I recently purchased my 2nd rental and want some software to help me manage them both. Since I already use Quicken, I upgraded to Rental Property Manager (RPM). Boy am I disappointed. It can't even tell me who owes what rent....
I've tried buildium and propertyware. I am not impressed with either. They seemed geared toward large multi-unit complexes and can't even download my finance transactions automatically. I have to enter each one manually. Right now I am using acturent (at <$6/month) because it allows my tenants to pay online, gives me a website and handles things like applications and maintenance requests. There is other software out there, but they all seem cost prohibitive.
What I am looking for is software that will do what acturent does with website hosting, and application tracking and maintenance request tracking but that will also track finances like Quicken does (okay, I really don't need it that sophisticated, if it can do like Mint.com I will be good to go).
I am about to get really frustrated and just use Excel and do it by hand...the thing is I want to by another property and I know if I continue to grow this business beyond half a dozen or so it will just not be realistic to do it by hand unless I quit my day job to keep the books. Should I ditch Quicken for Quickbooks? I just can't justify paying for both, and I am kinda addicted to Quicken although I suppose I could switch to Mint since its free (plus, every time I upgrade Quicken breaks something and it annoys me).
What do you all use?