I am tracking toward possibly moving my 43 property management accounts to my own entity. I should have my broker's license by December. I am researching online systems such as Appfolio, Buildium, Propertyware, etc. My company uses Promas currently. I can see having 80-100 accounts within 3 years or so.
3/4+ of my business is in the northeast part of Virginia Beach. My average rent price is around $1,800/month. I am fortunate to have great tenants overall. I have had to pursue rents via the courthouse only 2 times in 14 years, the last being 8 years ago.
I wish to have an EFT system for rent payments, owner access to monthly/yearly reports, and an online application process. Cost effectiveness and ease of use are desirable of course.
Thanks for any insight you can give. -Mark
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