Property management software is a necessity for any property owner, property manager, or property management company to stand a chance in a real estate industry.
It's a simple solution, but finding the best property management software for your business can be a challenge.
That's why we created this guide, which offers Property Vista reviews for the software's pricing, features, and even an alternative, just in case it isn't quite what you're looking for.
Can Property Vista turn your time-consuming manual processes into automated tasks that you barely need to think about?
Will Property Vista enhance your business value by improving the tenant experience and providing you with the necessary tools to efficiently manage your investments?
Is Property Vista a good company with a high overall rating of customer reviews, showing that the software and support team satisfy users?
Is Property Vista built to serve your business for a very long time, even as you accrue new units in the long term?
We'll go over it all and more in this blog post so that you can make the most informed decision possible and ultimately select the best property management software for you, your property owners, your property managers, your tenants, and other users.
What Is Property Vista Property Management Software?
Property Vista is a Canadian property management software built for any property manager who manages multi-family residential housing or student housing.
It offers many of the features that property managers and management companies typically need out of a property management software:
- Accounting
- Rent collection
- Tenant portal
- Marketing and leasing tools
- Maintenance request management
We'll go into the specifics for each of these features in the next section.
As we do, keep in mind what your needs are. What are you looking to get out of a property management software, and how far do those features need to go for you in order to increase business efficiency, satisfy your residents, and reap the benefits of adopting technology in your property management business?
No single software is a total one-size-fits-all solution, and the suitability for your business depends on your specific business needs.
With that said, let's take a look at Property Vista's features.
Property Vista Software Features
In this section, we'll do a deep dive into each of Property Vista's key features based on information available on the company's site. We'll highlight both the pros and cons of them as well so that you can get a full scope of what the software has to offer.
Accounting
Accounting is one of the most tedious and time-consuming aspects of property management, so having an efficient all-in-one system that handles most of it for you is a boon for any real estate investor or property manager.
Thankfully, Property Vista offers a centralized accounting solution that considers the needs of property management businesses:
- Rent payments
- Owner disbursements
- Purchase orders
- Accounts receivable
- Accounts payable
- Property valuation
- Reporting
Property Vista has a wealth of reporting tools in particular so that you can gain the insights you need to make informed decisions about your company or investment. You can generate balance sheets, profit-loss statements, transaction reports, rental reports, and accounts payable and receivable reports.
Rent Collection
With Property Vista, you can collect online payments from your tenants for not only rent but also other fees that are relevant to your lease agreement.
Marketing Tools
Property Vista offers great marketing (and leasing) tools to its users. Its marketing solutions include a means to promote your vacant listings online through the Internet Listing Service.
Additionally, users can create a website for marketing their listings through Property Vista. From there, prospects can submit online applications for your rentals. You can sign these electronically.
With LeadManaging, you can track calls via phone, email, and SMS as well so that you can stay on top of leads and keep track of KPIs.
Tenant Portal
Property managers can communicate with their residents through Property Vista's tenant portal. Using the portal, they can send announcements to all their tenants, track rent payments, and accept maintenance requests.
Maintenance Request Management
On the note of maintenance requests, Property Vista does offer a maintenance management system. However, it's done through a separate tool altogether, which can be inconvenient or complicated if you're looking to have everything on a single cloud-based software.
Property Vista handles its maintenance request management through its Inspector App. There, you can obtain and manage the requests themselves as well as receive real-time status updates.
You can also use the Inspector App to document reports from inspections and share information with your tenants so that you're on the same page.
Property Vista Pricing
While Property Vista has strong features, those tools come at a high cost, especially if you're a small landlord or property management company.
Property Vista has two pricing plans: Essential ($1.50 per unit per month) and Premium ($2.50 per unit per month). Both of these plans are billed annually, and both of these plans require a minimum portfolio size of 500 units.
The Essential plan Property Vista offers includes marketing, leasing, rental applications, a tenant portal, and some other features. Unfortunately, it does not include accounting and work orders, which are a necessity for most landlords, property managers, and property management customers.
If you want access to those typically basic features, you'll have to upgrade to the Premium plan and pay more for Property Vista.
Property Vista Alternative: DoorLoop
If Property Vista doesn't quite make the cut for you, you want to avoid costly or complicated solutions, or you simply want to consider alternatives to make a comparison and informed decision, then we'd like to draw your attention to DoorLoop.
DoorLoop is user friendly, affordable, and a good company. That's why it has excellent reviews from customers and is even a certified Great Place to Work. Because of that, its team truly delivers to its users with its expertise and efficient support.
DoorLoop Canadian Property Management Software Features
DoorLoop's founders are property managers and investors themselves. For a very long time, they were looking for companies that made property management software that could truly help them. In the end, they made their own.
This means that DoorLoop is built from the ground up with the needs of the modern property manager in mind.
DoorLoop has some of the most up-to-date features and security in the industry. Here's a list of just some of them:
- Accounting and bookkeeping
- Tenant screening
- Rent collection
- Tenant portal
- Owner portal
- Maintenance request management
- Rental applications
- eSignature
- Secure file storage
- Marketing tools
- Custom website
Note how these features include many of the same ones Property Vista offers, and then some.
The best part is that these features are truly offered on a single platform. There's no need to download additional apps to reap their benefits, thus cutting costs, improving accessibility and communication, giving you easy control over your business, and saving you a significant amount of money.
On top of that, DoorLoop is a cloud-based property management platform, so you can use it on any device, no matter where you are.
Additionally, if you ever need templates or other resources for your property management company, DoorLoop's website supplies them all at no charge to you.
DoorLoop Pricing
DoorLoop offers multiple different pricing plans so that you can select a property management software that's tailored to your needs.
It starts at $59 per month for your first 20 units. The price only increases for each additional batch of 20 units (or for more advanced software features), giving property managers lots of space to grow their business and have their property management software seamlessly and inexpensively grow with them.
Even with the most basic plan, you can get everything that you need to manage your properties, such as accounting, customer relationship management (CRM) tools, maintenance request management, tenant screening, a tenant portal, and eSignature. If you decide you want even more than the basics, you can, of course, upgrade.
You can also check DoorLoop out without paying any money whatsoever. Just schedule a free demo to get a firsthand example of how this property management system can help you manage your apartments or other properties.
Bottom Line
In the end, the best property management software for you is the one that gives you access to the features you need, from reporting and lease management to maintenance requests and accounting.
As you make your decision, be sure to check out DoorLoop and Property Vista reviews. Also make sure that your chosen software has more pros than cons for your business.
Review each software's overall rating and what the real estate community has to say about it.
And if you want to take a look at how a property management system can help your business, schedule a free demo with DoorLoop today!