Buildium vs. Visual Lease

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
Buildium
Score 9.0 out of 10
N/A
Buildium is a cloud-based property management solution that enables managers of residential and association properties to take complete control of every aspect of their business, including the rent, vacancy and maintenance cycles. According to the vendor, Buildium streamlines management of the rent cycle with key features such as tenant and lease tracking, full general ledger accounting, automated rent and late fee reminders and on-demand reports. Additionally, rent collection can be…
$55
per month
Visual Lease
Score 8.5 out of 10
N/A
Visual Lease is a Lease Management Software that provides lease accounting functionality with lease administration functionality to manage a company's lease portfolio.N/A
Pricing
BuildiumVisual Lease
Editions & Modules
Essential
$55
per month
Growth
$174
per month
Premium
$375
per month
No answers on this topic
Offerings
Pricing Offerings
BuildiumVisual Lease
Free Trial
YesNo
Free/Freemium Version
NoNo
Premium Consulting/Integration Services
NoNo
Entry-level Setup FeeOptionalNo setup fee
Additional DetailsAll plans include accounting, maintenance, tasks, violations, online portals and resident & board member communications for your residents, board members, and owners.
More Pricing Information
Best Alternatives
BuildiumVisual Lease
Small Businesses
Dotloop
Dotloop
Score 9.5 out of 10
Yardi Voyager
Yardi Voyager
Score 7.7 out of 10
Medium-sized Companies
Condo Control
Condo Control
Score 9.0 out of 10
Yardi Voyager
Yardi Voyager
Score 7.7 out of 10
Enterprises
Accruent Lucernex
Accruent Lucernex
Score 7.9 out of 10
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Score 7.9 out of 10
All AlternativesView all alternativesView all alternatives
User Ratings
BuildiumVisual Lease
Likelihood to Recommend
8.3
(9 ratings)
8.3
(3 ratings)
Likelihood to Renew
10.0
(1 ratings)
-
(0 ratings)
Usability
10.0
(1 ratings)
7.3
(3 ratings)
Support Rating
10.0
(1 ratings)
6.6
(3 ratings)
Implementation Rating
5.0
(1 ratings)
-
(0 ratings)
User Testimonials
BuildiumVisual Lease
Likelihood to Recommend
Buildium
For larger communities, Buildium doesn’t have the accounting capabilities you need. Anything up to 100 units is easily managed and works well.
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Visual Lease
Visual Lease is well suited for companies that are trying to manage their leases in a more automated way other then spreadsheet. A company that needs visibility around their leases and wants to stay in compliance with the ever changing world of accounting. A company that wants a software that can integrate with their ERP and make routine monthly accounting entries.
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Pros
Buildium
  • We use the task flow to ensure good communication with tenants and owners.
  • The accounting matches our standards for certifications.
  • Tenant portal allows them to set up auto pay and sends payment reminders.
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Visual Lease
  • Generates abstract reports
  • Allows us to include lessor's leases
  • Fairly user friendly
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Cons
Buildium
  • Buildium has done a great job over the last decade of developing software to keep pace with industry standards.
  • Buildium has room for improvement with the use of artificial intelligence to make repetitive processes more automated.
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Visual Lease
  • So far, this has worked out extremely well for our governmental environment.
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Likelihood to Renew
Buildium
I have used three property management softwares and know of others who have used additional softwares for managing properties. Buildium seems to be the best of all of them
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Visual Lease
No answers on this topic
Usability
Buildium
Once trained, I find that its usability is quite easy and comprehensive. If working on something I am less familiar with, I find that I can usually find the solution pretty quickly
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Visual Lease
Visual Lease has been really helpful to our company and we haven't had any issues
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Support Rating
Buildium
I have been able to get through to support immediately and they have been awesome in quickly resolving issues. More importantly, their communication when there is an issue which might take some time to resolve surfaces. Getting updates and resolution are critical.
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Visual Lease
Visual Lease support was not too impressive to me because when I reached out to ask about the XXX codes in the journal entries, they did not seem concerned. They just said they were default accounts, but I did not know what I was supposed to do with them since we did not have these accounts. Also, when I asked about API integration, I could not get a good response on how to get Visual Lease to be connected with Intacct.
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Implementation Rating
Buildium
I cannot rate this since I was not part of that process
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Visual Lease
No answers on this topic
Alternatives Considered
Buildium
Appfolio is my favorite software, and they are constantly making improvements. Buildium is great if you don’t have a ton of property but is not as manageable for advanced accounting and resident information tracking. There are workarounds, but they do need to work on their ease of use for owners.
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Visual Lease
We also evaluated Lease Accelerator and Lease Query. We didn't go with Lease Accelerator because it didn't have lessor leases. We did not go with Lease Query because they did not have abstract reports.
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Return on Investment
Buildium
  • Eliminates processing paperwork, resulting in less paper and staff time and effort.
  • Eliminates payments via check, and the need to go to the bank along with processing fees.
  • Payments are more prompt due to options and communications.
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Visual Lease
  • This has been extremely important in compiling all of the many leases that we have going on throughout different years and timelines.
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ScreenShots

Buildium Screenshots

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