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Property Matrix Reviews & Product Details

Verified User in Real Estate
AR
Small-Business(50 or fewer emp.)
Validated Reviewer
Verified Current User
Review source: G2 invite
Incentivized Review
What do you like best about Property Matrix?

The capabilities of this software are great! We can essentially run our entire rental business from this site! From accounting to marketing to maintenance. The reports are great as well! We are able to run tenant reports that show their individual transactions to help us understand their account. Tenants are also able to go online and make payments as well as submit maintenance tickets. These maintenance tickets are very easy for us to track and keep on top of. We have our maintenance team set up as a vendor so they only have limited access to any unnecessary information. The marketing aspect of Property Matrix is amazing! If you have pictures of your open units you can post to 7 different advertising websites including apartments.com and zillow, all with a click of a button! This helps cut down on my time to go to each site and manually post and update these. Review collected by and hosted on G2.com.

What do you dislike about Property Matrix?

Customer service could be more timely with their responses. They advertise custom reports but are not always eager to help you build them. We are currently working with them on customizing the online application to mirror what we have on paper. Review collected by and hosted on G2.com.

Recommendations to others considering Property Matrix:

Ask questions! When PM replies they are very helpful. Always willing to customize your site to your liking! Review collected by and hosted on G2.com.

What problems is Property Matrix solving and how is that benefiting you?

Property Matrix really helps keep me organized with our properties. I can stay on top of leases expiring and renewing them in a timely manner. Review collected by and hosted on G2.com.

Property Matrix Overview

What is Property Matrix?

Property Matrix is revolutionizing property management through its powerful, user-friendly, and highly customizable software. Designed to cater to the nuanced needs of property management, Property Matrix offers a comprehensive accounting suite that supports both cash and accrual methods, ensuring that managing your company's finances is seamless and efficient. With enterprise-class accounting capabilities, Property Matrix enables property managers to handle complex transactions with ease, thanks to features like separate books for each company, detailed transaction histories, and the ability to break down expenses to the finest detail. Moreover, Property Matrix is built with mobility in mind. Its responsive design ensures full functionality across all devices, enabling real-time data updates and cloud-based storage for accessing important documents and information anywhere, anytime. Property Matrix also stands out for its commitment to customization and automation. Users can tailor the system to their unique needs, from creating custom fields to automating workflows, ensuring that the software adapts to their business processes rather than the other way around. Additionally, Property Matrix offers personalized support, with dedicated representatives for each client, ensuring quick and familiar assistance whenever needed. With its robust functionality and focus on user experience, Property Matrix is not just a tool but a partner in simplifying property management, making it an ideal choice for professionals managing commercial or residential properties worldwide.

Property Matrix Details
Product Website
Languages Supported
English
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Product Description

Manage all of your tenants and properties with the help of the Property Matrix's property management software.

How do you position yourself against your competitors?

Property Matrix differentiates itself with powerful customization, robust accounting, and a user-friendly interface. Unlike many competitors, our software adapts to your business, allowing you to configure everything from rent schedules to custom fields for tenants and properties, ensuring a tailored solution for businesses of any size. We offer enterprise-class accounting features designed to handle complex financial structures, including multiple sets of books, subaccounts, and detailed transaction histories, providing comprehensive financial insights. Additionally, Property Matrix is fully mobile-responsive, enabling property managers to access and manage their portfolios from any device. Our dedicated support ensures you receive personalized assistance from representatives who know your business, ensuring prompt issue resolution. These features make Property Matrix a standout solution for property management companies seeking flexibility, powerful tools, and exceptional support.


Seller Details
Company Website
Year Founded
2001
HQ Location
Culver City, CA
Twitter
@PropertyMatrix
222 Twitter followers
LinkedIn® Page
www.linkedin.com
10 employees on LinkedIn®
Description

Property Matrix is a technology company that offers comprehensive property management software solutions designed to streamline operations for property managers and real estate professionals. Their platform provides tools for tenant and lease tracking, maintenance management, accounting, and reporting, enabling users to enhance efficiency and improve tenant communication. For more information, visit their website at [propertymatrix.com](https://www.propertymatrix.com).


