Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
General Landlording & Rental Properties
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated about 2 years ago on . Most recent reply

User Stats

36
Posts
41
Votes
Akshay Nihalaney
  • Investor
  • New York
41
Votes |
36
Posts

Feedback on RentRedi

Akshay Nihalaney
  • Investor
  • New York
Posted

Having terrible experience with RentRedi. Until now I was giving them a benefit of doubt and continuing with them, but should've seen the signs.

I noticed this month (on Dec. 18th) that one of the payments made by my tenant on Dec. 6th was never deposited to my bank account. I raised the issue with their chat support. It's now Dec. 28th and it's still not resolved.

Another tenant who used to pay me thru Zelle (to avoid RentRedi's $1 fee on ACH transaction) decided to pay using credit card this month as he did not have money in his bank account. For some reason RentRedi rejected their credit card transaction. Due to this, he finally ended up paying thru zelle a few days late. The problem is RentRedi is charging me for the rejection of his credit card. I have no idea why the card was rejected, but it's ridiculous to charge the landlord for this fee. The credit card processing is between the tenant and RentRedi and nothing to do with the landlord. RentRedi is now asking me to now collect this fee from the tenant, who says the card was perfectly valid and should not have been rejected by RendRedi

RentRedi has now disabled my landlord account and my tenants can't pay their next month's rent. They get an error saying the Payment Account is not setup.

I'm now scrambling to move to another system so I can process tenant's rent before start of the new month. I've had it with RentRedi.

I've never posted negative about anyone on a public forum, but this has been a terrible experience for me and hope this feedback helps others making a decision

Loading replies...