Is Rent Redi too good to be true?

[Amanda Lindsay]

I'm currently managing our properties (about 50 doors) through my own created system between Google and Quickbooks. But as we are looking to add more employees to our team and expand our doors I'm looking into the best managing systems. As far as features, Rent Redi obviously blew everyone else out of the water. Curious as to whether anyone uses them and has anything negative to say.

[Shannon Smith]

We just started using Rent Redi at the beginning of the year. I really like it so far. I was originally drawn to it because I wanted to have one place where all my tenants paid rent and where they had the option to set up auto payments. If I recall correctly, Rent Redi even gives them the option to pay using a credit card. The part that I can see being the most beneficial to us, personally, is the "REI Hub" which is the accounting piece that you can opt to pay for as part of your monthly subscription. It links to our business bank account and our business credit card so come tax time, deductions should be easier. I just go in at the first of every month and code each line item to the corresponding property and note what the expense was for (Repair, HOA Fee, Mortgage payment, etc). The only thing I will say that I wish they offered within the app that they don't is a way to track mileage.