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RentRedi

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15 User Reviews
LAST UPDATED: April 28th, 2021

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. 

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The Good

  • Mobile Submitted Rent Payments
  • Simplified Tenant Prequalification and Application Process
  • Manage Maintenance Easier
  • Online Property Listings
  • E-Sign Leases
  • Unlimited Properties and No Contracts 
  • Technical Support

Mobile Submitted Rent Payments

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. 

Simplified Tenant Prequalification and Application Process

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.

Manage Maintenance Easier

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. 

Online Property Listings

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.

E-Sign Leases

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.

Unlimited Properties and No Contracts

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.

Technical Support

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. 

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The Bad

  • Monthly Fee
  • No Free Trial

Monthly Fee

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. 

No Free Trial

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.

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The Bottom Line

RentRedi offers a comprehensive app with features that streamline managing rental properties. For landlords who manage their rental properties on the side and need a streamlined process that will save them both time and money, RentRedi is a good option. Management personnel with growing real estate portfolios may also benefit from using RentRedi as the software includes unlimited tenants and units. 

RentRedi does not provide a free trial. We recommend fully exploring the free demo and paying monthly to ensure the software is a good fit before purchasing longer plans. Although the company’s monthly fees are inexpensive, other rental management software companies provide free software to landlords with 75 or fewer rental properties. Prospective customers who manage 75 or fewer rental properties should determine which features that RentRedi provides are not included with the free software and evaluate if they justify the monthly fee. 

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Star Rating

4.6

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15 Reviews

Review Breakdown

5 grade

73%

4 grade

20%

3 grade

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2 grade

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1 grade

7%

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Michelle Belmont Albuquerque, NM

Tenant here- I've been trying to set up a new payment method for three days now. Their customer service keeps giving me recycled/stock solutions, which I've already tried, and have sent screenshots as proof that they are not working. I was also told several times that I was being escalated for "help from a colleague" only to never hear back from them. Now I'm risking a late fee, and my only other option is to add a credit card for a ridiculous fee.

7 months ago

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Reply from RentRedi

Hi Michelle, First off, we want to extend our sincerest apologies that RentRedi hasn’t lived up to your expectations. We always appreciate hearing feedback from our customers, and thank you for bringing up your concerns! 🙏 RentRedi takes a lot of pride in our customers’ success, so we’ve notified our customer support team and they just sent you a message. We’d love the opportunity to help resolve the issue and make your experience with RentRedi better. Thank you again for this feedback, we appreciate you taking the time to let us know!

Feb. 4th, 2021

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