Tenant Pro 7 vs Landlord Max


Joanne Birtz | email Dec 15 2011, 09:32 PM
Hi, We are a property management division managing ~$150 units and 1 condo corp of 36 owners. We have our own handyman company that does most of the repairs. We are presently using tenant pro 7 but have a few issues with that program: it is not easily networked amongst computers in that the second site often does not respond and it does not have the ability to create trust liability records for security deposits other than on the day they are requested i.e. it cannot generate them as per a past specific date. Also, I know they have been bought out and that their future is uncertain. We are looking at other programs including rent manager but they are more expensive although seem much more geared to property management firms. Do you think your program would suit us? We are growing and will most likely reach 200 units within one year. We will be making a change within a few days. Thank you for your prompt reply, Joanne
Stephane Grenier | email Dec 19 2011, 01:23 PM
Hi Joanne

Thank you for your interest in LandlordMax. In regards to your questions, you are correct in that Tenant Pro has been discontinued. It was acquired and later discontinued. The company that acquired them only offers a cloud based solution which brings it's own issues. For example, if they decide to close up shop or stop offering that service, you immediately lose access to all your data. With a server type of solution, even if the company completely closes down, you can still continue using the solution until you find a viable alternative, even if that takes years. With a hosted solution, you lose your data immediately!

In regards to the issues with Tenant Pro and it's connectivity, unfortunately we can't comment. What I can say is that we're in the process of offering a networked version which will allow many people to connect to the same server, just as you're trying to do now. The current version is a desktop only solution, but the networked solution will be available within weeks.

And to answer your question, the solution should work for you. The current solution already easily handles over 2000 units without missing a beat on hardware that's more than 5 years old: http://www.landlordmax.com/releaseNotesV311/performance/performance.html Our internal requirement is for the networked solution to handle at a minimum of 10,000 units, although it should be able to handle over 1,000,000 units.

In terms of pricing, we are definitely more affordable. The only thing is that the networked version will cost slightly more.

The upcoming networked version will be available in three options:

1. SOHO for up to 2 users at $495
2. Pro for 3-10 users at $995
3. Enterprise for 11 or more users at $2995

All versions will include our standard free technical support and can be used to manage an unlimited number of buildings, units, and tenants.

Regards,
Stephan Grenier
Founder
LandlordMax Software Inc.
http://www.LandlordMax.com
http://www.FollowSteph.com
http://www.RealEstatePigeon.com
http://www.BlogBlazers.com
spiro | email Feb 11 2012, 03:48 PM
so your network version, for 2 people, is it available? is the cost still planned to be $495.00. compare that to a single user version at $165.00 it seems high, am i missing something? you would think a mufti user version should be no more then $165 per user.
Stephane Grenier | email Feb 14 2012, 12:45 PM
Hi Spiro,

It's not yet available. Our latest estimate is most likely end of February to end of March). I'll personally be sending a progress update and more details in our email newsletter this week.

In terms of price, that's correct, the price is $495 for 2 users.

The difference in price is that the networked version is not just two desktop applications, it's actually much more complex and involved. The networked version requires a server above the two desktop clients. It requires additional functionality, support, etc.

There is a discussion posted at: http://www.landlordmax.com/support/index.php?pg=forums.posts&id=2528 which goes into the details and reasons for the differences in costs.

To quickly quote some of the important aspects of the discussion:

To give you guys an even better understand of what we're working with, my initial analysis when we started to look at pricing was to offer the software at $695 for the network server and then charge $100 per user license. In other words, the 2 user license would be $695 + $200 = $895. A 3 user license $995, 4 users $1195, and so on.

This is much much more inline with the actual costs of the software, but it's not really friendly. It just makes the pricing too complex. I don't want us to spend large amounts of time just explaining how the pricing works.

...

Regards,
Stephan Grenier
Founder
LandlordMax Software Inc.
http://www.LandlordMax.com
http://www.FollowSteph.com
http://www.RealEstatePigeon.com
http://www.BlogBlazers.com


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