Landlord Studio vs Nomad
Landlord Studio
landlordstudio.comNomad
nomadlease.comSide by side
| Figure | Landlord Studio | Nomad |
|---|---|---|
| Price from | $12/mo | Free |
| Free plan | Yes | Yes |
| Free trial | Yes | — |
| Open source | — | — |
| Web | Yes | Yes |
| iOS | Yes | — |
| Android | Yes | — |
| Plans published | 3 | 10 |
| Spec score · Property Management Software | 9.2 (#9) | 8.2 (#76) |
| Company history | Co-founder Charles Chan says he created Landlord Studio as a tool to manage his own rental property, and the company says it has been around since 2014. | Nomad says it began in Denver, Colorado, in 2019 and operates in multiple U.S. states. |
| Founded | 2014 | 2019 |
| Free plan | Yes | No |
| 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 |
| What it does | Landlord Studio combines rental accounting, tenant management, rent collection, screening, maintenance and tax reporting for self-managing landlords. | Nomad is a digital property-management platform that helps rental-property owners market, lease, and manage homes while providing services such as Guaranteed Rent. |
Plans
Nomad
- Nomad Platform — UpfrontPrice not published
- Nomad Platform — MonthlyPrice not published
- Onboarding$99, paid once
- Do-It-Yourself (DIY)Free
- Nomad Platform (upfront)$4 a year
- Nomad Platform (monthly)$6 a month
- Resident Benefits Package$45 a month
- Resident-Led Showings$900, paid once
- Agent-Led Showings$1,500, paid once
- DIY tenant placementPrice not published
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.