Buildium is great for small properties
I use Buildium to manage the day-to-day details of a small property management company. I pay bills, record resident transactions and work …
Buildium
Buildium
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What is Buildium?
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…
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- Setup fee optional
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- Free/Freemium Version
- Premium Consulting / Integration Services
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Product Details
What is Buildium?
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 automated; and property managers can receive online payments via Buildium’s tenant portal.
Management of the vacancy cycle begins with syndicating vacancies to Buildium’s listing partners, including Zillow, Trulia and Craigslist, as well as Buildium’s own free marketing website. When applicants fill out Buildium’s customizable online rental applications, the information is saved instantly to the Buildium tenant database. Buildium also offers online tenant screening services for running background checks.
Tenants and rental owners can submit requests online via Buildium’s tenant and owner portals. Property managers can turn these requests into work items and assign them to maintenance managers and staff using Buildium or Buildium’s mobile app. All requests are timestamped and include an option to attach photos.
Buildium’s tiered-pricing plans do not require a start-up fee or annual contract. A monthly subscription includes 24/7 support from a customer care team.
Buildium Features
- Supported: Property Accounting
- Supported: Company Financials
- Supported: Online Payments
- Supported: 1099 eFiling
- Supported: Resident Portal
- Supported: Cloud document storage
- Supported: Owner Portal
- Supported: Maintenance request tracking
- Supported: Property inspections
- Supported: Renters insurance
- Supported: Professional website and rental listing syndication
- Supported: Rental applications and tenant screening
- Supported: eLeasing
Buildium Screenshots
Buildium Downloadables
Buildium Integrations
Buildium Competitors
- AppFolio Property Manager
- Yardi Voyager
- PropertyWare
Buildium Technical Details
| Deployment Types | SaaS |
|---|---|
| Operating Systems | Unspecified |
| Mobile Application | Apple iOS, Android, Mobile Web |
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Reviews and Ratings
 (12)
Reviews
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June 06, 2022
Buildium is great for small properties
I use Buildium to manage the day-to-day details of a small property management company. I pay bills, record resident transactions and work orders, and track expenses and project planning. We manage 76 units total, and for a property of this size, Buildium is both easy to use and affordable.
- Bill pay
- Expense tracking
- Lead generation
- Work order flow is not intuitive
- Website is sometimes troublesome
- Customer service leaves A LOT to be desired
May 05, 2022
Buildium in a Nut Shell
We use Buildium for our Property Management Software. All leasing, tenant, and owner relations as well as financials are run through Buildium. We process applications, create leases, move tenants in, accept rent payments, payout owners, and handle all maintenance requests and work orders in the system. We utilize the integrations with Lead Simple, Tenant Turner, and Happy.co to keep everything together.
- 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.
- Hello Sign has been a really rough transition and is not as user friendly as Adobe Sign.
- Customer service struggles to understand what is going on and you have to hang up and call to get someone else.
- Owner portal is lacking in my opinion.
May 05, 2022
User for 15 years and you will be too
We were an early adopter of Buildium back in 2007 when cloud-based property management was still in its infancy. Being a midsize property management company in San Diego having a cloud-based management solution that handles all of our accounting billing rent collection maintenance and other aspects of ongoing management is crucial so that all employees have remote access both at work at home and in the field.
- The leasing cycle, including marketing document preparation and signing, rent collection, and all other Lease cycle accounting.
- The maintenance cycle, including billing, invoicing, and tenant owner and Vendor communications.
- 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.
I am a property manager in our HOA division. Buildium is a valuable tool we use to efficiently and effectively manage all of our properties, from financial reports and management to maintenance issues as well as tracking violations. Buildium enables us to keep all documents we need for each community in one place for easy reference or for sharing with owners and board members.
- Financial Reports.
- Communication with residents and homeowners.
- Tracking income and expenses.
- tracking maintenance items and projects.
- I cannot think of areas for improvement at this time. Buildium customer service is very responsive to suggestions and has made improvements accordingly.
January 31, 2019
Buildium makes paying rent paperless and checkless - so easy
Used to manage rental property payments. Love that it means people don't pay by check any longer and can pay immediately on the day of. Auto notices help manage the system, and confirmations help everyone stay organized.
