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AppFolio Property Manager vs. MonkSpaces.Ai

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    Overview
    ProductRatingMost Used ByProduct SummaryStarting Price

    AppFolio Property Manager

    Score7.2 out of 10
    N/AAppFolio Property Manager is a cloud-based property management software that allows multifamily and single-family, commercial, student housing, homeowners and condo association, and mixed portfolio property managers to market, manage and grow their business. AppFolio includes accounting and property management functionality, including the ability to: provide instant access to reports & statements, post & market vacancies, apply & lease online, screen residents, streamline rent collection, and…

    $0.85

    per unit/per month

    MonkSpaces.Ai

    N/AN/AMonkSpaces.Ai (formerly Monk Tech Labs) is a platform for growing and managing diverse real estate portfolios – from coliving and coworking to retail and residential. What it enables: Inventory, booking, and lease management Property accounting Ticketing and maintenance workflows Tenant and member experience tools Management of shared spaces like clubhouses, gyms, and meeting…N/A
    Pricing
    AppFolio Property ManagerMonkSpaces.Ai
    Editions & Modules
    Community Associations
    $0.85
    per unit/per month
    Plus - Community Associations
    $0.85
    per unit/per month
    Student Housing
    $1.25
    per unit/per month
    Residential
    $1.49
    per unit/per month
    Commercial
    $1.50
    per unit/per month
    Plus - Student Housing
    $3
    per unit/per month
    Plus - Residential
    $3.20
    per unit/per month
    Plus - Commerical
    $3.20
    per unit/per month
    No answers on this topic
    Offerings
    Pricing Offerings
    AppFolio Property ManagerMonkSpaces.Ai
    Free Trial
    NoNo
    Free/Freemium Version
    NoNo
    Premium Consulting/Integration Services
    NoYes
    Entry-level Setup FeeNo setup feeOptional
    Additional Details
    More Pricing Information
    Community Pulse
    AppFolio Property ManagerMonkSpaces.Ai
    Considered Both Products
    AppFolio Inc.
    No answer on this topic
    MonkSpaces.Ai
    No answer on this topic
    Key User Insights
    Would buy again
    58%
    Would buy again
    7 Answers
    No answers on this topic
    Delivers good value for the price
    89%
    Delivers good value for the price
    8 Answers
    No answers on this topic
    Happy with the feature set
    75%
    Happy with the feature set
    9 Answers
    No answers on this topic
    Lived up to sales and marketing promises
    67%
    Lived up to sales and marketing promises
    6 Answers
    No answers on this topic
    Implementation went as expected
    82%
    Implementation went as expected
    9 Answers
    No answers on this topic
    User Ratings
    AppFolio Property ManagerMonkSpaces.Ai
    Likelihood to Recommend
    6.1
    (17 ratings)
    -
    (0 ratings)
    Usability
    10.0
    (2 ratings)
    -
    (0 ratings)
    Support Rating
    1.0
    (6 ratings)
    -
    (0 ratings)
    User Testimonials
    AppFolio Property ManagerMonkSpaces.Ai
    Likelihood to Recommend
    AppFolio Inc.
    We have 6 apartment buildings that we manage. Every month we were having to drive to each location to collect rent checks. Since using appfolio, we only have a couple of renters that still send in a paper check, the rest pay online, so we are ensuring that our renters are paying on time. Once we have an applicant apply, the old way was to take their scanned application, review, and then pay to have a background check conducted. Now, with appfolio, we are able to have them apply, sign off on the background check, and pay their deposit all in one shot. It has allowed our property managers to focus on other property items rather than conducting background checks.
    Incentivized
    Read full review
    MonkSpaces.Ai
    No answers on this topic
    Pros
    AppFolio Inc.
    • Prior to purchasing AppFolio Property Manager we used a texting app so we could mass text tenants. AppFolio allows us to text them by their unit along with their guarantors (if needed.) We use this feature daily. It is so convenient when we need to reach out residents quickly.
    • The online payment system makes it easy for our commercial and residential tenants to make rental payments. The system has also lessened the work of out Account's manager since it's all in once place now and we do not have to enter payments into a separate system.
    • Navigating AppFolio Property Manager is extremely easy. When we have new hire, it does take any time for them to become comfortable with the system. The main page dashboard makes it simple to get from point A to point B and beyond. The Search engine on AppFolio Property Manager is so efficient. You can search almost anything- phone number, first names, last names, addressed, license plate numbers to successfully find what you are needing.
    Incentivized
    Read full review
    MonkSpaces.Ai
    No answers on this topic
    Cons
    AppFolio Inc.
    • Customer support is horrendous. It can take weeks to get a live person on the phone and once you get someone, they typically will need to escalate your issue.
    • If you have multiple bank accounts at different banks, the bill-paying feature has trouble properly defaulting to the right bank account.
    • Multiple bank accounts also have issues tying incorrectly to the Cash section of the balance sheet.
    Incentivized
    Read full review
    MonkSpaces.Ai
    No answers on this topic
    Usability
    AppFolio Inc.
    The system is so intuitive and easy to use. There’s almost nothing in the system that can’t be undone if you make a mistake. Important things also have their own tabs. It’s also easy to use from the resident side which is helpful for in a world where everyone is not tech-savvy.
    Incentivized
    Read full review
    MonkSpaces.Ai
    No answers on this topic
    Support Rating
    AppFolio Inc.
    The few times that we have had training with AppFolio, they were SO helpful and quick to answer any questions we may have. Because of their promptness, it shows what a great product they have. If they were not able to figure something out, they would follow up with us within a few days or so, which is so important in a software program!
    Incentivized
    Read full review
    MonkSpaces.Ai
    No answers on this topic
    Alternatives Considered
    AppFolio Inc.
    This was our old program and it was not user friendly and very inefficient to use. We was never able to answer a question for an owner or a tenant very easily and many times we had to ask for them to let us call them back while we research their question because it was so difficult to maneuver in the program.
    Incentivized
    Read full review
    MonkSpaces.Ai
    No answers on this topic
    Return on Investment
    AppFolio Inc.
    • As far as positive impact, we are much more organized as a company as far as accounting, maintenance, and managing tenant issues. We are all on the same page and know where to find notes, emails, letters, information, etc... and can be more self-sufficient and self-directed. I think this is a major plus as far as business goes, as time is money. The more efficient you can be, the more time that is saved, the more money that's saved, period.
    • I don't work in Accounting and I haven't had any discussions regarding negative impacts in regards to this program. However, we've been using this since 2013 and we're on our 6th year as a business and I've heard others in our organization saying how much AppFolio has improved over that short time and how it keeps getting more intuitive and better with time. At no point have our leaders considered getting rid of the program or implementing a different program.
    Incentivized
    Read full review
    MonkSpaces.Ai
    No answers on this topic
    ScreenShots

    AppFolio Property Manager Screenshots

    Product screenshotProduct screenshotProduct screenshotProduct screenshotProduct screenshot

    MonkSpaces.Ai Screenshots

    Screenshot of the Centralised Dashboard, Business and Tenant AppScreenshot of Property Management SoftwareScreenshot of Facilities Management SoftwareScreenshot of Tenant Engagement SolutionsScreenshot of the DIY website builder and channel managerScreenshot of White-labelling, Customisations and N-cost Support