💵 Market-rate / cash-pay rentals

Property management software for market-rate landlords

Rent comes in. Follow-up happens on its own. Online rent, automatic reminders, promise-to-pay by text, and late notices drafted for your review.

Market-rate / cash-pay rentals screen in Rentsi (sample data)

For market-rate and cash-pay rentals, most of the work is the follow-up: the reminder, the second reminder, the promise to pay on Friday that nobody checks on. Rentsi is property management software that does that follow-up for you, with a rent collection app for tenants and texting built in.

Tenants pay online through the payment processor you connect. When rent is late, Rentsi texts, emails and calls in order, takes a promise-to-pay date by text, and flags broken promises. Read our guide to collecting late rent with promise-to-pay.

Sound familiar?

  • Chasing the same late tenants every month
  • Promises to pay that nobody follows up on
  • Texting tenants from your personal phone
  • Late notices typed from scratch

What Rentsi does about it

The tools below are built for this kind of portfolio.

Online rent

Tenants pay from their phone through the payment processor you connect.

In the live demo

Convenience fee

Optionally pass a convenience fee to tenants who pay online, set by you.

In the live demo

Collections with promise-to-pay

Text → email → automated call → staff call queue. Tenants text back a date; broken promises get flagged.

In the live demo

Late fees

Late fees applied by your rules.

In the live demo

Late-notice drafts

Notices drafted for your review, never served automatically.

In the live demo

Texting built in

Two-way texts, templates and bulk messages that skip opt-outs.

In the live demo

Book-a-showing page

A public page where prospects pick a free time; the showing lands on an agent's calendar, no double-booking.

In the live demo

Leases and notices

Lease and notice templates filled in from the record, as PDF or Word, with e-sign.

In the live demo

Texts, calls and payments go out through accounts you connect (your phone provider and payment processor).

Questions about Rentsi for market-rate / cash-pay rentals

How do tenants pay rent online?

Through the payment processor you connect. Tenants pay from their phone; card numbers stay with the processor and Rentsi keeps only the last 4 digits.

What is promise-to-pay?

When rent is late, the tenant can text back the date they'll pay. Rentsi records the promise, holds off on reminders until then, and flags it if the date passes without payment.

Does Rentsi serve late notices automatically?

No. It drafts late notices from the tenant's record for you to review. Serving a notice is always your decision.

Can I text tenants from the app?

Yes, once you connect your own phone provider account. Until then, messages wait in an outbox and say so; nothing is faked.

Is it priced for smaller portfolios?

Rentsi costs $1.50 per unit per month, billed in 25-unit blocks, with a 200-unit minimum ($300/month). See pricing.