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How RentRedi Can Help You Optimize Rental Property Business

Ethan Lieber
December 7, 2020
security deposit alternatives How RentRedi Can Help You Optimize Rental Property Business latchel-security-deposition-alternatives

Now more than ever, rental property business owners are carefully examining their books to see how they optimize their business and increase efficiency.

However, self-managing landlords and property managers find themselves with no time to effectively optimize their business, just by running the day-to-day tasks that come with rental properties. Adopting a property management software like RentRedi can benefit rental property managers and landlords by significantly reducing maintenance friction, tenant turnover, and the cost of vacancies.  

When it comes to optimizing your rental property business, there are key areas in which you can eliminate excessive fees or spending. In this article, we’ll show you how to run your rental property business more efficiently and optimize for more positive cash flow.

Stay on Top of Maintenance & Repair Requests

Maintenance frustrations are the #1 reason tenants leave a rental property. Staying on top of the health of your unit by performing property inspections and being responsive to repair requests is an easy way to keep your tenants happy and your unit in tip-top shape.

RentRedi makes it easy to store and share any inspection documentation and checklists. And, even better, RentRedi also integrates directly with Latchel, so tenants can easily submit repair requests and receive a 60-second response from Latchel’s troubleshooting experts.

Reduce Resident Turnover & Increase Retention

A big hit to your rental reserves can be tenant turnover and unit vacancies. Not only do you have to make repairs, clean, and change locks when a tenant leaves, but you also have to quickly get a new resident in the building. Every day your unit stands empty is a lost day of revenue. 

Even more expensive are cases of an eviction, which can very quickly escalate costs, depending on your state and eviction moratoriums. 

Using a product like RentRedi can help you retain renters by providing them with an easy-to-use mobile app they can use to pay rent, schedule rent reminders, submit maintenance requests to Latchel, and access any documents (like their lease) that you share with them.

Eliminate Multiple Management Platforms

If you’re paying for listing sites, e-signature sites, and screening software, it might be time to go in on a rental property management software like RentRedi, which has all your bases covered in those departments—for free.


RentRedi lists to Realtor.com and Doorsteps which are free for landlords. You also receive a free RentRedi listings page to use for marketing, which you can share on Facebook Marketplace, Craigslist, your website, or your network. 

E-Sign Leases

RentRedi also has inclusive e-signatures for leases. Simply upload your lease and send it to your tenant to sign—all from your RentRedi app. There are no limits on signatures or tenants, so you don’t have to pay more for getting vacancies filled!

Tenant Screening

RentRedi’s tenant screening provides you with a 3-step process: prescreening, application, and full background checks. None of these are at-cost to the landlord. Background checks are run through TransUnion and affordably priced for applicants at $35. The reports included criminal, credit, and eviction reports, as well as a customized leasing recommendation.

How RentRedi Can Help You Optimize Rental Property Business

There are easy ways you can reduce operational costs for your rental property business. By staying on top of maintenance, reducing turnover costs by increasing resident retention, and eliminated extraneous management costs (like listing and e-signing sites), you can bring efficiency to your rental management, while also optimizing your rental business.

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Unlock the Potential of Digital Insurance
Launch a tailored renter's insurance program

Sure provides tailored renter’s insurance that enables property managers, owners, and residents to protect their property, minimize risk, and experience the peace of mind that comes with the protection of your assets and business.

Most leases require renters insurance. So, we’ve partnered with Sure to provide that option for your residents. While residents aren’t required to use Sure to meet the renter’s insurance requirement, this is still a convenient option you can offer to your tenants. 

All services and products are provided by Sure, not Latchel subject to Sure’s terms and conditions.

Property Inspection Platform
Automate and Organize Inspections with RentCheck

Make Inspections Easier
RentCheck saves time by enabling residents to complete inspections on their own. Customization and automation ensure the job gets done.


Stop Wasting Time
Schedule inspections for all stages of the lease cycle at any cadence you choose. RentCheck handles the reminders.


Instantly Submit Work Orders
Take advantage of Latchel's integration with RentCheck to instantly submit a work order for any maintenance issues that pop up on an inspection.


