Overview
Buildium was founded in 2004 by Michael Monteiro and Dimitris Georgakopoulos, two landlords who had bought rental property in Providence, Rhode Island, and moved to Boston in 2008[5]. It reached 5,000 customers in 2012 and more than 14,000 in 2017, received a US$65 million strategic investment led by Sumeru Equity Partners in 2016, and acquired the owner-lead marketplace All Property Management in 2015[5]. The site now carries the line “Buildium, A RealPage Company” and lists RealPage’s Richardson, Texas headquarters[5].
Buildium covers residential, association, mixed-use, commercial and student portfolios with property accounting, online rent collection, maintenance requests, 1099 e-filing, listing syndication, screening, online leasing, a hosted company website and an Open API[4][5]. Three plans are published, all with a 14-day free trial without a credit card[4]. Transaction pricing is detailed on the pricing page: on Essential, incoming EFT costs US$2.35 per transaction and eSignatures US$5 per document, falling on higher plans, and screening is US$17[4]. Limitations: onboarding is required on Growth and Premium, live phone support is not included on Essential, and portfolios above 5,000 units must request a quote[4].
Buildium features
- Trust accounting and 1099 e-filing
- Online rent collection and EFT payments
- Listing syndication, screening and online leasing
- Association management features
- Maintenance contact centre add-on
- Open API on Premium
Buildium pricing
Essential from US$65/month; Growth from US$202/month; Premium from US$420/month. 14-day free trial, no credit card. Incoming EFT US$2.35 on Essential, first 12 months free on Premium; screening US$17. Over 5,000 units or associations: call sales.
Buildium strengths and limitations
Strengths
- Transparent monthly pricing and fee schedule
- Free trial with sample data
- Covers associations as well as rentals
- Long operating history in the small-manager segment
Limitations
- Per-transaction fees are high on the entry plan
- Phone support only from Growth upward
- Required onboarding on upper plans
- Large portfolios must request a quote
Appears in
Buildium alternatives and competitors
Alternatives to Buildium: companies ranked in the same lists.
AppFolio
Yardi Breeze
Entrata
RealPage
MRI Software
Rent Manager
DoorLoop
Propertyware
Rentec Direct
TenantCloud
TurboTenant- Avail
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