JL
Overview Provided by:
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Recent Property Matrix Reviews

NW
Nyron W.Small-Business (50 or fewer emp.)
4.0 out of 5
"Modern Property Management Software"
Property Matrix is web-based so it is easy to take it on the go or access it virtually from anywhere. There are many ways that Property Matrix make...
Linda W.
LW
Linda W.Small-Business (50 or fewer emp.)
4.5 out of 5
"Extremely easy to learn and problems were almost immediately remedied by their outstanding team."
While our portfolio of owners/investors is quite challenging, working with the team proved to be very beneficial as the initial set was almost perf...
WM
Wen M.Small-Business (50 or fewer emp.)
5.0 out of 5
"Easy system to manage all properties"
The customer service we receive from Kevin he is helpful. Also the easy functionality on running reports.
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Property Matrix Media

Property Matrix Demo - Efficiency at Your Fingertips: Property Matrix's Comprehensive Management Solution
Discover Property Matrix's innovative property management software, where power meets user-friendliness. Our platform revolutionizes the management of commercial and residential properties with a robust accounting suite tailored for real estate professionals. Embrace the convenience of mobile res...
Property Matrix Demo - Seamless Communication Meets Streamlined Management
Property Matrix introduces an unparalleled level of efficiency to property management communication. With just a click, engage with tenants, owners, and vendors through tailored email and text messages directly from our centralized interface. Manage property portfolios with confidence, knowing th...
Property Matrix Demo - Detail-Rich Property Profiles: Organize and Access with Ease
With Property Matrix, you're empowered to manage every detail of your properties with precision and ease. Our software's property profile feature provides a comprehensive overview of unit specifics, including square footage, rental rates, and amenities, all within a clean, accessible format. Whet...
Property Matrix Demo - Your Data, Your Way: Customizable Reporting with Property Matrix
Property Matrix redefines financial reporting by offering fully customizable balance sheets that cater to the unique needs of property management companies. Our advanced reporting tools put you in control, allowing you to adjust every aspect of your financial reports to match your management styl...
Property Matrix Demo - Effortless Payment Processing: Property Matrix's Integrated Solutions
Property Matrix takes the hassle out of financial transactions with our integrated payment processing feature. Simplify rent collection and billing with our user-friendly interface that accepts multiple payment methods, from credit cards to electronic checks. Each payment is accurately recorded, ...
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14 out of 15 Total Reviews for Property Matrix

4.5 out of 5
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Property Matrix Pros and Cons

How are these determined?Information
Pros and Cons are compiled from review feedback and grouped into themes to provide an easy-to-understand summary of user reviews.
Pros
Cons

Overall Review Sentiment for Property MatrixQuestion

Time to Implement
<1 day
>12 months
Return on Investment
<6 months
48+ months
Ease of Setup
0 (Difficult)
10 (Easy)
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NW
Lease Administration
Small-Business(50 or fewer emp.)
Validated Reviewer
Review source: Organic
What do you like best about Property Matrix?

Property Matrix is web-based so it is easy to take it on the go or access it virtually from anywhere. There are many ways that Property Matrix makes process leases and payments a breeze. There is also automated built in document signing, automated email and text to new tenants to sign up Property Matrix tenant portal. The tenant portal makes it very easy for tenant to view and sign documents, make payments and upload maintenance requests along with pictures. There are many positive features to mention here. Review collected by and hosted on G2.com.

What do you dislike about Property Matrix?

Like many software there some always going to be downsides. In the case of Property Matrix, it is web-based so if their server is down things can run a little slowly or no access at all. However, so far with my 1-year experience with PM, the server was a non-issue. Review collected by and hosted on G2.com.

What problems is Property Matrix solving and how is that benefiting you?

