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TrueRent Review

TrueRent
Our score: 8.0 User satisfaction: 89%

What is TrueRent?

TrueRent is an economical yet full-featured property management software that includes tenant screening and online rent collection. It has multiple account types to serve the different kinds of people who need the application such as a property owner, a property manager, or both.

Regardless of the number of units you need to oversee, TrueRent can assist you. It simplifies your processes, from tenant screening to collecting rent every month. As a result, you can save more time and increase your earnings faster.

Apart from those features, TrueRent offers ease of use. Since the application is intuitive, you can implement it by yourself. And in case you need assistance, you can reach out to the support team any time.

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Overview of TrueRent Benefits

Integrated Tenant Screening

Ensuring the character of your prospective tenant is an important step in your application processing. By looking into the backgrounds of applicants, you can avoid possible problems like missed payments in the future. TrueRent assists you in this regard by integrating with Experian Tenant Screening. This provides you an insight into the credit, criminal, and eviction data of your applicants so you can decide intelligently whether to accept them or not.

On-the-dot Rent Collection

Going door-to-door to collect rent can be a hassle and is a possible disturbance to your tenants. That is why TrueRent enables you to collect rent online via QuickPay. This feature allows your tenants to transfer funds from their account to yours without additional charges. This same tool also works for card payments and ACH transactions. As a result, you can receive payments on time and even provide tenants with flexibility.

Work Order Management

Whenever maintenance and repair works are necessary on your properties, you can create a work order inside TrueRent. You can then assign it to the right person and track its progress. Once the status of the work order changes, anyone can update it. This way, everyone knows when the job is completed.

Reduced Tenant Interaction

TrueRent is equipped with a tenant portal, where tenants can communicate with you. Providing them with their own space on the system is easy, too. You only need to input their email to send them an activation link. Once they have completed the process on their end, they can begin paying rent online and reviewing their transaction histories. With this, you can become a more efficient proprietor or property manager.

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Overview of TrueRent Features

  • Online Rent Collection
  • Recurring Billing
  • Tenant Screening
  • Tenant Portal
  • Work Orders
  • Owner Portal
  • Investment Analytics
  • Reporting

What Problems Will TrueRent Solve?

Rent Collection Tracking

When a property manager needs to oversee 20 units at once, pen and paper no longer suffice in tracking rent payments. TrueRent resolves the issue by alerting you when the next payment is due, which tenant has not paid the rent for the month, and how much rent you have collected in a period. The solution also offers ACH transactions for seamless online payments.

Consolidated Payment Management

With manual rent collection, depositing checks and running from bank to bank is involved. This eats up plenty of your time and makes you miss cut-offs, thus negatively affecting your financial processes. TrueRent changes that because you can already collect payments online and see them funneled directly to your accounts.

Tenant Screening

Selecting which applicant to accept as your tenant is made easier by TrueRent. The software integrates with Experian Tenant Processing to provide you information about a tenant’s credit score, criminal record, and eviction information. Thus, you can make informed decisions.

Awards & Quality Certificates

An award given to products that have recently entered the market but are already becoming very popular
This certificate is granted to products that offer especially good user experience. We evaluate how easy it is to start using the product and how well-designed its interface and features are to facilitate the work process.

TrueRent Position In Our Categories

Since companies have distinctive business requirements, it is logical that they avoid picking an all-encompassing, ideal software system. Still, it would be hard to try to come across such a software system even among popular software products. The efficient thing to do would be to spell out the different vital factors that entail examination including major features, budget, skill aptitude of staff, company size, etc. After which, you should perform the product research thoroughly. Have a look at these TrueRent review articles and explore the other software options in your list in detail. Such comprehensive research ascertain you take out poorly fit apps and buy the one which offers all the benefits your business requires.

Position of TrueRent in our main categories:

TOP 100

TrueRent is one of the top 100 Property Management Software products

If you are considering TrueRent it could also be a good idea to investigate other subcategories of Property Management Software collected in our base of B2B software reviews.

Every business is different, and can call for a specific Property Management Software solution that will be designed for their business size, type of clients and staff and even specific industry they deal with. We advise you don't count on getting a perfect services that will be suitable for every company regardless of their history is. It may be a good idea to read a few TrueRent Property Management Software reviews first and even then you should keep in mind what the software is supposed to do for your business and your workers. Do you need a simple and straightforward app with only basic features? Will you actually use the complex functionalities required by pros and big enterprises? Are there any specific features that are especially practical for the industry you work in? If you ask yourself these questions it is going to be much easier to find a solid solution that will match your budget.

How Much Does TrueRent Cost?

TrueRent Pricing Plans:

Free Trial

TrueRent

from $19/month

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What are TrueRent pricing details?

TrueRent Pricing Plans:

Free Trial

TrueRent

from $19/month

TrueRent has a simple enterprise pricing that adjusts to the number of units you need to oversee.

TrueRent – from $19/month

  • Online Rent Payments
  • Tenant Screening
  • Unlimited Documents
  • Recurring Billing
  • Prorated Rent Calculation
  • Configurable Alerts
  • Tenant Portal
  • Admin Portal
  • General Ledger
  • Messaging App
  • Address Book
  • Reporting
  • Note Tracker

Additional features are also available with varying monthly fees.

User Satisfaction

Positive Social Media Mentions 41
Negative Social Media Mentions 4

We are aware that when you choose to buy a Property Management Software it’s important not only to see how professionals rank it in their reviews, but also to find out whether the actual clients and enterprises that use these solutions are indeed satisfied with the product. That’s why we’ve created our behavior-based Customer Satisfaction Algorithm™ that aggregates customer reviews, comments and TrueRent reviews across a vast array of social media sites. The data is then featured in an easy to digest way showing how many customers had positive and negative experience with TrueRent. With that information available you should be prepared to make an informed purchasing choice that you won’t regret.

Video

Technical details

Devices Supported

  • Windows
  • Android
  • iPhone/iPad
  • Mac
  • Web-based

Deployment

  • Cloud Hosted

Language Support

  • English

Pricing Model

  • Monthly payment

Customer Types

  • Small Business
  • Large Enterprises
  • Medium Business
  • Freelancers

What Support Does This Vendor Offer?

  • email
  • phone
  • live support
  • training
  • tickets

What integrations are available for TrueRent?

TrueRent integrates with the following for screening potential tenants and for processing payments, respectively:

  • Experian Tenant Screening
  • Forte
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Louie Andre

By Louie Andre

B2B & SaaS market analyst and senior writer for FinancesOnline. He is most interested in project management solutions, believing all businesses are a work in progress. From pitch deck to exit strategy, he is no stranger to project business hiccups and essentials. He has been involved in a few internet startups including a digital route planner for a triple A affiliate. His advice to vendors and users alike? "Think of benefits, not features."

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