TOPIC: Re:Best Property Management Software? MRI vs. Yardi vs. RealPage?

Re:Best Property Management Software? MRI vs. Yardi vs. RealPage? 10 years 4 hours ago #7234

I have used Yardi, MRI, AMSI, Rentroll and RealPage/OneSite. I liked the dashboard & reports on Yardi. But the one I liked most was Onesite. Good reports, easy to navigate and find what I needed quickly.

What ever you go with, may I suggest that you have your on~site staff give you input. They will be using the program EVERYDAY!
  • Gerry Hunt
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Re:Best Property Management Software? MRI vs. Yardi vs. RealPage? 9 years 9 months ago #7650

Gerry gave the best advice, to have the people that will be using the program everyday to sit and work with whichever and then decide from there. From a customer service end, I like Realpage and I know first hand that they take their customer questions an issues serious.

There is also another site that you can check out called eSupplySystems. They not only manage the program, they have trainers, that are there to assist personnel as well. Up and coming and they save you money as well with a suite of vendors that give you better purchasing power. I have done contract work with them as well.

The big thing with most properties is getting them use to change as there is a normal resistance even when something may be better.

Re:Best Property Management Software? MRI vs. Yardi vs. RealPage? 9 years 7 months ago #8099

Hi Art!

Would love to here more about your experience with Real Page Roll-out. I left you a message. I can also be reached via email at This email address is being protected from spambots. You need JavaScript enabled to view it..
  • Marcus Wilson
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Re:Best Property Management Software? MRI vs. Yardi vs. RealPage? 9 years 7 months ago #8110

Is the list of providers presented meant to be exhaustive? What are the best features of each? Has anyone done a competitive analysis? The important point is to see what works best for the property and the tenants and to not accept a cookie-cutter solution just because that is what is offered. Custom-designed white-labeled website, multiple sorting options for payments, ability by both tenats and managers to track maintenance both inside and outside units, ability for mamnagers toaccess data remotely are all features which are available.
I can be reached at 646-300-0805 to discuss.
  • Charles Fiori
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Re:Best Property Management Software? MRI vs. Yardi vs. RealPage? 9 years 7 months ago #8116

I have used the above three software and AMSI/Esite which we recently converted to. As far as user friendly for your site staff, RealPage/Onesite is the best. Esite, which was not listed, is also very user friendly. Yardi is a good program, but as far as training your staff it is not as user friendly. I do not recommend MRI at all. I am a seasoned manager with heavy experience in all of these programs, and after a year and a half I still had problems figuring out this system. I know you may be looking at things from an upper management standpoint of reporting and capabilities but if your staff is having a hard time understanding the system you will have continuous errors, mistakes, etc.

Re:Best Property Management Software? MRI vs. Yardi vs. RealPage? 9 years 7 months ago #8117

I have used both YARDI and AMSI. I have also been in a training position with both systems. They both have their pros and cons. I think you really need to find out what is important to your organization and what is not. I can't speak for YARDI but with AMSI we can not use it on a "tablet" just yet. You have to have internet explorer in order for it to work, due to microsoft silverlight. You can not use Google Chrome or others to access AMSI. Somthing to think about as well when you are deciding on software.

Re:Best Property Management Software? MRI vs. Yardi vs. RealPage? 9 years 7 months ago #8121

I agree, AMSI's eSite product is a great option. I have used several others over that years and find that AMSI is very user friendly and offers most features needed.
  • Wendy Jaakson
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Re:Best Property Management Software? MRI vs. Yardi vs. RealPage? 9 years 7 months ago #8143

I think this would be a difficult question to answer, if you are not familiar with the different types of software, the different reports available, what your portfolio is consisted of, and what you might think is not needed could truly be an asset.

For example, Rent Manager is probable one of the most affordable programs for smaller assets with limited users, as the cost is a per user charge vs. per license. The program supplies pretty decent residential reports such as Rent Roll, Security Deposit, Deposit List, and Unit Availability, and their accounting are very similar to a quickbooks report. However, when it comes to affordable housing, their report has no controls in place to support any affordable housing programs, which means for LIHTC communities, all the reports will need to be done by hand, leaving more room for human error and qualification liability. Not to mentioned, if you have a project based community, you wouldn’t even be able to run the TRACS report, which means you would need a separate report just for that. So, while the program is affordable in cost, and can overall work well for conventional assets, it could be costly in compliance with affordable housing communities. This is where other programs like Yardi, Onesite, and AMSI come and start making sense.

Now, Yardi and Onesite might be one of the most growing and compatible systems in the industry. However, each of them has their strength and weakness. For example, Yardi was designed as true accounting software, so the reports it generates are amazing in the overall world of asset management and financial forecast. If you truly want to understand the financial operation of you r asset, Yardi’s reports would be ideal. However, if you are more interested on the day-by-day operation of the residential side, than Onesite is more than capable to do so, and their reporting are more in line in the resident aspect of the business.

So, to truly understand the cost of your software, you really have to understand what type of asset you have and what you are looking to track.

Hope this helps.

Re:Best Property Management Software? MRI vs. Yardi vs. RealPage? 9 years 6 months ago #8295

How does Yardi compare with One-Site on the accounting side- specifically for REIT accounting?
  • Caren
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Re:Best Property Management Software? MRI vs. Yardi vs. RealPage? 9 years 4 months ago #9119

AMSI will be compatible to any browser (Chrome, Firefox, Safari, IE) as well as tablets by the end of summer. They also allow you to host your data, as well as a cloud option.
  • Charles
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