Rent Manager Review - why 4.4 stars?

Shlomi Lavi / updated: Mar 22, 2022

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What is Rent Manager?

Rent Manager is cloud-based property management (rental property) software designed to handle real estate portfolios of every type and size. The software comes with features such as:

• Accounting: The double-entry accounting system in Rent Manager can handle all aspects of users finances. The customizable solution gives users complete control over their accounting information with time-saving accounts payable and receivable processes.
• Reports: In one comprehensive, easy-to-navigate module, Rent Managers feature-rich reports provide crucial insights into the inner workings of an organization. Rent Managers extensive report library gives users complete access to basic financial and property manager-specific information.
• Marketing & Leasing: Users can fill your positions faster with targeted, automated web marketing solutions. Users can upload images of their properties and units to their Rent Manager database and automatically publish listings to their companys website and prominent ILS sites.
• Business Operations: Rent Manager gives users the tools they need to keep their business functioning smoothly. Users can view their data from anywhere in the field thanks to a wide variety of web and mobile capabilities.
• Maintenance: In Rent Manager, end-users can easily manage maintenance issues and track their progress from inception to completion.

Rent Manager is a property management (rental property) software that started in 1987. The company is headquartered in Cincinnati, Ohio, United States. The company has a workforce of up to 500 employees.

Who is it best for?

The software can be used for property management of midsized properties ranging from 200 to 1000 units. However, it is equally effective for larger properties. Hostels, restaurants, hotels, and commercial residences have used this software in their businesses. Some such customers include Henderson Properties, 52nd Ave Storage, and Hershey Real Estate Services, Inc. etc.

Main features and functionalities

Management features of Rent Manager include automatic data backup, automatic property mapping, events calendar, file storage, and message boards. To regulate the accounting aspects of business, the software features accrual accounting, bank account integration, bank reconciliation, and cash based accounting. In the core marketing services, we can include marketing statistics, real time vacancy statistics, and online rental applications.

What is the actual cost?

Rent Manager has 3 license pricing plans for their property managers. The license plans are Rent Manager Basic, priced at $1.00 Per Unit Per Month, Rent Manager Plus is priced at $1.50 Per Unit, Per month, and the Rent Manager Premium is priced at $2.25 Per Unit, Per month.

ITQlick pricing score is 7 out of 10 (10 is most expensive). Access ITQlick pricing guide for Rent Manager. You can also find here pricing information from Rent Manager's website.

Pros

• Rent Manager is easy to use and can be customized easily
• The software can be used to manage residents and for all accounting purposes
• The software allows users to set up each property based on its rental type, and each user can be restricted based on need

Cons

• Users complain of limited integration with various online posting services
• Marketing features of website templates and online vacancy posting are not available on the software.

How it stacks up?

Access a head to head analysis of Rent Manager vs alternative software solutions.

Frequently Asked Questions (FAQs)

Is Rent Manager right for you or your business?

Rent Manager is a robust property management program that can handle all aspects of the business of its end-users. End-users seeking a powerful property management database, fully integrated accounting system, vast interface customization opportunities, intuitive contact management, maintenance, work order, and marketing solutions, as well as an open API portal for tailored solutions and so much more will fit well with Rent Manager.