TrueRent Software

4.55 / 5 (22)

About TrueRent


TrueRent is a cloud-based property management solution designed for use by owners, third-party property managers, tenants and applicants. It helps users manage tenants and accounts as well as track and analyze the financial performance of properties. Key features include tenant screening, online rent collection, alerts and reminders, reporting, investment analytics and tenant and owner portals.

TrueRent’s reporting feature provides a real-time dashboard that contains details of transactions such as rent and expenses, debt reduction, cash flow and more. Users get automated alerts and reminders when there is rent due or when there is a lease about to expire.

With investment analytics, users can stay up to date with their property value in real time. It allows users to track net operating income, incoming payments, cash flow, expenses and others.

TrueRent’s QuickPay feature allows tenants to pay rent and other fees directly to the users' accounts. It provides a portal for both tenants and owners.



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Supported Operating System(s):

Web browser (OS agnostic)

22 Reviews of TrueRent

Average User Ratings

Overall

4.55 / 5 stars

Ease-of-use

4.5

Value for money

4.5

Customer support

4.5

Functionality

4.0

Ratings Snapshot

5 stars

(15)

4 stars

(4)

3 stars

(3)

2 stars

(0)

1 stars

(0)

Likelihood to Recommend

Not likely

Very likely

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Showing 1-20 of 22 reviews

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June 2016

Sally from N/A

Company Size: 2-10 employees

Review Source: Capterra


Ease-of-use

5.0

Value for money

5.0

Customer support

5.0

Functionality

4.0

June 2016

Most comprehensive property management software for the price

I've tried a ton of property management softwares in the past. This is by far the best one I've used.

Pros

Very affordable. A lot cheaper than the bigger companies like Buildium and Appfolio, and offers a lot more than the smaller companies with similar prices.

Very intuitive and easy to use. The financial reports it generates are very helpful. The rent roll feature they offer is great and helps keeps track of who has paid and who hasn't.

The QuickPay ACH payment program is really nice. Almost all of my tenants now use it to pay their rent.

Cons

The site works on my iphone and ipad, but it would be great if they offered an app. Their QuickPay ACH payment program is great after you get approved, but the application process was pretty long (about 5 days).

December 2017

Adel from Horus properties llc

Company Size: 2-10 employees

Review Source


Ease-of-use

4.0

Functionality

4.0

December 2017

the site is great

Pros

Easy to use
tenant screening is awesome
tenant payment online is great
tracking the expenses is good

Cons

need more improvement in the following
1. add a place where you can add your general expenses that's not related to a certain property such as meals, trips, office expenses and so on
2. we are in deep need of mobile APP
3. track your credit card automatically and having the transaction ready to assign it to the property or edit
4. the customer service is very slow responding and having no phone number to call

November 2018

Don from Centennial Properties

Company Size: 1 employee

Review Source: Capterra


Ease-of-use

4.0

Value for money

5.0

Customer support

5.0

Functionality

4.0

November 2018

Little Landlord

My business entries are easy and tax reports are immediate. Sometimes I have to hunt-and-peck to get a particular report, but I have learned to use Filters to refine reports. I am just starting to use the Tenant Screening and am wondering why the hell I ever waited. Still getting used to this function but it should prove invaluable.

Pros

It is very comprehensive, including about everything a landlord (or his accountant or, god forbid, the IRS).
The software keeps getting updated for clarity and ease of use. Updating the structure of Tutorials is one case.

Cons

Some features are not clear to me. For instance, I have never understood the Ledger function.

January 2017

David from Pines Realty

Company Size: 2-10 employees

Review Source: Capterra


Ease-of-use

5.0

Value for money

5.0

Customer support

5.0

Functionality

5.0

January 2017

Great experience with TrueRent.com

TrueRent is the most intuitive software I have found. The customer support is great and collection rent online is quick and easy. Once you use online rent collection you won't understand how you lived without. I also use their credit screening feature which is really good.

Pros

Intuitive, useful features, online rent collection, credit screening

Cons

Does work with vacation rental but they say it's coming soon.

August 2014

Kevin from N/A

Review Source: Capterra


Ease-of-use

5.0

Customer support

5.0

August 2014

Great for managing my two rental properties. Does everything I need.

I usually don't write reviews but this one is worth it. I bought a foreclosure 2 years ago and haven't really been keeping good records. Tax time is a real hassle for me. Last month I purchased my second investment property, a duplex. I decided getting organized was the only option since tripling my unit count. After a lot of searching, I found True Rent. It's the only truly free site I could find that is easy to use and has a lot of good features. I have gone back and entered my income and expenses for the last year in order to get a complete picture of how much money I'm making. I never thought getting organized could be fun. (It's kind of addicting) What I like: Snapshot which displays my properties one screen along with how they are performing. (show my equity and other financial metrics like LTV, GRM, etc) The ease of entering transactions and how the entry fields auto populate. The reports - At a glance is really cool once you go back and enter a years worth of rents/payments. File storage. (There is no limit on storage which is good.) Support is quick to respond. (I emailed a question to support and they responded within minutes.) Overall the site is great and I have no complaints. I highly recommend to anyone looking for a free option.

