Managing rental properties can be overwhelming, especially if you’re juggling multiple listings, tenants, and maintenance issues. That’s where rental management software comes in. In 2024, the best rental management software solutions help landlords and property managers streamline tasks, making life easier for both tenants and landlords alike.
One of the most popular options on the market is TurboTenant, which over 650,000 landlords and 11 million renters trust for their property management needs. TurboTenant is a comprehensive platform that simplifies rental management by bringing everything—from advertising and tenant screening to lease agreements and rent collection—under one roof.
Below, we dive into TurboTenant’s key features, pricing, and overall performance to help you decide if it’s the right fit for your rental business.
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At A Glance
- Plans: Free, Pro ($9.92/month), Premium ($12.42/month)
- Key Features:
- Advertising, Rental Applications, Tenant Screening, Lease Agreements, Rent Collection, Accounting
- Speed: Free Plan reviews listings in up to 48 hours; Pro and Premium in under 24 hours
- Bank Accounts: Free and Pro plans support one bank account; Premium supports unlimited connections
- Support: Free Plan includes in-app help, chat, and email; Pro and Premium plans offer phone support
What Is TurboTenant?
Designed for landlords, TurboTenant centralizes tasks like tenant screening and rent collection, while offering broad functionality and free essential features.
TurboTenant is an all-in-one property management software designed specifically for landlords and property managers. Whether you’re managing a single rental property or an extensive portfolio, TurboTenant centralizes all aspects of the job into a user-friendly online platform.
As one of the top rental management software options in the U.S., it’s used by more than 650,000 landlords to streamline their processes, minimize vacancies, and enhance tenant relationships.
The platform stands out because of its broad functionality, which includes everything from tenant screening to rent collection. It’s particularly appealing because most of its essential features are free, making it accessible to landlords at any level.
TurboTenant Features
TurboTenant streamlines rental property management by offering easy ad syndication, customizable online applications, tenant screening, and state-compliant lease templates.
TurboTenant offers a variety of features designed to assist landlords and property managers in effectively managing their rental properties.
Advertising
TurboTenant makes it easy to advertise rental properties across multiple platforms. By creating a single listing, your property is automatically distributed to dozens of popular rental sites like Redfin, Apartments.com, and Rent.com. This ad syndication saves valuable time. Thanks to TurboTenant’s intuitive interface, you can quickly create listings with detailed descriptions and high-quality photos. For smaller landlords, the ability to reach a broad audience through major sites is a true game-changer.
Rental Applications
The platform also offers customizable rental applications that let landlords gather all necessary information from potential tenants. You can tailor applications to your specific needs, ensuring you get important details like rental history and income verification. One of the best things about TurboTenant’s application process is how streamlined it is. Everything is done online, so you’re not dealing with paper forms or chasing down tenants for missing info. It’s a huge relief for landlords who want to stay organized.
Tenant Screening
Finding the right tenant is key to reducing turnover and avoiding future headaches. TurboTenant’s tenant screening process is comprehensive, offering background checks, credit reports, and eviction histories. With industry-standard questions, the software provides a complete picture of a prospective tenant. It’s thorough yet straightforward, making it easy to weed out potentially problematic tenants. The background and credit checks give you peace of mind, helping you avoid costly evictions or rental disputes later on.
Lease Agreements
Moreover, TurboTenant simplifies the lease agreement process by offering customizable, state-compliant lease templates. You can fill out essential details like rental terms, security deposits, and pet policies while ensuring you’re adhering to local laws. If you’re a landlord who hates drafting leases from scratch, this feature is a lifesaver. TurboTenant’s templates cover everything, and it’s easy to make sure you’re following state-specific rules.
Rent Collection
TurboTenant also provides a secure platform for rent collection. With features like autopay, late fee automation, and rent reminders, landlords can streamline payments while reducing the risk of late payments or missed rent. The automatic reminders and autopay function ensure you get your rent on time without constant follow-up. It’s also great for tenants who appreciate the convenience of online payments.
Accounting
Lastly, TurboTenant includes built-in accounting features that help you track your rental income, expenses, and cash flow. You can even download tax-ready financial reports with a single click. For landlords who aren’t accounting experts, TurboTenant’s automated bookkeeping feature is a lifesaver. It makes tax season less stressful by providing organized, detailed reports. The fact that you can track everything in one place adds a level of professionalism to your rental management.
Tools and Resources
The platform provides tools like calculators, podcasts, and guides, with TurboTenant helping landlords and renters manage properties efficiently.
The platform provides a variety of resources to help both landlords and renters navigate the rental process. For landlords, TurboTenant offers tools like a Rent Estimates Calculator to set optimal rates, a Move-out Prorated Rent Calculator, and a Mortgage Refinance Calculator. It also features podcasts with industry expert interviews, and educational videos on its YouTube channel.
The TurboTenant blog is another valuable resource, offering articles written by industry professionals on various topics relevant to both landlords and renters. Popular blog categories include landlord guides that provide step-by-step instructions for tasks like tenant screening and handling security deposits, as well as renter guides that offer advice on negotiating rent and understanding lease agreements.
Renters can benefit from TurboTenant’s Renter Toolbox, which includes budget calculators, moving cost estimators, and templates for rental documents. The mobile app, available for iOS and Android, allows landlords and renters to manage properties, accounts, and communications on-the-go, giving users everything they need to succeed in the rental market.
Pricing
TurboTenant’s Free, Pro, and Premium plans vary in features, speed, and support, with Premium offering the most comprehensive tools and benefits.
TurboTenant offers three plans: Free, Pro, and Premium.
The Free plan includes all the essentials: unlimited listings, rental applications, tenant screening, online rent collection, state-specific leases, and maintenance requests. However, state-specific leases on the Free plan come with an additional a la carte fee.
Meanwhile, the Pro plan, priced at $9.92/month (billed annually), includes everything in the Free plan but adds unlimited lease agreements, a landlord forms pack, expedited rent payouts, and custom screening questions.
For $12.42/month (billed annually), the Premium plan takes it up a notch with income verification, lower screening fees, unlimited e-signatures, and waived ACH fees. It also allows for unlimited bank account connections.
The key differences between the plans come down to speed and support. Free users wait up to 48 hours for listing reviews, while Pro and Premium users get reviews in under 24 hours. Premium and Pro users also enjoy faster response times and phone support, whereas Free plan users rely on in-app help, chat, and email support.
Final Thoughts
TurboTenant is an efficient and affordable solution for landlords, offering essential tools to simplify property management.
Overall, TurboTenant delivers a comprehensive solution for landlords who want to simplify property management. The platform’s mix of free and affordable plans makes it accessible, while the range of features—from tenant screening to rent collection—ensures landlords have the tools they need to stay organized and efficient.
Whether you’re new to managing rentals or a seasoned pro, TurboTenant’s user-friendly platform helps take the hassle out of day-to-day tasks, letting you focus more on growing your rental business.