In Guide
Doorloop vs MiPropertyPortal: Which software is right for Canadian Property Managers?
Landlords and property managers need tailored property management software solutions to manage their real estate ventures, including tenant screening, lease management, rent collection, compliance with local regulations, and many other features.
Choosing the right property management software which aligns with the local requirement can significantly impact efficiency and profitability. Two strong contenders are MiPropertyPortal and Doorloop.
In this article, we will compare these property management software in regards to Canadian property rental business and assess how well they are equipped for Canadian property managers and landlords. We will also evaluate how Doorloop compares to MiPropertyPortal to help you determine which platform best suits your Canadian property management needs.
Overview of Doorloop
Doorloop is a US-based popular property management software platform for property managers worldwide. It offers a range of features, from rent collection to tenant communication, and appeals to property managers of residential, commercial, and mixed-use properties.
Doorloop helps property managers streamline rent collection, maintenance tracking, accounting, etc.
Strengths
- Comprehensive Features: Wide range of tools covering all aspects of property management.
- Scalability: Suitable for managing small portfolios to thousands of units.
- Integration Capabilities: Seamless integration with other software solutions like QuickBooks Online.
- Global Reach: Designed to cater to an international audience.
Considerations
- Localization: May need more localized features specific to Canadian regulations.
Overview of MiPropertyPortal
MiPropertyPortal is a trusted Canadian property management software tailored specifically for the Canadian property rental business. Its features address regional needs, including compliance with provincial tenancy board regulations. It offers an easy-to-use comprehensive solution for landlords and property managers to streamline their operations.
Strengths
- Localized Focus: Tailored specifically for the Canadian market.
- Ease of Use and All-in-One Solution: An intuitive interface is designed for simplicity and packed with numerous features.
- Compliance Assurance: Keeps landlords updated with Canadian provincial regulations.
- Cost-Effective: Competitive pricing for features offered.
Considerations
- Integration Options: May have fewer third-party integrations compared to competitors.
Core Features Comparison
1. Canadian Tenant Screening & Background Checks
Doorloop – DoorLoop provides tenant screening features that include credit checks, criminal background checks, bankruptcy and eviction history, but its offerings are more geared towards the US market. The availability and depth of screening reports in Canada may be limited due to regional regulations and data sources.
MiPropertyPortal – MiPP offers the fastest tenant screening system in Canada, providing detailed background checks, credit reports, and rental history. This feature helps ensure landlords select trustworthy tenants, minimizing risks associated with tenant defaults or other issues.
While both platforms offer tenant screening, MiPropertyPortal provides a more robust and compliant solution for Canadian property managers and landlords.
2. Online Rent Collection & Payment Automation
Doorloop – Doorloop also supports automated online rent collection with their RapidRent, which supports all major cards, e-checks and you can track paid or overdue rent. The specific support for Canadian banks depends on the payment gateways and financial institutions they have partnered with.
It gives automated reminders and sends notifications for upcoming or overdue payments.
Considerations
- Transaction Fees: There may be higher fees for international payments or credit card transactions.
- Canadian Bank Support: Support for Canadian banks depends on partnerships with payment gateways.
MiPropertyPortal – Automated rent collection system allows property managers to set up online payments. The system supports recurring payments and even automates invoice generation, PDF receipts, and real-time financial report updates, reducing the time spent on administrative tasks and improving cash flow.
The platform supports online rent collection and payment to owners and vendor from any Canadian banks. It offers Multiple Payment Options and accepts EFT, Visa or Mastercard. The payment is made to the property manager or the landlord in 2 business days.
This feature significantly benefits Canadian landlords, as it ensures compliance with local payment systems.
3. Provincial Lease Creation & Management
Doorloop – Doorloop also offers lease management features, including e-signatures, but it doesn’t provide the same level of flexibility and compliance required by Canadian provincial tenancy board.
It has Automated Reminder features which provides alerts for lease renewals and rent increases.
