The BEST Property Management Software for Short Term Rentals | Top 5 Property Management Services

Managing multiple properties can be difficult. You need to be super organised or have a team helping you to manage them all. Taking the time to find the right property management software for you and your team is essential in creating a streamlined process. With the opportunity to cut costs in other areas, but still provide a 5 star service, property managers can take the stress away from themselves and their team by investing in a good property management software. In this blog post we have listed some of the best property management software.

Navigate this article

• What is property management software?
• Landlord Vision
• Arthur
• Resooma
• Guesty
• Hostaway

What is property management software?

Property management software is a product designed to make the lives of landlords, property managers and letting agents easier. It can automate and streamline various aspects of their property portfolio, allowing them to focus on other areas, such as maintenance issues.

Property management software can cover tenant and lease tracking, financial and maintenance management, rent collection and more. Using a property management software can help relieve the stresses and pressure on your team, and most softwares are cloud based, making it easier than ever to track all the data.

There are many property management services out there, but below we have listed the ones we think are some of the best!

Landlord Vision

Landlord Vision is a great property management software for those with small to medium sized portfolios. Some of the features that Landlord Vision offers are tools for managing tenancies and maintenance issues. It’s great for UK residents as it integrates with UK-specific banking and tax systems. They also offer variations of the product. They have a specific version for Buy to Let properties, HMO properties, student housing and more. There are three packages available. Starter includes 5 tenancies for £19.97 a month. Standard allows for 10 tenancies, for £29.97 a month, and their premium account offers access for 15 tenancies for £39.97 a month.

Arthur

Arthur is an award winning property management software and is widely popular within the property industry. It integrates with many other apps, such as Fixflo, for maintenance issues, and Xero for accounting. They provide full management services for letting agents and self-managing landlords. Through Arthur, you can find and communicate with tenants, automate day-to-day operations and handle compliance obligations, such as storing tenancy deposits. They also offer three tiers for pricing, however their standard price is £67.50 a month, and their enterprise package jumps up to £122.50 a month.

Resooma

Resooma offers a slightly more niche property management software system compared to the previous ones we’ve listed. Resooma allows property managers, landlords and letting agents combine all of the utility bills from across their entire portfolio, and condense it down into one single, monthly payment.

Resooma will also install smart meters for free so you never have to request monthly meter readings ever again. One things tenants and guests of short-term lets often complain about is the WiFi connection. Resooma will install WiFi mesh to help strengthen the signal, to help keep people connected to the internet. If you are looking to acquire more properties into your portfolio, they will also send out a WiFi engineer to survey the property for you, to reduce the risk of future WiFi issues. By doing all this, Resooma helps to remove any stress that is associated with having to travel to the properties, collect paper bills and monthly meter readings. Instead, you can focus on the things that really matter, your tenants/guests.

Guesty

For property managers who oversee a large short-term rental portfolio, we suggest Guesty. Guesty features a comprehensive set of tools for automating guest communication, management of bookings and handling maintenance tasks. They also support bookings from multiple channels, like Booking.com and AirBnB, making the organisation of your properties, easier. They have one unified inbox system, so you don’t need to constantly log into external booking sites. Set up automated routine tasks like guest communication and pricing, easily with their automation tools.

Hostaway

Hostaway is another great option for short-term rental property management software. Similarly to Guesty, Hostaway offers tools to automate bookings and guest communications. You can also synchronise calendars across platforms, making it easier to manage. Hostaway offers accounting features, detailed reports and it integrates with other channels for marketing purposes. Hostaway is the perfect option for property managers who need a software that can integrate with multiple other channels, and has a strong automation feature.

So whether you’re a landlord with 5 properties, or a property manager who oversees 100 properties, we hope this breakdown of the best property management softwares has helped you.