Landlord Studio vs PayProp
Landlord Studio
landlordstudio.com
PayProp
payprop.comSide by side
| Figure | Landlord Studio | PayProp |
|---|---|---|
| Price from | $12/mo | — |
| Free plan | Yes | — |
| Free trial | Yes | Yes |
| Open source | — | — |
| Web | Yes | Yes |
| iOS | Yes | Yes |
| Android | Yes | Yes |
| API | — | Yes |
| Plans published | 3 | 5 |
| Spec score · Property Management Software | 9.2 (#9) | 9.1 (#13) |
| Spec score · Real Estate Property Management | 8.9 (#4) | 8.8 (#6) |
| Company facts | LinkedIn lists Landlord Studio as privately held, founded in 2016, headquartered in London and employing 11–50 people. | LinkedIn lists PayProp as privately held, founded in 2004, headquartered in Sevenoaks, Kent, with 51–200 employees. |
| Founded | 2014 | 2004 |
| Free plan | Yes | No |
| Maintenance | Tenants can submit maintenance requests while landlords track, prioritize and communicate about jobs. | Maintenance tickets can record property issues, attach invoices and create payments from the ticket workflow. |
| Rating on Apple App Store | 4.6 out of 5 from 553 ratings. | 4.7 out of 5 from 3 ratings |
| Rating on Capterra | 4.9 out of 5 from 150 reviews. | 4.5 out of 5 from 13 reviews |
| Rating on GetApp | 4.9 out of 5 from 150 reviews. | 4.5 out of 5 from 13 reviews |
| Rating on Trustpilot | 2.9 out of 5 from 2 reviews. | 2.5 out of 5 from 5 reviews |
| Reporting | Basic reports can be downloaded or emailed, while paid plans add Schedule E, profit-and-loss and other advanced reports. | Portfolio reporting includes trends and information on income, invoices, properties, tenants, rents and maintenance. |
| Security | The company says data is stored on SSL-protected servers and encrypted during transfer from desktop and mobile apps. | PayProp says transaction information is encrypted using 256-bit SSL certificates and its application runs behind firewalls monitored around the clock. |
| Paid from | 12 | 40 |
| Support | The company lists help by email and chat, with priority support on Pro and an account manager on Pro Plus. | PayProp offers phone and email support, onboarding, refresher training, and a dedicated account manager. |
| What it does | Landlord Studio combines rental accounting, tenant management, rent collection, screening, maintenance and tax reporting for self-managing landlords. | PayProp is a cloud platform that automates rental-payment collection, reconciliation and distribution for residential property managers. |
Plans
PayProp
- License$40 a month
- Monthly service fee£1 a month
- License£79 a month
- Once-off setup feePrice not published
- PayPropPriced on request
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.