PayProp

PayProp

Humanstate
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About

PayProp is an automated transactional platform for real estate agents that is both easier to use and more powerful than existing solutions offered by banks and traditional software vendors. We hit upon the idea of PayProp in 2004 when confronted with the complexity, fragmentation and lack of trust surrounding payments in the residential rental market. Building on GivenGain’s processing platform, we delivered a solution that automatically and securely collects payments from tenants and seamlessly pays all property owners, third parties and agents’ commissions – directly into their bank accounts. PayProp eliminates inefficiencies in back-office operations, lowers administrative costs per transaction and applies leading technologies to automate entire process cycles. PayProp’s advanced technology enables property managers to collect and make fully reconciled payments.

About

For stress-free rental property management, turn to RentPost! Simple and user-friendly, RentPost helps property managers and landlords manage various rental property related tasks such as rent collection, work orders, contact management, accounting, tenant management, and unit management. This cloud-based property management software also provides information regarding payment status and pending cases that require action from the owner’s end as well as incorporates a news feed that allows property managers and their staff to see business updates in a real-time.

Platforms Supported

Windows
Mac
Linux
Cloud
On-Premises
iPhone
iPad
Android
Chromebook

Platforms Supported

Windows
Mac
Linux
Cloud
On-Premises
iPhone
iPad
Android
Chromebook

Audience

Rent collection, accounting and banking platform for property managers

Audience

Supports different types of managers, from landlords with a dozen single-family homes to property owners with thousands of apartments.

Support

Phone Support
24/7 Live Support
Online

Support

Phone Support
24/7 Live Support
Online

API

Offers API

API

Offers API

Screenshots and Videos

Screenshots and Videos

Pricing

No information available.
Free Version
Free Trial

Pricing

$29.00/month
Offers 30-day free trial. Pricing starts at $29 to $249 a month, based on the number of units.
Free Version
Free Trial

Reviews/Ratings

Overall 0.0 / 5
ease 0.0 / 5
features 0.0 / 5
design 0.0 / 5
support 0.0 / 5

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Reviews/Ratings

Overall 4.8 / 5
ease 4.8 / 5
features 4.4 / 5
design 4.3 / 5
support 4.6 / 5

Pros & Cons from Real Users

Pros

  • The expense tracking tools are straightforward and let me attach receipts right where they belong, which saves so much time. Work order and maintenance management keeps every tenant request linked to the right property and automatically updates the status as things get done, so nothing falls through the cracks. Everything is connected, and I can see the full picture of expenses and tasks in a single view.
  • 1. Double-entry ledger and chart of accounts are set up out of the box, so I don’t have to spend hours setting up categories. 2. Reconciling accounts and tracking income/expenses for multiple properties is way simpler now. 3. Generating financial statements for owners is painless, which keeps everyone happy.
  • 1. Unlimited support and training meant figuring out the system didn’t feel overwhelming. 2. Data import support made moving everything from my old setup way easier than I expected. 3. The team is patient and genuinely helpful even when I stumble.
  • Lease applications and leasing management are surprisingly smooth. Accounts receivable and payable are easy to reconcile, which saves a ton of time every month. I don’t have to double-check payments across multiple systems anymore. Also, Receivables and payables are neatly tracked in one place. Hella convenient
  • 1. $29/month + $1/unit? My 20-unit portfolio pays less than my Netflix sub times 10 lol 2. No BS upsells, which is a huge win in my book. I get unlimited tenants, owners, even basic API hooks included. AMAZING 3. Recurring fees for amenities (pool, laundry) auto-post, making tenants pay faster than ever. This is the best I've seen

Cons

  • A few maintenance workflows could use more customization to fit unique properties, and while the mobile version is handy, I still prefer the desktop version for larger batches of tasks.
  • The learning curve was a little steep at first if you’re not used to accounting jargon.
  • 1. Responses can sometimes take a bit longer during peak hours. 2. Training sessions feel a little packed, so it’s easy to miss small details.
  • It's such a great PMS but why doesn't it have an app yet? Feels like a huge dealbreaker at times
  • Reporting exports could use more pivot table options for tax season nerds. No native Zelle integration yet, that was a bit sad

Training

Documentation
Webinars
Live Online
In Person

Training

Documentation
Webinars
Live Online
In Person

Company Information

Humanstate
Founded: 2004
United Kingdom
www.payprop.com

Company Information

RentPost
Founded: 2009
United States
www.rentpost.com

Alternatives

Alternatives

PayYourRent.com

PayYourRent.com

PayYourRent

Categories

Categories

Real Estate Property Management Features

Billing & Invoicing
Commercial Properties
Contact Management
Credit Check
Expense Management
Insurance Management
Landlord Database
Late Fee Calculation
Lease Management
Maintenance Management
Owner Portal
Payment Processing
Portfolio Management
Rent Tracking
Residential Properties
Tax Management
Tenant Database
Tenant Portal
Vacancy Tracking
Website Management

Rental Property Management Features

Credit Check
Expense Management
Online Payments
Owner Portal
Tax Management
Tenant Management
Tenant Portal
Tenant Screening
Vacancy Tracking
Website Management

Lease Management Features

Billing & Invoicing
Commercial Leases
Contact Management
Landlord Database
Lease Classification
Portfolio Management
Property Management
Residential Leases
Retail Leases
Sublease Management
Tenant Database

Trust Accounting Features

Accrual Accounting
Activity Tracking
Asset Gain & Loss Reporting
Check Writing
Compliance Management
Cross Ledger Posting
Customer Statements
Fee Calculation & Posting
Receipt Management
Tax Management

Real Estate Property Management Features

Billing & Invoicing
Commercial Properties
Contact Management
Credit Check
Expense Management
Insurance Management
Landlord Database
Late Fee Calculation
Lease Management
Maintenance Management
Owner Portal
Payment Processing
Portfolio Management
Rent Tracking
Residential Properties
Tax Management
Tenant Database
Tenant Portal
Vacancy Tracking
Website Management

Rental Property Management Features

Credit Check
Expense Management
Online Payments
Owner Portal
Tax Management
Tenant Management
Tenant Portal
Tenant Screening
Vacancy Tracking
Website Management

Integrations

Google Contacts
Mailchimp
Property Inspect

Integrations

Google Contacts
Mailchimp
Property Inspect
Claim PayProp and update features and information
Claim PayProp and update features and information
Claim RentPost and update features and information
Claim RentPost and update features and information