TrueRent Discount - Up to 40% off
Affordable! Collect Rent Online (Free), Screen Tenants, Full Accounting, Starting at Only $19/month. See testimonials. Get Organized!
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Lease Management SoftwareWhat is TrueRent?
TrueRent is an affordable property management software designed for landlords and property managers overseeing 10 to 5,000 units. Starting at $19 per month, it offers features such as online rent collection with free ACH transactions, comprehensive accounting tools, and tenant screening capabilities. The platform is user-friendly, enabling efficient management of rental properties without requiring extensive accounting knowledge. Users appreciate its intuitive interface and robust customer support, making it a valuable tool for streamlining property management tasks.
- Online rent collection via free ACH
- Full accounting with detailed financial reports
- Integrated tenant screening and credit checks
- Cloud-based access with unlimited document storage
- Scales from 10 to 5000 units
- Tenant portal, reminders, and automated payments
Eligibility
Number of Seats/Users: TrueRent offers discounts based on the number of users or seats. A higher volume typically leads to a better discount structure, especially for enterprise-level usage.
Commitment to a Long-Term Contract: Discounts are often provided to companies that commit to using the service for a longer period (e.g., 1-year or 3-year contracts). A longer commitment shows TrueRent that the company is serious and willing to invest in the platform long-term.
No Active Discounts: Companies that are not already receiving other active discounts may have a better chance of qualifying for additional discounts from TrueRent. TrueRent reserves discounts for new customers or those not currently under promotional pricing.
Volume or Usage Commitment: TrueRent offers discounts if you agree to a minimum amount of usage or transaction volume. This could be based on data storage, transactions, or other metrics tied to how much you will use the platform.
Enterprise-Level Negotiation: Companies that qualify as “enterprise” due to their size or complexity (e.g., having large teams, multiple departments, or geographical presence) may be eligible for additional discounts from TrueRent. Such companies are often in a position to negotiate for better pricing.
Early Renewal or Prepayment: TrueRent often offers discounts if you renew early or prepay for the entire contract period. This is a common approach to securing a lower price.
TrueRent - Up to 40% off
Reviews
Here at Spendbase our internal data shows that TrueRent generally delivers strong value for money, especially for small to mid‑size landlords, but there are a few consistent friction points you’ll want to know before committing.
Our internal satisfaction metrics
– Around 80% of Spendbase clients give TrueRent 4 or 5 stars.
– The remaining 20% highlight gaps in functionality, support, and payment setup that can become costly in time and frustration.
What Spendbase clients like most
Our data shows repeating positives around:
– Ease of use
– “Intuitive”, “simple”, and “no accounting degree required” come up often.
– Good fit for 2–50 units, but also used by larger portfolios.
– Price–value balance
– Frequently called “affordable” or “great value for money” compared with bigger tools like Buildium/AppFolio.
– Online rent collection & accounting
– Free ACH, automatic rent, late fees, vendor tracking, and solid tax-time reports are major wins.
– Reporting & visibility
– Snapshot dashboards, rent roll, equity and metrics (LTV, GRM), and year‑end reports are widely appreciated.
– Tenant features
– Tenant portal, online payments, and (newer) tenant screening are seen as strong adds.
Common pain points our data surfaces
Spendbase clients most often complain about:
– Payments setup and options
– ACH onboarding can be slow or confusing.
– Credit card rent payments were promised to some but didn’t materialize as expected.
– Third‑party payment process feels clunky for a subset of users.
– Support consistency
– Experiences range from “fast and excellent” to “no help” and “slow replies.”
– Some mention needing multiple emails before getting a response and missing phone support.
– Product gaps & UX issues
– No dedicated mobile app (frequent ask).
– Occasional bugs and “clunky” workflows.
– Limited handling of special cases (trust accounts, general non‑property expenses, flexible lease tools).
– Feature/logic changes without advance notice cause tenant confusion.
Spendbase takeaway for cost-conscious teams
If you want low-cost online rent collection plus straightforward accounting, TrueRent scores well. To avoid surprise costs (time or tenant friction), our internal recommendation is to:
– Clarify ACH setup timelines and support expectations.
– Confirm payment methods (ACH vs cards) and any extra bank-account fees.
– Ask about roadmap for mobile app and specific features you rely on before locking in a longer contract.
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FAQ
1. What is TrueRent?
TrueRent is an affordable property management software offering online rent collection, tenant screening, and full accounting features.
2. How much does TrueRent cost?
TrueRent starts at $19 per month, providing cost-effective solutions for property managers.
3. Does TrueRent offer online rent collection?
Yes, TrueRent facilitates convenient online rent payments, simplifying the process for both property managers and tenants.
4. Is TrueRent suitable for small property portfolios?
Yes, TrueRent is tailored for landlords managing small to medium portfolios, offering essential features at an affordable price.
5. What are the pros and cons of TrueRent?
Pros include affordability and ease of use; cons involve limited scalability and fewer integrations.
6. How is TrueRent's customer support?
Users appreciate prompt customer support, though some desire real-time assistance.
7. Does TrueRent offer tenant screening services?
Yes, TrueRent includes integrated tenant screening to help landlords make informed decisions.
8. What reporting capabilities does TrueRent provide?
TrueRent offers detailed reports, providing valuable insights into a property's financial performance.
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