About Rentec Direct
Rentec Direct is a web-based property management software that helps landlords and property managers streamline their business operations. The software provides tools for online rent collection, tenant and lease tracking, accounting and financial reporting, maintenance and work order management, and more.
Rentec Direct was founded in 2009 by Nathan Miller and Devon Eischen, who were frustrated with the lack of affordable and easy-to-use property management software available at the time. They set out to create a solution that would meet the needs of small-to-medium-sized landlords and property managers, and Rentec Direct was born.
Initially, Rentec Direct was a side project for Miller and Eischen, who both had full-time jobs in the real estate industry. They built the software in their spare time and launched it as a free tool for landlords and property managers to use. As the software gained popularity, they began to receive requests for additional features and decided to turn it into a full-fledged business.
Since then, Rentec Direct has grown into a leading provider of property management software, serving thousands of clients across the United States and Canada. The company is headquartered in Grants Pass, Oregon and employs a team of over 50 people.
Rentec Direct Features
Rentec Direct offers a comprehensive set of features to help landlords and property managers manage their properties more efficiently. Here are some of the key features:
- Online Rent Payments: Through a secure portal, Rentec Direct permits tenants to make rent payments online, reducing late payments and eliminating the need for paper checks.
- Tenant and Lease Tracking: The software helps landlords and property managers keep track of tenant information, lease agreements, move-in and move-out dates, and more.
- Accounting and Financial Reporting: Rentec Direct offers tools that enable users to monitor income and expenses, generate financial reports, and reconcile bank accounts.
- Maintenance and Work Order Management: The software helps landlords and property managers manage maintenance requests and work orders, track vendor information, and generate work order reports.
- Tenant Screening: Rentec Direct provides tenant screening services, such as credit checks, criminal background checks, and eviction history reports.
- Automated Tenant Communications: The software allows landlords and property managers to send automated communications to tenants, such as rent reminders, lease renewals, and maintenance updates.
- Customizable Reports: Rentec Direct provides a variety of customizable reports to help landlords and property managers track their business performance, including rental income, expense reports, occupancy rates, and more.
- Mobile App: Rentec Direct's mobile app allows landlords and property managers to manage their properties on-the-go, with features such as mobile payments, tenant messaging, and maintenance requests.
Overall, Rentec Direct's features help streamline property management tasks, save time, and increase efficiency for landlords and property managers.
Rentec Direct Pricing
Rentec Direct offers two pricing plans: Rentec Pro and Rentec PM. Here is an overview of their pricing and features:
- Rentec Pro: This plan costs $45 per month and is designed for landlords and investors who self-manage their properties. It includes features such as complete accounting and reporting, free online rent payments, unlimited tenants and properties, tenant screening, market vacant properties, online rent payments, tenant portal mobile app, work orders and maintenance tracking.
- Rentec PM: This plan costs $55 per month and is designed for property managers and agents who manage properties for owner clients. It includes all the features of Rentec Pro plus additional features such as marketing and maintenance managers, pay owners via ACH, trust account management and reporting, and owner portal mobile app.
Both plans offer monthly and annual billing options, and the pricing is based on the number of units managed. There are no setup fees or lengthy contracts required by Rentec Direct. Additionally, they offer a free trial of their software to help users evaluate their platform before committing to a plan.
Can a virtual assistant use Rentec Direct to assist a property management business?