December 7, 2010

RentalBooks – Headache-Free Property Management

In this economy, just about everyone could use a little supplementary income. But when it comes to renting out a second home as a way to make a little cash on the side, the headaches associated with becoming a landlord usually outweigh the benefit of bringing in a couple extra dollars each month. That is, until now. RentalBooks is a great new application that makes it easy for just about anyone to manage properties and keep their tenants happy – whether they’re renting out one home or 100 units.

Select a plan based on how many units you have to rent out, then start the process of creating a RentalBooks account by inputting all of your personal details. Enter information about each property you’re planning on renting, including the unit number and pricing information. As new tenants come in, you can store their signed leases, background checks, and other personal information within the RentalBooks system; letting you rest assured that these contracts won’t get lost in the pile of paperwork sitting on your desk. Not only does RentalBooks help with record keeping, but it also offers a number of bookkeeping tools to help landlords keep track of income and expenses online.

When a new tenant moves into a property being managed by a landlord with RentalBooks, he can be given his own login information – granting tenants the ability to see when their payments are due and when they have been received. Overall, RentalBooks is a fun new app that can keep people organized and help lessen the load for landlords who manage properties of all sizes.

Practical Uses:

  • Keep track of signed leases and rental agreements
  • Save personal information online, in a place where it won’t get lost
  • Track which tenants have paid rent on time, and which are past due
  • Give tenants their own logins, to review agreement terms, rent due dates, and late payment fees

Insider Tips:

  • Add multiple employees to one account
  • Use RentalBooks on Internet Explorer, Firefox, Safari, or Chrome
  • Cancel an account at any time
  • All data is stored on RentalBooks’ servers, which are protected by biometric locks and 24-hour surveillance

What we liked:

  • Landlords can save rental agreements and signed leases in the clouds
  • Tenants can find out instantly whether their latest payment has been received
  • RentalBooks makes it easy for tenants to communicate with landlords when an issue comes up
  • Serves a double purpose, as both an organization system and a bookkeeping system for property managers

What we didn’t like:

  • Since the app is still very new, larger rental companies may want to wait until all the kinks have been worked out before moving their files onto the system


Company Info:


  • Free plan
  • Micro plan is $9/month
  • Small plan is $24/month
  • Medium plan is $49/month
  • Large plan is $99/month
  • Mega plan is $149/month

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