Considerations
- Lack of Provincial Compliance: Does not provide province-specific lease templates compliant with Canadian property regulations.
- Manual Customization: Users may need to customize templates to ensure legal compliance, which can be time-consuming.
MiPropertyPortal – MiPropertyPortal simplifies lease management with automated Canadian provincial lease creation and e-signature capabilities. The system also reduces the chances of errors in lease documents, making it easier to manage multiple properties.
While both platforms offer lease creation and e-signatures, MiPropertyPortal focuses on Canadian legal compliance, which benefits landlords operating in Canada.
It has built-in workflow and validation, which means automated processes reduce errors and save time.
4. Provincial Landlord and Tenant Board (LTB) Forms
Doorloop – DoorLoop does not provide any Canadian province specific LTB forms. However, they provide forms for the U.S.
MiPropertyPortal – MiPP offers a comprehensive library of automated notices tailored specifically to provincial Landlord or tenant board regulations. This ensures that landlords and property managers are using the correct legal notices for their region.
The Pre-Filled forms option reduces manual data entry and E- Signatures and PDF downloads streamlines the process and maintains digital records.
Also, the software tracks yearly provincial rent increase rates.
5. Maintenance Tracking & Vendor Management
Doorloop – Doorloop has Maintenance Tracking features that cater to a broader set of property managers –
- Maintenance Request Management: Tenants can submit requests via the tenant portal.
- Work Order Creation: Assign tasks to staff or vendors.
- Communication Tools: Engage with tenants and vendors through email or SMS.
- Automated Workflows: Set up triggers and actions for maintenance processes.
MiPropertyPortal – It has comprehensive maintenance tracking features –
- Automated Ticket Routing: Directs maintenance requests to the appropriate vendors or in-house teams.
- Status Update Notifications: Keeps tenants and staff informed of progress.
- Work Orders and Purchase Orders: Create and manage within the platform.
- Vendor Payment Integration: Pay vendors directly through the platform.
- Maintenance Watchlists: Monitor ongoing issues and prioritize tasks.
6. Property Accounting and Financial reports
Doorloop – DoorLoop offers accounting functionalities, including income and expense tracking, rent roll reports, balance sheets, and profit and loss statements. Its integration with QuickBooks Online allows users to manage their accounting seamlessly.
However, Canadian users need to perform manual calculations for sales taxes and configure accounting settings to align with Canadian standards.
MiPropertyPortal – The accounting platform is designed per Canadian accounting rules and regulations and creates professional reports. It provides automated sales tax – GST/HST calculations based on provincial taxation guidelines. It also provides NR4 and CRA HST/GST return form.
MiPropertyPortal provides extensive financial reports automatically, such as the Monthly Management Statement Report, or you can choose any report from the many options.
7. Pricing
Doorloop – The platform provides a tiered pricing model with plans that scale according to the number of units and features required. The pricing tiers are as follows:
- Starter Plan: Starting at $49 per month
- Pro Plan: Starting at $119 per month
- Premium Plan: Starting at $169 per month
The billing is done monthly or yearly. There is an onboarding fee based on portfolio size.
MiPropertyPortal – The starting package of MIPP, called MiPP Silver, starts from CAD $0.89/unit/month, MiPP Gold is $1.19/mo/Unit, and MiPP Platinum is $1.39/mo/Unit. The monthly fee is $69.
For MIPP, there are no Setup Costs nor Term Contracts, and you pay on a prorated basis as you use, i.e., you use the software for ten days and pay for ten days.
8. Lead Management
Doorloop – Doorloop also provides lead management features such as:
- Marketing and Listing Syndication: Post vacancies to popular rental websites.
- Lead Tracking: Manage and follow up with potential tenants.
- Communication Tools: Email and SMS capabilities for engaging with leads.
- Appointment Scheduling: Coordinate showings and automate reminders.
MiPropertyPortal – MiPP provides features for managing leads such as-
- Automatic Online Lead Capture: Online vacancy listings make it easy for prospective tenants to find properties.
