Managing rental properties can be challenging for DIY landlords in Tucson. The complexities of tenant screening, rent collection, and maintenance management require effective tools to streamline these tasks. As landlords seek out viable software solutions, three platforms emerge as prominent choices: TurboTenant, DoorLoop, and Stessa. This article compares these options to help Tucson landlords make an informed decision about which software best suits their needs.

Introduction

TurboTenant, DoorLoop, and Stessa each offer unique features tailored to different types of landlords. 

For instance, TurboTenant is particularly popular among landlords who prioritize tenant screening. Its robust background check feature allows landlords to vet potential tenants thoroughly, ensuring that they choose reliable renters. TurboTenant offers customizable rental applications and online lease signing, which can significantly streamline tenant onboarding. This is especially beneficial for landlords who may not have the time or resources to handle paperwork manually, as it reduces the risk of errors and speeds up the overall leasing process.

On the other hand, DoorLoop shines in its all-in-one approach, providing tools for everything from accounting to maintenance management. This platform is designed for landlords who prefer a comprehensive solution that covers all aspects of property management. With features like automated rent reminders and maintenance request tracking, DoorLoop helps landlords stay organized and responsive to tenant needs. Furthermore, its user-friendly interface makes it accessible even for those who may not be tech-savvy, ensuring that all landlords can take advantage of its powerful capabilities without a steep learning curve.

Key Features to Consider in Landlord Software

When selecting landlord software, several key features can influence your decision:

• Tenant screening and applications: Look for tools that facilitate comprehensive tenant background checks.

• Rent collection and payment processing: Automated systems can significantly reduce late payments.

• Lease management and document storage: Easy access to leases and related documents is essential.

• Maintenance tracking and communication: Streamlined communication enhances tenant satisfaction.

• Accounting and financial reporting: Robust financial tracking is critical for managing profitability.

• Cost and scalability for growing portfolios: Consider how the software can grow with you.

TurboTenant: Overview and Best Use Cases

TurboTenant has gained popularity among small-scale landlords looking for affordable solutions. The platform enables free tenant screening and applications and efficient rent collection with automated reminders.

Pros: One of the most appealing aspects is TurboTenant's free service for landlords, where tenants cover the application fees. The interface is user-friendly, making it an ideal choice for those managing a few properties without extensive experience.

Cons: However, TurboTenant does come with limitations, particularly in its accounting features and the absence of built-in maintenance management tools.

In summary, TurboTenant is best suited for small DIY landlords seeking a straightforward and affordable solution.

DoorLoop: Overview and Best Use Cases

DoorLoop offers a comprehensive property management solution aimed at medium to large portfolios. Key features include customizable workflows, accounting integration with QuickBooks, and a mobile-friendly platform.

Pros: Landlords using DoorLoop benefit from robust features that facilitate extensive reporting and financial tracking. Additionally, the platform is known for its excellent customer support and onboarding processes.

Cons: Unlike TurboTenant, DoorLoop requires a monthly subscription, starting at $69/month, and new users may experience a learning curve.

This software is ideal for landlords managing multiple properties, who need a full-service solution that covers every aspect of property management.

Stessa: Overview and Best Use Cases

Stessa stands out by focusing primarily on financial management for landlords. Its key features include automated financial tracking, free rent collection, performance dashboards for return on investment analysis, and tax preparation tools.

Pros: The biggest draw for Stessa users is that it is completely free for core features, making it an attractive option for real estate investors who require strong accounting capabilities.

Cons: However, Stessa lacks comprehensive tenant screening and lease management tools, which may deter some landlords.

Those who prioritize financial tracking and investment performance over tenant management will find Stessa particularly beneficial.

What If DIY Property Management Isn’t for You?

While managing rental properties on your own saves money, it also requires considerable time and effort. Many landlords find tasks such as tenant screening, legal compliance, and maintenance coordination overwhelming.

Here are some indications that it might be time to consider a property management company:

• You own multiple properties and struggle with daily tasks.

• You live far from your rental properties and need someone local to help.

• You prefer a hands-off investment approach.

• You find handling tenant issues or legal matters daunting.

Pros of hiring a property management company: They handle various tasks, including marketing, tenant screening, rent collection, maintenance, and ensuring compliance with local laws, while saving you time.

Cons: Professional property management companies typically charge fees that range from 8% to 12% of monthly rent, which can eat into your profits.

When searching for a property management company in Tucson, consider their local expertise, check reviews, and ensure transparency in their fee structure.

Which Software (or Approach) is Right for You?

Your choice of software or management strategy should align with your needs:

• Choose TurboTenant if you need a simple, free solution for tenant screening and rent collection.

• Choose DoorLoop if you're looking for a comprehensive platform to manage multiple properties.

• Choose Stessa if your focus is on tracking rental income and expenses.

• Consider a property management company if DIY property management feels too overwhelming and you prefer a hands-off approach.

Wrapping Up: Top DIY Landlord Software in Tucson: TurboTenant Vs. DoorLoop Vs. Stessa

Ultimately, the best approach depends on your property portfolio size, budget, and management style. Tucson landlords should carefully evaluate their needs and explore free trials or demos of these software options before making a commitment. 

For those who find self-management overwhelming and seek to earn passive income, enlisting the services of a trustworthy property management company like Evernest is the most beneficial investment. Get started with our Tucson property management team today!

Disclaimer

All claims are a result of an industry-wide audit conducted by our in-house team. If we have missed something or provided incorrect information, please let us know at marketing@evernest.co.