Landlord Studio vs MRI Palace
Landlord Studio
landlordstudio.comMRI Palace
mrisoftware.comSide by side
| Figure | Landlord Studio | MRI Palace |
|---|---|---|
| Price from | $12/mo | — |
| Free plan | Yes | — |
| Free trial | Yes | — |
| Open source | — | — |
| Web | Yes | Yes |
| iOS | Yes | Yes |
| Android | Yes | Yes |
| Plans published | 3 | 0 |
| Spec score · Property Management Software | 9.2 (#9) | 7.9 (#107) |
| Founded | 2014 | 1971 |
| Lease management | Leases store tenancy dates, rent frequency and amount, with automated rent reminders and late-fee settings. | Yes |
| Online rent collection | Tenants can pay rent and utilities by ACH, with a $2.50 transaction fee charged to either tenant or landlord. | Yes |
| Product | Landlord Studio is property management software built for independent landlords to manage rentals, tenant screening, rent collection, accounting, tax reporting, and maintenance. | MRI Palace is property management software designed for New Zealand’s regulatory landscape. |
| Reporting | Basic reports can be downloaded or emailed, while paid plans add Schedule E, profit-and-loss and other advanced reports. | The BOSS Dashboard breaks portfolio performance down by branch, region and property manager. |
| Security | The company says data is stored on SSL-protected servers and encrypted during transfer from desktop and mobile apps. | Palace offers multiple levels of user security and supports single sign-on with Google. |
Plans
In their own words
Landlord Studio
Landlord Studio is property management software for independent landlords, covering rental listings, tenant screening, rent collection, accounting, tax reporting, and maintenance. Landlords can create listings and syndicate them to Zillow, Zumper, Trulia, Padmapper, Dwellsy, and HotPads. Online rent collection includes tenant autopay, reminders, late fees, receipts, and automated income tracking. For bookkeeping, the service tracks rental income and expenses, scans receipts, imports bank transactions, and provides a financial dashboard. More than 15 reports are available, including profit and loss and Schedule E reports. Tenants can submit maintenance requests through a portal, while landlords track and prioritize the resulting tasks. The free Go plan is limited to three units, one user, and 10 documents. Pro costs $12 a month billed annually, and Pro Plus costs $28 a month billed annually; both include three units. Bank feeds use Plaid, require Pro, and are available in the United States, United Kingdom, and Canada. Pro and Pro Plus include a one-way Xero transaction sync. The service is available on Android, iOS, and web.
MRI Palace
MRI Palace has no write-up on Specifiction yet; its figures are above.