- Manual Lead Creation: Flexibility to add leads obtained through other channels.
- Lead Referral Tracking: Capture and track referral details for future use.
- Scheduling and Showings: Schedule property showings directly within the platform.
- Integration with Lease Creation: Seamlessly start the lease process from captured leads.
9. Property Inspection
MiPropertyPortal – Features include:
- Customizable Inspection Templates: Create templates for move-in, move-out, and periodic inspections.
- Unlimited Question and Answer Creation: Tailor inspections to specific property needs.
- Unlimited Image Uploads: Document property conditions thoroughly.
- E-Signature Capability: Obtain digital signatures for official records.
- PDF Reports and Scheduling: Download reports anytime and schedule inspections with ease.
DoorLoop – Features include:
- Mobile Inspections: Conduct inspections using mobile devices.
- Inspection Reports: Create reports with photos and notes.
- Custom Checklists: Standardize inspection procedures.
Doorloop VS MIPP: The Final Check
Unique Advantages for Canadian Property Managers
Doorloop – It doesn’t specifically cater to Canadian property regulations, it does offer customization options.
MiPropertyPortal – The platform is catered for Canadian property rental business. For example, the platform automates the creation of Landlord and Tenant Board (LTB) forms, which are essential for any property manager in Canada.
Additionally, it keeps up with local regulations and updates forms as needed to comply with changes in the law.
Customer Support & Resources
MiPropertyPortal – MiPropertyPortal provides robust customer support through live chat, email, and phone. As a local software, it provides local support.
Doorloop – Doorloop is known for its excellent customer support, offering multiple channels for assistance. The platform provides similar support options, including community resources and tutorials.
Privacy & Security
Doorloop – Doorloop offers strong security features, including encryption and data protection policies. However, the data resides outside of Canada.
MiPropertyPortal – MiPropertyPortal takes data privacy and security seriously. The platform uses encryption to protect sensitive information and complies with Canadian data protection regulations, ensuring that user data remains secure.
The data resides within Canada, an act patriotic by nature. Also, the Azure platform ensures the best data security. Your data is backed up weekly and monthly online so that you do not have to worry about data loss.
Conclusion: Which Property Management Software is Right for Canadian Property Managers or Landlords?
Both MiPropertyPortal and DoorLoop offer impressive features, but as a Canadian property manager or landlord, your unique needs require a tailored solution.
MiPropertyPortal’s focus on compliance with Canadian regulations, Canadian tenant screening services, and automated tenancy board forms tailored to local regulations makes it the better option for property managers in Canada.
Choose MiPropertyPortal if:
- You primarily manage properties within Canada
- You want compliance with Canadian provincial regulations
- You prefer a straightforward, easy-to-use platform with local support
Get a demo of MIPP to gear up your property management game.
Choose DoorLoop if:
- You manage properties internationally or plan to expand.
- Advanced features and integrations are important to you.
- You’re looking for a scalable solution that can grow with your portfolio.
Visit DoorLoop to watch demo videos and find the best fit for your property management needs.
Frequently Asked Questions (FAQs)
MiPropertyPortal is tailored to Canadian property regulations and offers features like automated provincial LTB forms, compliance with provincial regulations, and integration with Canadian banking systems.
Yes, Doorloop’s global reach makes it an excellent option for property managers working in multiple regions, though it lacks localized Canadian features.
DoorLoop offers tenant screening, but its services are primarily geared towards the U.S. market. Canadian landlords may find MiPropertyPortal's tenant screening more comprehensive and compliant with Canadian regulations.
MiPropertyPortal provides accounting features tailored to Canadian standards, including automated GST/HST calculations and CRA tax forms. DoorLoop offers robust accounting but may require manual adjustments to align with Canadian regulations.
No, MiPropertyPortal does not charge onboarding fees and offers a pay-as-you-go pricing model without setup costs or term contracts.
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.