Modernize Your Process
Easily compare new and existing inspection reports, side-by-side, and avoid security deposit disputes.


Prompt Routine Filter Changes and Resident Tasks
Schedule resident reminders to replace filters and other upkeep tasks over the course of the lease lifecycle.

To learn more about RentCheck, talk with a Latchel benefits expert today. All services and products are provided by RentCheck, not Latchel, and subject to RentCheck’s terms and conditions.

Affordable Pest Control

Access world class pest control for a fraction of the normal price. No need for new software or a complicated setup.


Easy Pest Control
Residents simply reach out to Cover Pest if there is a pest issue, and Cover Pest takes it from there.


Clarity on Who Pays the Bill
No more awkward conversations about who is responsible for the bill! With Cover Pest as a resident benefit, residents get pest control for covered pests without an additional cost.


Vendor Sourcing
No more sourcing for vendors! Cover Pest will source and coordinate with vendors for each pest control request

To learn more about Cover Pest, talk to a Latchel benefits specialist today.  All services and products are provided by Cover Pest, not Latchel, and subject to Cover Pest’s terms and conditions.

Air Filter Delivery Subscription

FilterTime is an air filter delivery service that makes it easy and convenient for residents to replace their air filters. FilterTime customers can protect their HVAC system, reduce dust and pollen, save money on energy costs, and more by leveraging this delivery service.


Reduce Labor for HVAC Issues
Filter delivery service results in a 38% reduction of total HVAC ticket requests.


Cost Savings on HVAC Repairs
Average HVAC repair costs have increased by 48.7% year over year. an air filter delivery subscription can cut costs up to $250-300 per property per year.


Energy Reduction
Filter delivery is saving residents $14.82 per month in energy costs.

How it works:

Choose from almost every size and type of air filter including custom-made sizes

Choose how often you want your filters delivered


 A box of brand new air filters delivered to your resident’s front door

To learn more about FilterTime, talk with a Latchel benefits specialist today. All services and products are provided by FilterTime, not Latchel subject to FilterTime’s terms and conditions.

Boost resident satisfaction and drive good resident behavior through a rewards, incentives, and credit building program

Drive On-Time Rent Payments
Piñata rewards renters for on-time rent payments through Piñata cash, and boosts renter's credit scores for online payments.


Boost Resident Satisfaction
$30 gift card to use at select brands and businesses, $25 restaurant card, 720 annual Piñata Cash to use on rewards, Early lease renewal gift.


Attract and Retain Renters
2 out of 3 renters prefer properties with rent reporting. Plus, residents get incentives for early lease renewals.


Rewards Residents Love
Residents can use Piñata Cash on brands they know and love, such as: Starbucks, Amazon, Sephora, Lego, Target, Walmart, Home Depot, Lowes, Doordash, Best Buy, and many more!

Piñata Cash

Residents easily earn Piñata Cash any day of the month by doing things like taking surveys, referring friends, or trying out new products.

Residents also get access to big-ticket giveaways, limited drops and super surges!

And, with exclusive access to our marketplace with over 300,000 deals, residents can squirrel away up to $4,500 annually.

To learn more about Piñata, talk with a member of our benefits team today. All services and products are provided by Piñata, not Latchel subject to Piñata’s terms and conditions.

Master Liability Insurance

Now you have one less thing to worry about with a Master Liability Policy through Obie.


Affordable Coverage
Affordable policies available with liability coverage starting at $100,000 and up to $300,000 to meet any property manager insurance requirements.


Stay 100% Compliant
Master policy provides $100,000 for management companies and owners by ensuring 100% of occupied homes and units are covered for property damage liability issues relating to resident negligence.


Peace of Mind
Liability coverages include perils such as fire, smoke, water, explosion, overflow of sewer, and many others that provide coverage for damages you (the resident) may cause to your unit or home


Personal Liability
Personal liability coverage is automatically include to protect you against claims where you may be considered legally liable. (Bodily injury claims, dog bite claims, and more)


Additional Coverages
Additional/expanded coverages are also available. (Pet damage, identity fraud, theft/vandalism, and more are available!)

All services and products are provided through Obie and are subject to Obie’s terms and conditions.

👋 Join us for a special webinar Thursday, January 11th