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.

Adding a new property
Adding a new property
Adding a new property
Dashboard
Dashboard
Investment analysis
Investment analysis
Property snapshot
Property snapshot
Tenant tracking
Tenant tracking
Transaction summary
Transaction summary

Supported Operating System(s):

Web browser (OS agnostic)



16 Reviews of TrueRent

Overall rating

5.0 / 5 stars

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Tanner from Ensorcell Investments

Specialty:  Residential / Single-family

Number of employees:  2-10 employees

Ease-of-use

Functionality

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.

Adel from Horus properties llc

Specialty:  Apartments / Multi-family

Number of employees:  2-10 employees

Ease-of-use

Functionality

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

bette from red door realty

Ease-of-use

Value for money

Customer support

Functionality

November 2017

Needs more features

Pros

Truerent offers quick time pay to receive rental payments however, the fees can add up between the initial fees and ongoing monthly fees to user and tenants.

Cons

Fee structure is too much compared to other options as far as rental payments, marketing, online applications, maintenance requests, etc.

David from Pines Realty

Number of employees:  2-10 employees

Ease-of-use

Value for money

Customer support

Functionality

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.

Sally from N/A

Number of employees:  2-10 employees

Ease-of-use

Value for money

Customer support

Functionality

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).

Mark from Owner

Number of employees:  2-10 employees

Ease-of-use

Value for money

Customer support

Functionality

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

Adam from AS Properties

Ease-of-use

Customer support

January 2016

TrueRent is very easy to use and fits all of my needs. Great customer support too.

I have been using TrueRent for about 2 years. It does everything at a very econimcal price. I have been using the online rent collection and its awesome. Also, I like the fact the ACH payments are free. I strongly recommend.

John from Capital Realty

Ease-of-use

Customer support

May 2015

Very good property management software

I have been using the site for several months with good luck. We manage about 50 properties. Customer support is responsive and accommodating.

Jason from KW

Ease-of-use

Customer support

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

BENARD from KIFICOM COMPUTERS ELDORET-KENYA

Ease-of-use

Customer support

November 2014

modifications.

it should be tailored further to capture data through a management company. thank you for good job.

Chad from Private landlord

Ease-of-use

Customer support

September 2014

Easy to setup and free. Support is quick to respond. Could use a better help section.

Pretty solid so far. The site is a little confusing in the beginning but once you go through it a couple of times it's easy. Watching the support videos really helped me when setting up my properties and tenants. (Strongly recommend watching) There is no tenant screening option which is something I need (support said it's coming soon). Overall the site is great especially considering it's free.

Kevin from N/A

Ease-of-use

Customer support

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.

Charlie from Peninsula Properties

Ease-of-use

Customer support

August 2014

Easy to use and free

I've tried several property management programs/websites. I can honestly say True Rent is the easiest program I have used. Pros: The site is free up to 25 units Easy and Fast Works on both Residential/Commercial. Cons: They don't have tenant screening yet Advertisements (Not a lot though. All I have seen is a small square ad in the righthand bottom portion of the screen so it's out of the way and non-invasive. It's definitely not a problem for me considering I'm not paying a monthly subscription fee.) No CAM option

Response: TrueRent, TrueRent

August 2014

Thanks for the review. Tenant screening will be available soon.

Ron from April Sound Rentals

Ease-of-use

Customer support

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.

David from Landlord

Ease-of-use

Customer support

July 2014

Easy to use and less expensive than most others

I use truerent because it's easy and fast. Has ACH payments and I can expect applications online. Overall an excellent value for the price. I manage 11 units so I pay $11/month. Was paying more for another service.

Response: TrueRent, TrueRent

July 2014

Thank you for your review. We appreciate your feedback today and in the future. Thanks and happy property managing.

Haley from Self

Ease-of-use

Customer support

July 2014

Super easy to use, informative, and inexpensive!

I own a few duplexes in Southern California. This website fits my needs. I was using another site, but was paying $40 a month for six units, because of their $40 monthly minimum. That's about $6 per unit, which did not include the ACH rent payments from my tenants. True Rent also has a lot of other features that I have yet to use. I will report back with an update once I have used the other features.


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