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.
Real Estate Technology
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 over 2 years ago on . Most recent reply

User Stats

9
Posts
3
Votes
Rene Lee Ramirez
  • Real Estate Agent
  • Edinburg, Tx
3
Votes |
9
Posts

collecting rents from rental units

Rene Lee Ramirez
  • Real Estate Agent
  • Edinburg, Tx
Posted

Im looking for an easier way to collect rents from rental units from single family homes. If you use something you like let me know. 

Most Popular Reply

User Stats

230
Posts
203
Votes
Miller McSwain
  • Investor
  • Colorado Springs, CO
203
Votes |
230
Posts
Miller McSwain
  • Investor
  • Colorado Springs, CO
Replied

There are lots of "property management softwares".
I'm a rent-by-room single-family investor in Colorado Springs, and I recently looked through the most popular softwares and selected one. The products I investigated were:
1. Tenant Cloud
2. Apartments.com
3. Innago
4. Avail
5. RentRedi

I was looking for a software that met the following criteria:
1. Online payments from tenants
2. Automatic late fees
3. Maintenance request portal
4. Free for the landlord
5. Online applications
6. Tenant screening (background checks, etc)
7. Lease signing
8. Ability to post vacancies in the software

I found that Innago was the only one to meet all these requirements. It does charge a $2 fee for each rent payment, but that is charged to the tenant by default. I haven't had any complaints from tenants about this charge.

The other softwares were pretty good, but here are the deal breakers for each.
Tenant Cloud: Tenants cannot setup autopay unless we have the paid version
Apartments.com: You cannot upload your own lease, you can only make modifications to their lease
Avail: You cannot upload your own lease, you can only make modifications to their lease
RentRedi: No free version

***I investigated these softwares 8-12 months ago, so some things could have changed. For example, you get a discount on RentRedi if you are a BP Pro member that could potentially make it a contender with Innago for my use.

Good luck :)

  • Miller McSwain
  • Loading replies...