Buildium provides a robust all-in-one solution for managing residential and commercial real estate properties. Learning how to leverage key features can help property managers, landlords, and real estate agents transform cumbersome workflows. From tenant onboarding to maintenance requests and financial reporting, Buildium centralizes information to enhance property oversight.
Getting Started
The onboarding process introduces basic navigation and tools. Dashboards provide at-a-glance visibility while menu sections house details. Properties organize units, their occupants, lease terms, transactions, and associated records. Contacts track vendors, tenants, owners, and employees. Accounting encompasses budgets, invoices, statements, and payments. Reports convert data into customizable visuals. Settings control user access, custom fields, email branding, and more.
Managing Properties & Tenants
The Properties section is command central for tracking vacant and occupied units alongside tenant details like lease dates, rent charges, balances due, and security deposits. Streamline tenant onboarding by using built-in rental applications or screen candidates with external services. Digitize move-in/move-out checklists to standardize inspection processes. Buildium’s tenant portal lets occupants pay rent, submit maintenance requests, and more.
Optimizing Maintenance
Maintenance workflows present opportunities to save substantial time and money. Flag unit issues needing attention and create specific work orders for vendors or in-house staff. Attach files like service invoices or parts receipts directly to records. Preventative protocols schedule inspections and recurring site jobs. Identify contractor hourly rates to allocate budgets and inform tenant chargebacks for billable repairs.
Accounting & Reporting
Buildium removes accounting headaches by organizing financial data in easy-to-navigate modules. Pay bills and record against property ledgers. Batch import bank statements rather than manual entry. Similarly, quickly transfer details from owner statements or management summaries into monthly reports. Customize charts, graphs, and tables to generate ready-to-share investor reports, Tenant Aging Summaries, Operating Budgets, and more based on intelligent financial tracking.
Ongoing Improvements
An intuitive platform with extensive capabilities can still require change management as needs shift. Buildium’s customizable framework lets property managers tailor many features to enhance workflows over time. Adjust tracking to capture emerging KPIs. Set up automated notifications and alerts related to specific trigger points. Add custom fields to centralize important project notes. Using Buildium as an agile single source of truth allows teams to scale operations intelligently.
With robust tools for everything from collecting rent to budgeting repairs, Buildium simplifies property operations. How To use Buildium Property Management Software allows managers to improve tenant relations and ownership value across their portfolio.