Rentec Direct Finalizes Acquisition of TrueRent Property Management Software

By David Lemon.
Updated Mar 22, 2022

GRANTS PASS, Ore. (PRWEB) March 22, 2022 - Rentec Direct, the industry-leading property management software solution, this week finalized the acquisition of TrueRent, a full-service property management software system. Plans for the transaction were announced earlier this month, and the terms of the acquisition were formally completed on March 20, 2022, when TrueRent officially discontinued operations.

Users of the TrueRent platform have been automatically migrated to Rentec Directs full-service property management software solution. Property managers and landlords can easily access Rentec Directs industry-leading features, plus the integration of key product offerings from TrueRent, including online rent payments, tenant screening solutions, the industrys largest rental listing syndication network, custom website design, comprehensive accounting and reporting, and more.

Rentec Direct has experienced tremendous organic growth over the past decade, and this acquisition is another positive step toward growing our business and expanding our reach in the property management industry, said Nathan Miller, President of Rentec Direct. The acquisition of TrueRent reinforces our commitment to providing our clients with the very best property management software on the market, complete with all-inclusive features, regular software updates and award-winning training and support.

Rentec Direct was founded in Oregon in 2009 and has since grown to become one of the highest-rated professional property management software solutions on the market, and the third-largest property management software solution in its sector. The software platform serves over 25,000 landlords and property managers who oversee 750,000 rental units across the country. Previous accolades include the Inc. 5000 List of Americas Fastest-Growing Private Companies, Most Customer Friendly Company of the Year in the Best in Biz Awards, and the Entrepreneur360 List of Best Entrepreneurial Companies in America. TrueRent was founded in Silicon Valley in 2013 and has spent the past decade integrating innovative features into one accessible, affordable software platform.

To learn more, visit RentecDirect.com/TrueRent.

About Rentec Direct Rentec Direct offers industry-leading property management software and tenant screening solutions for real estate professionals. Features include online rent payments, tenant and owner portals, the industrys largest vacancy listing syndication network, full property, tenant, and owner accounting, 1099-MISC reporting and more. Rentec Direct was recognized as Real Estate Company of the Year in the 2021 American Business Awards, was named one of the Most Customer Friendly Companies of the Year in the 2021 Best in Biz Awards, has been named to the Inc. 5000 List of Fastest-Growing Private Companies for five years in a row (as of 2021), and was also included on the 2017, 2018 and 2019 Entrepreneur360 list for Best Entrepreneurial Companies in America. http://www.rentecdirect.com