In Guide
BuildingStack vs MipropertyPortal
Property management software has become a must-have tool for property managers and landlords to streamline operations, improve tenant relations, and boost overall efficiency and profitability. Among the many options available in Canada, Building Stack and MipropertyPortal (MiPropertyPortal) stand out as two prominent property management software.
This article compares Building Stack and MipropertyPortal, focusing on their features, usability, pricing, and support. It aims to assist property managers in making informed decisions that align with their needs.
Overview of Building Stack
Building Stack is designed with property managers in mind, offering a range of features to simplify everyday tasks. Established in 2009, Building Stack primarily caters to larger property management firms that require a robust and scalable solution.
Building Stack excels in marketing and communication tools. Its multi-channel listing syndication, maintenance request management, and real-time notifications are helpful for property managers who need to manage tenant communication efficiently. However, its lack of a complete accounting module and higher price point makes it less suitable for those looking for an all-in-one solution.
Building Stack Key features
Overview of MipropertyPortal (MiPP)
MiPropertyPortal (MiPP) is an all-in-one property management software built for Canadian landlords, property managers and property management companies. Established in 2016, MipropertyPortal caters to a broad spectrum of users, from small landlords managing a handful of properties to property managers with large portfolios looking for more control and functionality at a competitive price.
Its versatility and user-friendly interface make it accessible to property managers of all sizes. The tools offered can scale with their businesses’ growth.
Mipropertyportal Key features
Feature Comparison
Tenant Management
Both platforms offer robust tenant management solutions. Building Stack provides comprehensive tenant information tracking and lease management.
MiPropertyPortal’s customizable tenant profiles, real-time maintenance tracking, and advanced tenant communication makes it little more comprehensive .
Maintenance Tracking
Both platform provide solid maintenance tracking capabilities to ensure that maintenance requests are handled efficiently, reducing downtime and improving tenant satisfaction. MiPropertyPortal gets an upperhand due to its natural flow of the mainetance process.
Accounting
Building Stack may lack a full-fledged accounting module.
MiPropertyPortal has robust accounting modules that handle all of the financials. Its extensive reporting capabilities can even replace the need for a separate property accounting software.
Online Rent Collection
Both platforms offer online rent collection features to ensure that rent collection is handled smoothly, reducing the risk of missed payments or errors. Both processes rent collection within 2-3 business days using credit card or from any Canadian banks.
MiPropertyPortal also offers the capability to vendors or owners.
Marketing Tools
Building stack provides Multi-channel listing syndication with the Marketing plan. The platform lists the vacant unit when the tenant moves out to multiple selected websites.
However, the MiPropertyPortal offers FREE Vacancy Listing page which can easily be integrated with a website. It also provide API for custom integration.
User Experience
Building Stack offers a user-friendly and moderning looking interface, however, MipropertyPortal is known for its natural busienss process flows which makes property management more efficient and effective.
Customer Support
Both platforms offer robust customer support with good online review. According to Capterra, A prominent SaSS review site, Building Stack has 4.5. On the other hand MiPropertyPortal holds 4.9 rating.
Cost Comparison
Building Stack offers a range of pricing tiers based on the features you need:
- Core Plan starts at $125/month and includes features like lease management, tenant and owner portals, online payments, and vendor management.
- Full Stack Plan goes up to $499/month for larger businesses, offering additional features like marketing tools and communication management
- MiPropertyPortal follows a simpler and more cost-effective model:
- Transaction Fees: $0.50 per transaction for rent collection and owner disbursement.
- Monthly Fee: $69 plus $1.39 per unit, with robust features set where you get All-in-One solution.
- For MiPropertyPortal, there are no Setup Costs or Term Contracts, and you pay on a prorated basis as you use the software, i.e., you use the software for ten days and pay for ten days.
Scalability
Both Building Stack and MipropertyPortal offer scalable solutions, but MipropertyPortal’s flexible options make it particularly well-suited for growing businesses.
Document Management
Both Building Stack and MiPropertyPortal provides enhance document management capabilities.
MiPropertyPortal VS Building Stack : The Final Check
Take a look at the table below to get an overview of the two property management software.
| Sl. No. | Features | Building Stack | MiPropertyPortal |
|---|---|---|---|
| 1 | Provincial Lease Management with E-signature | Yes | Yes |
| 2 | Work Order & Purchase Order Management | Yes | Yes |
| 3 | Owner Reporting | Yes - Basic | Yes - Advanced |
| 4 | Setup Costs | Yes - Depending on the plan | No setup fee |
| 5 | Time & Expense Tracking | Yes | Only expense tracking |
| 6 | Complete Accounting Module | Basic | Yes – Full-Fledged |
| 7 | Tenant Screening & Credit Check | Yes | Yes |
| 8 | Asset Tracking | No | Yes |
| 9 | Online Rent Collection | Yes | Yes |
| 10 | Vendor and Owner Payment | No | Yes |
| 11 | Service Request Management | Yes | Yes |
| 11 | Owner Portal | Yes | Yes |
| 12 | LTB (Landlord and Tenant Board) Forms | Yes | Yes – Robust set by province |
| 13 | Rent Application Collection | Yes | Yes |
| 14 | Marketing Tools | Yes - Multi-channel listings | No |
| 15 | Parking & Storage Management | No | Yes |
| 16 | Document Management | Yes | Yes |
| 17 | Inspection Management | No | Yes - Customizable |
| 18 | Tenant Portal | Yes | Yes -comprehensive |
Conclusion
In summary, both Building Stack and MipropertyPortal offer comprehensive property management solutions.
Building Stack is well-suited for larger businesses that require extensive marketing tools and tenant communication management. Still, its higher price and lack of a complete accounting system may be limiting for some users.
MipropertyPortal, on the other hand, shines with its natural business process flows, very cost-effective pricing and responsive customer support, making it a versatile option for property managers of all sizes. It is the better option if you’re looking for an affordable, all-in-one solution that includes robust accounting, asset tracking, and customizable inspection management—ideal for property managers handling diverse portfolios.
Consider exploring a demo of MipropertyPortal to see how it can meet your property management needs effectively.
Jahangir Alam
As the Business Development Officer at Mi Property Portal, Canada's premier property management software provider, I've been fueling our growth and forging key partnerships since May 2016. Our mission? To deliver an all-in-one property management platform that's efficient, effective, and cost-cutting.
Frequently Asked Questions
MipropertyPortal is generally more suitable for small landlords to large real estate portfolio due to its user-friendly interface and affordable pricing.
MipropertyPortal provides real-time updates for maintenance requests, making it highly efficient.
There are no setup fees with MiPropertyPortal, but for Building Stack, it depends on the plan you purchase.
Building Stack does not have any accounting capabilities.
