RentMerchant vs RentRedi

RentMerchant provides online rent collection and property management for independent landlords, with web and iOS access. Tenants can pay by bank transfer or debit and credit card, either once or through autopay. The system sends monthly recurring invoices, payment reminders, and automatic late fees. A tenant portal supports payments, payment-history and ledger viewing, and repair requests. Landlords can collect online applications and obtain electronic lease signatures with an audit trail. Property owners can receive read-only logins showing collections, fees, and net amounts. Reports include CSV and Schedule E exports, and landlords can import properties in bulk from CSV. Payments are processed by Stripe; RentMerchant says it does not store raw card or bank numbers, and accounts can use two-factor login. The Free plan costs nothing and supports up to three properties. Pro costs $15 a month billed annually for unlimited properties and units, while month-to-month Pro costs $20 a month. ACH payments on Free cost 0.8% capped at $5 plus a $2 RentMerchant fee; the $2 fee is waived on Pro.

RentRedi is property-management software with Android and iOS apps for landlords handling rent and property tasks. Its listed capabilities include online rent collection, a tenant portal, maintenance management, property accounting, and lease management. Tenants can use the payment portal to pay online. The Free plan costs nothing period, requires no credit card, and covers up to two properties. Start costs $5 a month, billed monthly, and includes unlimited properties and tenants; it can be canceled anytime. Grow costs $12 a month, billed annually, and includes access to more than 20 listing sites. The service is described as freemium, with paid plans from $5/mo. RentRedi was founded in 2016. The free property limit and the different billing terms for Start and Grow are useful details to weigh when choosing a plan.