HELLO AND WELCOME TO ANOTHER RENTAL PROPERTY MANAGEMENT SOFTWARE REVIEW: RENTREDI VS RENTDROP!
(Can you tell we’re excited?)
When it comes to looking at rental payments for a landlord software, you want to be sure you’re getting the best features for the best price. However, it can be difficult to see features side-by-side.
And that’s where we come in. Check out our rental property management software review below!
RentRedi vs Rentdrop: Property Management Software
|Online rent collection||Yes||Not|
|Mobile rent payments||Yes, mobile apps make RentRedi accessible for everyone!||Yes|
|Cash rent payments||Yes! Tenants can use Chime deposits to pay their rent from RentRedi without any hand-off coordination required||Not yet|
|Add manual payments||Yes||Not listed|
|Deposits into property-specific bank accounts||Yes||Yes|
|Block payments directly||Yes, this is an amazing feature if you ever get into an eviction situation||Not listed|
|Accept/block partial payments||Yes||Not listed|
|Auto-late fees||Yes||Not listed|
|Payments & charges dashboard||Yes||Yes|
|Built-in rental applications||Not listed||No|
|Built-in prescreening||Yes, 10 simple questions to see if tenants qualify for your unit. |
This makes it easy for you to determine a renter is qualified for your rental before showing, applying, or screening!
|Tenant screening||Yes, TransUnion-certified credit and full background check.|
No cost to you. Only $35 for tenants.
You get a full credit, criminal, and eviction history report.
PLUS, a custom leasing recommendation.
|Maintenance request management||Yes||No|
|Videos of maintenance issues||Yes||No|
|Add-on maintenance coordination||Yes, partnership with Latchel to provide you with options to outsource emergency or ALL maintenance requests||No|
|Lease signing||Yes, free of charge||No|
|In-app notifications to tenants||Yes, custom notifications to tenants regarding any important updates or information||No|
|Reminder communication to tenants||Yes, send rent reminders directly to tenants’ phones!||No|
|Document storage & sharing||Yes, unlimited||No|
|Google calendar sync||Yes||No|
|Free teammate/maintenance accounts||Yes||No|
|Custom reports & exports||Yes||No|
|Rental property accounting||Yes||No|
|Listings||Yes, Zillow, Trulia, Hotpads, Realtor.com, and Doorstep||No|
|Marketing page||Yes, unlimited and free to share on Facebook Marketplace, Craigslist, your website, social media, and more!|
Plus, tenants can directly prequalify for your unit.
|Customizable payment options||Cash, Bank, Card.|
Landlords can choose which payment methods to accept.
|Yes (cash – not yet)|
|Credit boost for tenants||Yes||Yes|
|Recurring rent reminders||Yes, tenants can set up their own in-app rent reminders||Yes|
|Auto-pay for tenants||Yes||Not listed|
|Renters insurance for tenants||Yes, affordable insurance plans for all your renters||No|
|Active insurance tracking for landlords||Yes||No|
|Live customer support||Yes, every customer is able to email, text, call, schedule 1-on-1 sessions, and speak to a real, live human.||Help center or chat|
|Unlimited free payment accounts||Yes||Not listed|
|App available for landlords||Yes||Yes|
|App available for tenants||Yes||Yes|
|Unlimited Units||Yes, all plans include unlimited units and NO minimums.|
Every plan includes ALL RentRedi features and access to premium memberships. You get unlimited properties, units, tenants, and support with ALL plans.
|Only for Pay As You Go or Real Estate Mogul plan|
While RentRedi vs Rentdrop have many similar rental payment features, if you’re looking for a full, end-to-end property management app, we think RentRedi simply can’t be beaten.
Essentially, Raindrop primarily focuses on rent collection if those are the only features you’re looking for. However, if you want to manage your entire rental business (e.g., maintenance, listings, tenant screening, tenants, free teammate accounts, world-class customer support, and unlimited units), we think RentRedi is your best bet.
RentRedi aims to provide the best renting experience for both landlords and tenants—and we have a full product offering for landlords.
Also, we pride ourselves on listening to customer feedback and building features that are landlord requested, which is why we think we’re pretty great! 😉