- It's easy to read and navigate.
- It's easy to learn and train others on, including tenants.
- Communication options are better than other options, or not having this platform.
- Updates are frequent, always valuable, and make it even easier to use.
- Back button and other navigation sometimes "sticks."
- Prints too many pages sometimes - haven't figured out why.
- Can be cost prohibitive for smaller companies.
March 01, 2018
Buildium, why I drink.
I use Buildium to manage a hundred units in 2 different states. Bulidum is used to track all financials, along with lease terms, tenants and vendors. These 100 units are split between the ownership of 5 LLCs and 8 different bank accounts. Buildium is user-friendly for basic management uses, however, this software is inefficient and difficult when attempting to communicate between the various companies. Specifically, a note between LLC A and LLC B will only register on one LLC ledger, and therefore must have 2 accts. to show the debit and credit for each company. Also, the Bills feature when paid with the Check feature, locks any information regarding the Bill, and cannot be undone, unless the transaction is un-reconciled. Also, you have to un-reconcile all months up to the desired date, meaning if you want to fix a date from May, and it is August, you have to un-reconcile July & June to get to May. It is really not as fun as it sounds. The software also poses problems with credit/deposit transfers. Crediting a tenants deposit to a different unit, will not be transferred into the security deposit liability acct. of that new unit. Overall, Builidum lacks on the financial side but is good for very basic transactions.
- It is visually pleasing.
- I am able to see the rent roll and tenants easily.
- Warnings for leases about to expire are convenient.
- The custom date range is very helpful.
- Reconciliation adjustment, please enact a password setting. Having to un-reconcile 4 months to get to the desired date is ridiculous.
- Fix the notes & loans to have communication between separate companies.
- Allow for duplicate vendors to merge.
- Give a re-send option for tenant portal use/creation.
- Allow to search by Invoice # (reference #)
- Fix the credit system, allow the transfer of deposits from one unit to be moved to another.
- When ending a lease, show the ledger adjustments as you add charges/refund deposits etc.
- Option to see duplicate transactions!!
February 16, 2017
Property Maintenance Coordinator - Software Review
I work for a residential property management company. We have been using Buildium for about the past 5 years, company-wide. Buildium allows us to communicate with other departments of the office, as well as our tenants and home owners. In our company communication is a key component in our success, as there are many different parties involved in the company, from employees, management, and clients. Buildium allows us to all stay updated, informed and in touch.
- It documents the date and time of all updates and communications, which are essential to the companys records.
- It allows external clients to communicate and stay in touch with our company, as well as access information.
- It serves as a large database for all of our customer and client information that is very user-friendly.
- The emailing feature is difficult to use.
- We are not able to update buildium directly of our communications, so we must manually input our email communications.
- We are not able to upload files larger than 12 MB.
February 16, 2017
Buildium review as the best Property Management software
Buildium is being used across the whole company. All of our client transactions, documents submitted, task management, service calls and every important detail are saved in this system.
- Day-to-day task management.
- General database management.
- Report generation.
- Automatic copying of emails to a certain task.
- Overdue task alert emails.
February 16, 2017
Managing Through Buildium, Juggling over 500 properties
Buildium is being used by every employee at Rental Advisors. We use it to track every interaction we have with our clients and tenants. It allows other to see who had contact with them last, and what is still in progress so that everyone is up to date. This helps to readily present to every member what is going on without needing to talk to every employee in person.
- Provides a forum of communication between team members.
- Tracks progress on all tasks with reminders for follow ups.
- Quick access to important documents are always available to all members rather than going through the filing room.
- If I have one task open under a property address, I am unaware of recent updates made to other tasks under the same address. A quick sidebar with recent updates for that property would really improve communications.
- If one task is open and assigned to me, I would also like a sidebar that shows the titles of other tasks I have under the same property under my name. This way I can send 1 email about all inquiries, rather than 3 emails to the same person about 3 separate subjects.
- Emailing "compose" button would be great if we could link it directly to our Gmail company server. I would like to eliminate the "copy and paste" functions for emails and titles.