If you’re looking for the best Building Management Systems on the market in 2022, then look no further!
When it comes to Building Management Systems (BMS) for Build to Rent developments, there are a lot of different factors you need to take into account.
Gone are the days of having a single building manager to manage and maintain the day-to-day to reduce energy usage. You now need to find a system that is reliable and fits the specific needs of your development, but you also need to find one that is affordable and easy to use that works well with the Building Automation System being used.
In this blog post, we will rank and review the 7 best Building Management Systems currently available.
We will look at each system’s features, support, and usability in order to help you choose what’s right for your development.
Let’s get into the Building control systems and Building Management Systems geared up to make the most efficient Build to Rent development.
What is the best building management system?
Here are our top picks for the best building management system on the market this year.
1. SmartRent
SmartRent is an all-in-one computer-based control system Building Management System that includes everything you need to manage your development. It’s easy to use and affordable, making it the perfect choice for any Build to Rent development.
SmartRent is one of the easiest Building Management Systems to use, with a simple and user-friendly interface. It’s perfect for anyone who wants an easy way to manage their development.
This building management system is perfect for new builds. It offers a wide range of features and is very reliable, making it a popular choice for many Build to Rent properties.
Key features:
- Open API
- Access control integration
- Advanced Reporting
- Integrated Work Order Management
- Smart building integration
- Energy usage review
- Fault Tolerance
- Multi-Site Support
- Air conditioning control
Pricing:
SmartRent is available on a development by development basis depending on your needs.
Get Started with SmartRent
2. BuildingLink
BuildingLink is a cloud-based Building Management System that offers a wide range of features to help you manage your development. It’s easy to use and has great customer support, making it the perfect choice for any Build to Rent property.
BuildingLink is one of the most popular Building Management Systems on the market, with a wide range of features, great customer support and is easy to use with a simple interface.
Key features:
- Asset Management
- Tenant Relationship Management
- Lease Administration
- Work Order and Preventative Maintenance
- IoT sensor soloutions
- Interface with security systems and fire systems
- Resident Experience evaluation
- Sensors and motion detectors
Get Started with BuildingLink
3. Yardi
Yardi is a building management system for build to rent that is a computer-based control system designed to manage all aspects of your property. It’s feature-rich and reliable, making it a popular choice for many developers.
Yardi is perfect for larger developments with more complex needs. It offers a wide range of features and is very reliable, making it a popular choice for many Build to Rent properties.
Key features:
- Asset Management
- Access control integration
- Energy usage monitoring
- Air conditioning interface control
- property management and accounting
- Marketing and leasing
- Procurment and cost control
- Work Order and Preventative Maintenance
Get Started with Yardi
4. MRI Software
MRI software is a Building Management System that wants to transform the way communities live, work and play. It is also one of the more expensive systems on the market, but it does have excellent customer support.
MRI software has been encorporated since 1971. MRI’s comprehensive and flexible technology platform coupled with an open and connected ecosystem meets the unique needs of real estate businesses—from property-level management and accounting to investment modeling and analytics for the global commercial and residential markets.
Features
- Energy management
- Tenant billing
- Lease administration
- Package tracking
- Valuations
- Portfolio management
Get Started with MRI Software
5. Utopi
Utopi is an asset portfoli management system that helps Building Owners and Asset Managers to increase the value of their real estate assets. Featuring a Building Information Modeling (BIM) engine, Utopi allows users to manage their portfolios more effectively and efficiently.
Control systems Features
- Asset management
- Cost-effective
- Real-time analytics
- Condition assessment
- Facilities management
Get started with Utopi
6. Entrata
If you’re looking for something more simple and only want to focus on the management of a development then Entrata is a Building Management System you should consider. It is also one of the more affordable systems on the market.
Features
- Tenant management
- Marketing Management
- Lease administration
- Online payments and more
Get started with Entrata
7. Howsy
Howsy make renting a more streamlined process for landlords and tenants. Building owners using the Howsy platform can manage an entire portfolio of properties from one easy-to-use interface.
Features
- Rent collection and management
- Tenant referencing
- Inventory creation
- Property marketing
- Offering virtual, evening and weekend viewings
- Delivering a transparent application process and move-in timelines
- Responding to repairs 24/7, via phone, email and the Howsy app
Get started with Howsy
What is a Building Management System?
A Building Management System (BMS) is a computer-based system that is used to control and monitor the mechanical and electrical equipment in a building. A BMS typically includes hardware and software components, which may be connected to various Building Automation System (BAS). The purpose of a BMS is to improve the efficiency of a building’s operations, while reducing energy consumption and maximizing occupant comfort.
Building Management Systems are becoming increasingly popular in the Build to Rent industry, as they offer a wide range of benefits to both landlords and tenants. Building Systems like these don’t always need to mean an extensive computer-based system installed. Building owners can use a Building Management system to reduce operating costs, make life easier for the building manager while tenants can enjoy increased comfort and convenience.
What are the 4 basic BMS tasks?
- Heating
- Air circulation
- Security and Monitoring
- Fire Detection
Summary
That concludes our best picks for the best Building management systems for Build to Rent in 2022. We reccommend SmartRent for it’s extensive feature set, easy to use interface and great customer support. MRI Software is another excellent choice, although it is more expensive than BuildingLink. If you’re looking for a more simple system then Entrata is a good option and Howsy is perfect if you want to streamline the renting process for your tenants.
- SmartRent: Best Overall for a growing portfolio
- BuilingLink: Best for an existing portfolio
- Howsy: Best for Tenant focused experience
We hope you enjoyed this article and found it useful and informative. Did we miss anything? Let us know in the comments below!
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