Founded in 2016, RentRedi is a comprehensive landlord tenant app and software that simplifies tasks in managing rental properties through features including mobile rent payments, tenant screening, maintenance management, and property listings. On average, RentRedi saves landlords eight hours per week and $141 in management fees per month per unit.
In addition to streamlining rental management for landlords, RentRedi also aims to improve the renting experience for tenants by providing one all-inclusive app for each step of the renting process from prequalifying for apartments and application submission to rent payments and maintenance requests. Tenants can also receive renter's insurance.
RentRedi streamlines rent collection through its no-stress payment feature. Tenants can pay rent, deposits, and fees through ACH and card payments at no expense to the landlord. Payment history is easily trackable through the ability to export data directly to spreadsheets, and Quickbooks Online, Desktop, or Pro. RentRedi also automates rent payment with automatic payments, receipts, and confirmations. Landlords can set auto-late fees with customizable recurring fee amounts.
Tenants can conveniently pay rent or make payments straight from their phone. RentRedi also enables partial payments. This may ease rental payments for tenants with roommates splitting the cost of rent. Tenants can avoid late payment fees through recurring rent reminders.
Through RentRedi’s proprietary tenant prequalification, landlords save time sifting through applications or scheduling viewings of incompatible prospective tenants. RentRedi’s prequalification starts with a 10-question survey that gives the landlord upfront information about criminal history, financial information, guarantor income, pets, and smoking before prospective tenants are able to view or apply for the apartment.
Landlords can select better, high-quality tenants through RentRedi’s application and screening. In addition to a comprehensive application, tenants pay for further screening that includes a TransUnion credit score, criminal background check, employment history, and rental history. Applications can be electronically signed for further convenience to the tenant. RentRedi provides safe and secure storage for tenants' sensitive information from the prequalification and screening. Landlords can easily accept or reject applicants through one click on the app. Applications can be tracked and shared with a team.
Tenants save time and application fees by only being able to apply for apartments they prequalify for. The prequalification is auto-saved for a simplified application process. Tenants receive notifications through the app regarding landlord decisions.
Maintenance management through RentRedi keeps tenants, roommates, landlords, and maintenance personnel informed each step of the way through mobile maintenance requests. Tenants start by uploading a five-second video of the problem on the app. Landlords and management teams are automatically notified. The repairs request can be categorized by the landlord and the tenant and can be prioritized by the landlord. Tenants, landlords, and maintenance personnel receive status updates from beginning to end keeping all involved informed.
RentRedi simplifies property listings by listing properties on multiple real estate websites in one click. After formatting a listing with information such as monthly costs, amenities, and photos, landlords can simultaneously post the listing on Realtor.com, Doorsteps, Zillow, Trulia, HotPads, and RentRedi through one click.
RentRedi enables real-time tracking for expiring leases in one convenient dashboard. Properties can be filtered to be viewed as vacant, occupied, and expiring. This enables landlords to have an overview of timing on property leases, which may help decrease downtime between tenants. In addition to being stored in the app for both landlord and tenant, leases can be stored or printed anywhere else.
With RentRedi's e-sign capabilities, you can send leases and be notified as soon as they've been signed. This also allows you to verify a tenant's identity, making the process much quicker and simpler.
It is common to find real estate management software companies where charges increase based on the amount of rental properties. RentRedi’s monthly cost covers unlimited properties. Additionally, all team members accounts are free, as long as they are not managing their own properties.
RentRedi does not operate with contracts. Landlords can choose from three payment options: monthly, three-month, and annual. The monthly fee is $19.95 per month. If a landlord pays every three months, the fee is $15 per month, and if a landlord pays annually, the fee is $9 per month. A landlord saves $60 per year if they pay every three months and $132 per year if they pay annually. There are no contracts with RentRedi.
While rental management software companies offer differing levels of technical support, landlords can be assured that they will have support with RentRedi. Users can reach customer support through live chat, phone support, and email. RentRedi also offers product tours and live demos.
Although the monthly fees for RentRedi are inexpensive, there is free rental management software available through other companies for landlords managing 75 properties or under. These free softwares may not have the same features RentRedi provides.
RentRedi does not offer a free trial. The company offers a demo mode video in which prospective landlords can test the dashboard and features such as rent payment, tenant screening, prequalifications, and maintenance request on a fully set up sample account.
Michelle Belmont Albuquerque, NM
7 months ago
Reply from RentRedi
Feb. 4th, 2021