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Updated over 1 year ago, 08/23/2023

User Stats

27
Posts
12
Votes
Brendon Kerrigan
  • New to Real Estate
  • Boston
12
Votes |
27
Posts

Feedback on RentRedi

Brendon Kerrigan
  • New to Real Estate
  • Boston
Posted

Hi BP Community,

I am about to place my first tenant and I used the $1 trial with RentRedi, so I went through their application process, which was relatively easy, streamlined, and I did like it.  However, now that I am placing my first tenant, and the tenant will be paying through the app, I am just a little weary on their payment processing system called Digitzs, seems like a small company and it will take 4-5 days for my payments to clear into my bank account.

I am trying to take the feedback from the podcast of setting up systems early so that as I grow I can continue to scale easily but I am tempted to just accept venmo/checks from my tenant.

Not sure if this will change anyone's opinions but the tenant is also section 8, so a good chunk of the rent will come from the government directly into my account.

Thanks for the help and feedback!

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