November 2018

Danielle from Sharp Homes Realty

Company Size: 2-10 employees

Review Source: Capterra


Ease-of-use

3.0

Value for money

5.0

Customer support

4.0

Functionality

4.0

November 2018

Bang for buck

Customer support responses have vastly improved over the last 90 days. The additional changes they are making generally are good but it would be nice to receive an email letting us know when something is coming down the pipeline with a timeline so we are can make changes on our end as necessary.

Pros

Great value for the money, offers quite a few features for an affordable price

Cons

Too many steps to set accounts, features and processes seem to change frequently with no warning (example, we allow 5 days grace period for rent before it is considered late. Until recently we had to set the late fee as due the 4th in order for it to go into effect on the 6th as per our leases. Now it is actually set correctly on the software end. There was no notice to this change which caused some panic on the part of tenants).

November 2018

Demetrius from Watson and Associates

Company Size: 2-10 employees

Review Source: Capterra


Ease-of-use

4.0

Value for money

5.0

Customer support

4.0

Functionality

4.0

November 2018

Great Software Packing A Huge Punch!

Pros

The software was able to accommodate all my property rental documentation needs as well as providing detailed reports and address reports. It was reliable as some software has glitches but not TrueRent! The software also handled my vendors accounts and deposits to the owner with breeze.

Cons

I did not like the way it allows the tenants to log into their own portal and it has to go through their website so that the tenants know all about the service as if to elude they are advertising to my tenants. I think a branded or separate area or page should be available for tenant log ins and should integrate with my website.

February 2015

Jason from KW

Review Source: Capterra


Ease-of-use

5.0

Customer support

5.0

February 2015

Easy and Free! Very simple and does everything.

I had been searching a long time for something like True Rent. I found the site here on Capterra late last year. I have been using the site daily and have had great results. I own apartments and storage units. Yes, it will work with storage units. Plus, according to support, the site is free forever for current users even if they start to charge in the future. This means one less monthly outgoing payment. This was huge for me. If you are considering starting or finding a new property management software site, I recommend doing it now to get locked into a free account. I also really appreciate the fact that customer support really listens to users. This is rare I find. Plus they are constantly adding new features. I hope my recommendation helps others like I was helps here. Jason Real Estate Investor

July 2014

Ron from April Sound Rentals

Review Source: Capterra


Ease-of-use

5.0

Customer support

5.0

July 2014

Simple and priced right

I have operated a property management company for several years. I also have my own rental properties. I've only used TrueRent a short while, but so far it's been easy to use and allows me to manage all units, both personal and managed units on one site. It has everything I would want from this type of program. Transaction and data entry is easy and can be done from many areas/screens. This will definitely make my accounting easier. The "Snapshot" feature is helpful too, I can finally see where I financially stand. The analytics seem very complete with everything I would possibly need to know for forecasting and decision-making. I can see the possibility of this real time data helping my bottom line. I will continue using this product and will refer to it often during tax time.

January 2019

Leeann from Six Mile Creek Holdings

Company Size: 1 employee

Review Source: Capterra


Ease-of-use

4.0

Value for money

5.0

Customer support

5.0

Functionality

4.0

January 2019

Very Organized

Pros

This product is a great way to keep your rent organized. I love how you can enter the tenants into the different buildings and keep track of security, even upload the lease.

Cons

It is a little hard to use the recurring billing as it does not seem to do it all the same each time.

January 2018

Tanner from Ensorcell Investments

Company Size: 2-10 employees

Review Source


Ease-of-use

5.0

Functionality

5.0

January 2018

TrueRent Review

Pros

Just as the company's website says, this platform does really allow for time to be saved and profits to be increased. Online rent collection is the best!

Cons

Overall, I think the software was easy to learn. I could use a bit more training to make sure that I am using all available features.

June 2016

Mark from Owner

Company Size: 2-10 employees

Review Source: Capterra


Ease-of-use

5.0

Value for money

5.0

Customer support

5.0

Functionality

5.0

June 2016

Simple and Easy to use for Reasonable Price

True Rent is the simpliest property management site I have tried. I have been using it for about 3 months now and truly love it. No accounting degree required.

Pros

Excellent customer support, easy, straightforward, collecting rents online is easy too. It does everything needed to manage my 30 units.

Cons

None

August 2014

Charlie from Peninsula Properties

Review Source: Capterra


Ease-of-use

5.0

Customer support