Property Matrix helps to streamline leases and tenant connection. In other words, everything lease, such as rent, lease signing and tenant communication in one package. Review collected by and hosted on G2.com.

Linda W.
LW
Director of Property Management
Small-Business(50 or fewer emp.)
Validated Reviewer
Review source: Organic
What do you like best about Property Matrix?

While our portfolio of owners/investors is quite challenging, working with the team proved to be very beneficial as the initial set was almost perfect with a couple of minor tweeks. It's extremely easy to correct mistakes or make changes. Their service and support team are top notch with quick responses. Review collected by and hosted on G2.com.

What do you dislike about Property Matrix?

The only disadvantage so far is that we cannot drill down on numbers which the team is currently working on. I believe that the input from their customers is welcomed and helps them to create an even better program that fits everyone's needs and requirements. Review collected by and hosted on G2.com.

What problems is Property Matrix solving and how is that benefiting you?

The tenant portal saves a lot of time by not having to breakdown charges and payments for tenants since they can now see this information; tenants paying directly on the portal eliminates our using another software program to collect the rent. Our old program no longer offered any support and the program they recommended took three steps to complete what we can do in one step on Property Matrix. Review collected by and hosted on G2.com.

Verified User in Commercial Real Estate
AC
Small-Business(50 or fewer emp.)
Validated Reviewer
Verified Current User
Review source: Organic
What do you like best about Property Matrix?

Property Matrix is not only incredibly easy to maneuver and operate, but it makes even the most tedious or difficult tasks easier, and, if an obstacle arises, the support team is ALWAYS available. They answer within the hour and are well versed and knowledgeable about the software. 10/10! Review collected by and hosted on G2.com.

What do you dislike about Property Matrix?

I still struggle a tad with the "Reports" section. It can get confusing and I don't always get what I need. What they do offer, though, is templated well. Review collected by and hosted on G2.com.

What problems is Property Matrix solving and how is that benefiting you?

We are able to streamline all of our leases and property management tasks into one software. Before we were using multiple softwares to accomplish this task, not we can get it all in one place. Review collected by and hosted on G2.com.

Elizabeth L.
EL
Account Manager
Small-Business(50 or fewer emp.)
Validated Reviewer
Review source: Organic
What do you like best about Property Matrix?

One of my favorite features between the A/R and A/P side is the categorizing and how well it breaks down transactions. So easy to find and verify payments receied or sent. Review collected by and hosted on G2.com.

What do you dislike about Property Matrix?

We would have loved for the AP/Vendor feature to be able to send Checks through their system versus us having to print the check. We did not utilize the printing checks feature because we prefer everything done electronically. Would have been great as well for any easier system to send ACH payments through the software. Review collected by and hosted on G2.com.

What problems is Property Matrix solving and how is that benefiting you?

Creating a better texting platform will be extremely helpful in doing away with our external texting app we use company wide. Review collected by and hosted on G2.com.

WM
Small-Business(50 or fewer emp.)
Validated Reviewer
Verified Current User
Review source: Organic
What do you like best about Property Matrix?

The customer service we receive from Kevin he is helpful. Also the easy functionality on running reports. Review collected by and hosted on G2.com.

What do you dislike about Property Matrix?

The transition earlier this year was a little bit rough but we got through it everything is working fine. Review collected by and hosted on G2.com.

What problems is Property Matrix solving and how is that benefiting you?

We utilize this system for rent payments, leases, and running reports. Review collected by and hosted on G2.com.

Verified User in Real Estate
UR
Mid-Market(51-1000 emp.)
Validated Reviewer
Review source: G2 invite
Incentivized Review
What do you like best about Property Matrix?

Property Matrix is a great product because of the ability to handle all my accounting needs and because tenants have the ability of submitting request directly into their own portal. Review collected by and hosted on G2.com.

What do you dislike about Property Matrix?

I would have to say that at this time I don’t have anything negative to say about this product. Review collected by and hosted on G2.com.

