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Updated 6 months ago on . Most recent reply

Account Closed
5
Votes |
25
Posts

Anyone have experience with REI HUB?

Account Closed
Posted

I'm trying to find a good program/app to manage collecting residential rents. I have only 3 doors now but I'm getting more soon.

Some one mentioned REI Hub so I'm looking for some user reviews and other suggestions that you may have experience with.

I downloaded the free 30 day trial of REI Hub but I think it will take more time to set up than the help it will provide.

Most Popular Reply

User Stats

86
Posts
30
Votes
Joe Semifero
  • Engineer / Program Manager / RE Investor
  • Dexter, MI
30
Votes |
86
Posts
Joe Semifero
  • Engineer / Program Manager / RE Investor
  • Dexter, MI
Replied
Quote from @Account Closed:

I'm trying to find a good program/app to manage collecting residential rents. I have only 3 doors now but I'm getting more soon.

Some one mentioned REI Hub so I'm looking for some user reviews and other suggestions that you may have experience with.

I downloaded the free 30 day trial of REI Hub but I think it will take more time to set up than the help it will provide.

I started using REI Hub this year and it has been fantastic. Having a system tailored to real estate investing and doing everything I would want a bookkeeping system to do has made the financial information I have much more accurate and timely. Also, after learning the system, setting up rules, and learning how to address my specific special situations, I spend about an hour a week managing the books for 35 doors. 

The biggest asset of the system is the REI Hub support. I have had a number of questions (how to handle land contract payments, how to set up security deposit refunds, etc.) and between their online support and responses to my questions via email, I have yet to run into a situation I couldn't address. 

If you want double entry accounting, flexibility, and solid support, REI will allow you to manage your rentals on your own. 

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