Landlory
Rentec Direct
Established, no-contract PM software with strong trust accounting.
Overview
Rentec Direct is a long-established property management platform offered on a no-contract basis, with separate plans for landlords and for property managers. It pairs a flat base fee with per-unit pricing and is known for US-based support.
What makes it different
The anchor is genuine trust accounting — keeping owner funds segregated and compliant — which flashier platforms often handle poorly. For a PM firm, that regulatory correctness isn't a nice-to-have; it's the feature that keeps you out of trouble, and it's where Rentec is strongest.
Who it's for
- Property managers who must hold owner funds in compliant accounts
- Buyers who refuse long-term contracts or setup fees
- Teams that value reaching a responsive US-based support line
Who should look elsewhere
- Buyers for whom interface polish is a primary criterion
- Teams that specifically want modern AI assistance
Pros
- Strong trust accounting for PM companies
- No contracts or setup fees; responsive US-based support
- Recurring affiliate (25% for 12 months)
Cons
- Dated UI versus DoorLoop/AppFolio
- Fewer modern AI features
What users say
Rated about 4.5 on Capterra, Rentec Direct earns steady loyalty from property managers who prize its solid trust accounting, the no-contract, no-setup-fee model, and responsive US-based support that reviewers mention often. The recurring criticism is that the interface feels dated next to DoorLoop or AppFolio, and that it offers fewer of the modern AI features newer rivals are adding.
Pricing
Two usage-based plans split by user: Rentec Pro for landlords (from $45/mo billed annually, $50 monthly) and Rentec PM for property managers (from $50/mo), with the price scaling by unit count. The upside is no contracts, no setup fees, and none of the steep minimums of enterprise platforms — past ~2,500 units you request a quote.
- Complete accounting & reporting
- Free online rent payments
- 1099 e-file & Schedule E tax reports
- Automated late fees & rent increases
- Bank reconciliation & auto-sync
- Everything in Pro, for property managers
- Trust accounting & owner portal
- Automated CAM charges
- Automated late fees & rent increases
- Auto-sync bank transactions
Features
Rent & accounting
- Online rent collection✓
- Accounting✓
- Expense tracking✓
- Bank integration✓
- Reporting✓
Leasing & tenants
- Listing syndication✓
- Online applications✓
- Tenant screening✓
- Lease management✓
- Tenant portal✓
- Renters insurance✕
Management & ops
- Maintenance requests✓
- Owner portal✓
- Document storage✓
- AI features✕
- Mobile app✓
Alternatives to Rentec Direct
FAQ
Does Rentec Direct support trust accounting for property managers?
Yes — strong trust accounting is its anchor feature, built for managers who must keep owner funds separate and compliant. That's the main reason PM companies choose it over flashier but weaker-on-compliance tools.
Is there a contract or setup fee with Rentec Direct?
No contracts and no setup fees — that's a deliberate selling point, alongside responsive US-based support. You're not locked into a term commitment.
What's the difference between the Pro and PM plans?
Rentec Pro (from $45/mo) is for landlords managing their own units; Rentec PM (from $50/mo) adds the property-manager toolset, including trust-accounting workflows for managing on behalf of owners. Both scale with your unit count.
How much does Rentec Direct cost as I add units?
Both plans are usage-based, so the monthly price rises with your unit count rather than a flat fee — but there are no contracts, setup fees, or the steep minimums you'd hit on enterprise platforms like AppFolio. Past ~2,500 units you request a quote.
Will Rentec Direct feel dated compared to DoorLoop?
Likely yes — its interface is older than DoorLoop or AppFolio and it has fewer modern AI features. If a sleek UI matters more than rock-solid trust accounting and support, DoorLoop is the more modern alternative.