Property Management Software used to be quite expensive — in some cases, hundreds of dollars per month! These days, you can definitely find a free alternative.
Services like Cozy can help you manage your rentals online, for free. With Cozy, there's no cost to you (or your residents) to collect and pay rent online. There's also no cost to you as the landlord or property manager, and your residents only pay for their screening reports when they're applying to a vacant unit.
Other services, like Buildium, are also relatively affordable for landlords and property managers — though not free. Buildium's least expensive subscription starts at $40 a month, which can make a significant dent in your margins. There are significant add-on costs, too, like the cost to process rent payments and run tenant screening reports.
Another option is patching a few different tools together to get a system that works for you. For example, you could use TransUnion's SmartMove to run your screening reports, then another service to collect rent and manage your rental applications. It can be a lot to manage and track, though.
Instead, we recommend using Cozy — it has all the features you need in property management software, without the cost, all in one place. Try it today!
