Property Management? Here's a breakdown of our complete coverage:
Business.com Editorial Staff
Business.com is a community of more than 150,000 small business experts and business owners. Ask a question, get great advice and put our tools to work for you.
Buildium
Best Property Management
The Verdict
Buildium is one of the few property management software solutions that supports international features, and you can transmit announcements through the tenant portal. However, it doesn't integrate with QuickBooks, so you have to use the program's accounting features or keep your books separately.
Visit Site

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