What problems is Property Matrix solving and how is that benefiting you?

Being able to find a product that allows property managers the ability to keep track of accounting from multiple properties. Review collected by and hosted on G2.com.

Verified User in Fine Art
UF
Mid-Market(51-1000 emp.)
Validated Reviewer
Review source: G2 invite
Incentivized Review
What do you like best about Property Matrix?

I am able to customize what features I need Review collected by and hosted on G2.com.

What do you dislike about Property Matrix?

Can be a bit difficult to operate. Is very customizable, but that can create too many options to pick from. Review collected by and hosted on G2.com.

What problems is Property Matrix solving and how is that benefiting you?

Able to track the properties along with each tenant. Review collected by and hosted on G2.com.

Verified User in Computer Software
UC
Enterprise(> 1000 emp.)
Validated Reviewer
Review source: G2 invite
Incentivized Review
What do you like best about Property Matrix?

Property Matrix is one of the best rental software. The interface is easy to learn and flexible. Customer support is extremely helpful for even the basic tasks like report generation. You can easily integrate documents such as rental, lease agreement and other packages like credit screening software too.

Overall I would recommend it . Review collected by and hosted on G2.com.

What do you dislike about Property Matrix?

The only thing that may itch sometimes is the lack of manual register configuration for invoices but still overall it is a great software/ Review collected by and hosted on G2.com.

Recommendations to others considering Property Matrix:

Give a hands on to the software and you will like it defiitely Review collected by and hosted on G2.com.

What problems is Property Matrix solving and how is that benefiting you?

Helps in rental management and accounts property for leasing Review collected by and hosted on G2.com.

Abby Z.
AZ
Office Manager
Retail
Small-Business(50 or fewer emp.)
Validated Reviewer
Verified Current User
Review source: Organic
What do you like best about Property Matrix?

Property Matrix has all the bells and whistles that we wanted, while still being affordable and easy to operate. Their customer service/support team is outstanding! Implementation of a new software is always troublesome, but their team broke it down, so it wasn't so overwhelming. They are available to answer our plethora of questions via chat, email or phone and have a great set of articles for self-guided help that answer many questions. Review collected by and hosted on G2.com.

What do you dislike about Property Matrix?

There are a few minor nuances that are odd, but they take customer feedback very seriously and are currently constructing an update that will remove those oddities. Again, their customer service/support team is outstanding! Review collected by and hosted on G2.com.

Recommendations to others considering Property Matrix:

If you have questions, utilize their support team. They are there to help and they do a fabulous job! Review collected by and hosted on G2.com.

What problems is Property Matrix solving and how is that benefiting you?

The classic problems of time management, accessing data whenever and wherever we need it, and fear of data loss due to a computer failure. We were using an old property management software that only lived on an old computer and took a long time to load each screen. By switching to Property Matrix, we have the benefit of a cloud-based service that allows us to access the program anywhere and loads quickly. We are also not beholden to one specific computer and can utilize our new hardware without fear of the computer crashing and mass data loss. Review collected by and hosted on G2.com.

JS
Property Manager
Real Estate
Small-Business(50 or fewer emp.)
Validated Reviewer
Review source: Organic
What do you like best about Property Matrix?

Property Matrix is a very thorough software. Easy to learn and customer service is the best. If there is not a report that you need, customer service will set one up for you. If you need customized field for data, they will also set those up. Review collected by and hosted on G2.com.

What do you dislike about Property Matrix?

Only con I have found is that if you run a report on the screen and leave the report section, you will have to totally rerun the report rather than just refresh . Review collected by and hosted on G2.com.

Recommendations to others considering Property Matrix:

The staff will make the switch painless. Just send them the requested reports or files and they do all the work. Just be sure to check the results as sometime conversions can have a problem. Review collected by and hosted on G2.com.

What problems is Property Matrix solving and how is that benefiting you?

We are now able to replace old out of date computers. Daily operation is quicker. Review collected by and hosted on G2.com.