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Updated almost 2 years ago on . Most recent reply

User Stats

24
Posts
17
Votes
Henry Paschall
  • Rental Property Investor
  • Fernandina Beach, FL
17
Votes |
24
Posts

Why did Bigger Pockets choose RentRedi?

Henry Paschall
  • Rental Property Investor
  • Fernandina Beach, FL
Posted

I was excited that Bigger Pockets was partnering with what I thought would be a robust and powerful property management site for small landlords. You know one where you get the awesomeness of steessa.com and innago.com combined into one platform for free vice 2 free sites that you wish were 1 free site. I really liked the episode they put on for RentRedi. I was just really disappointed  when I actually set up a few properties and tested it. If you guys have some "this software is awesome" I would really like to hear it.

That just is not the case for me when I used RentRedi, and here are my top 3  issues with their site.

     1. You can upload your rental lease agreements and get them signed just like most free software out there, even zillow has this and they are on my "dont use this software for manangement list". But, you can not have editable PDFs that pull tenant, property and landlord information into the lease which is a must have if you have never had the option, that is 1 reason why I like Innago. If you have never had this option picture this. You have your lease and you have all the portions hilighet that you need to update for each tenant, Name, property address, rent ect... and instead of having to type that data in for every lease it just automatically pulls it from your property and tenant information that you have already put into the site. You verify it and send it to the new tenant to review and sign.

2. You don't have the full control over and can not customize your rental applications by specific questions you would like in your application, if you have an LLC there is no option to put a log, no options to make your lease questions required / not required ect. I like to have the option to customize the questions based on my property, some questions you would want to ask for say one state you may not want to ask in another state. Or say it is a personal property so I am renting it out in my own name vice one of my properties I would be renting out in my LLC name. Also allowing for certin questions to be required based on information provided such as if they say they have a pet then they would be required to answer the following X amount of questions vice if they didnt have a pet then the questions would be not required.

     3. You don't actually have a robust expense tracking unless you pay for their 3rd party provider its not expensive but still not free. This just means that I would still be using Stessa to track all my expenses vice their third party which is not really any different than what I am doing now.

Thanks for reading the "Angry Senior Chief" comments.

Most Popular Reply

User Stats

276
Posts
1,200
Votes
Grant Shipman
  • Rental Property Investor
  • Estes Park, CO
1,200
Votes |
276
Posts
Grant Shipman
  • Rental Property Investor
  • Estes Park, CO
Replied

@Henry Paschall- I was TOTALLY thinking the same thing.  I have reviewed every PMC software that I'm aware of (except 3 newish ones), and I am still sold on RentecDirect.  They have free ACH rent payments, CC payments for a low processing fee, owner & tenant portals, customization, marketing, online signatures, online apps, online screening, and more.  Their customer service is the main reason I chose them (over similar like Biuldium for example).  I think RTD is the best for 10 or more properties. Less than 10, I recommend Apartments.com or equivalent freeware. 

  • Grant Shipman
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