TurboTenant Review, Feature, Pricing, And More

TurboTenant is an all-in-one platform that offers landlords a comprehensive rental property management solution. With end-to-end features, landlords can manage their properties from marketing to collecting rent payments. The platform offers tools for managing rental property advertisements, online applications, tenant screening, state-specific lease agreements, and online rent collection. It also has a tenant management solution with tools for managing renters’ insurance and maintenance requests, as well as tenant engagement, features like in-app messaging, and tenant-specific portals. Let’s check our detailed guide about TurboTenant features, services, benefits, pricing, pros & cons, and FAQs in our TurboTenant review.

TurboTenant Review: Benefits Of TurboTenant

TurboTenant is an all-in-one rental property management platform that offers landlords a comprehensive solution for managing their properties. With a range of features and benefits, TurboTenant can help landlords save time and money while improving the tenant experience. Let’s take a closer look at some of the key benefits of TurboTenant:

End-to-End Property Management

TurboTenant offers a complete range of features for managing rental properties, from marketing and advertising to tenant screening, lease agreements, and rent collection. With all of these features in one place, landlords can save time and streamline their property management tasks.

Free Basic Plan

TurboTenant’s basic plan is completely free and includes all of the core features for managing rental properties. This is ideal for landlords who are just starting out or who have a few units to manage.

Comprehensive Tenant Management

TurboTenant’s tenant management tools allow landlords to easily communicate with tenants, manage maintenance requests, and even require renters’ insurance. With these tools, landlords can provide a high-quality experience for their tenants.

Income Insights

TurboTenant’s premium plan includes an Income Insights feature that allows landlords to verify tenant income in minutes via TransUnion. This feature is included in every screening report and is useful for screening applicants.

Rental Marketing

TurboTenant’s rental marketing solution is highly effective, with landlord users averaging more than 28 leads per listing. With professional listing pages and automatic lead tracking, landlords can find quality tenants quickly and easily.

Cost-Effective

By using TurboTenant, landlords can save money on property management costs and avoid the need to hire a property manager. With a range of pricing options, including a free basic plan, TurboTenant is an affordable solution for managing rental properties.

TurboTenant Review: TurboTenant Features

Let’s explore the essential features of TurboTenant and how they can assist you in efficiently managing your rental properties.

TurboTenant’s property marketing tools are designed to help landlords minimize vacancies by creating and promoting rental listings to potential tenants. With features like custom property listings, automatic listing syndication, and marketing websites, you can quickly and easily advertise your rental units to a wider audience.

TurboTenant Review: Prepare Custom Property Listings

With TurboTenant, you can create detailed and informative rental listings that showcase all the unique features and amenities of your properties. From occupancy limits and lease terms to pet policies and virtual tour links, you can include all the important details that potential renters need to know.

TurboTenant Review: Automatic Listing Syndication

TurboTenat Features

By partnering with a popular property listing websites like Apartments.com, Realtor.com, and Rent.com, TurboTenant helps ensure that your listings are seen by as many potential tenants as possible. With automatic syndication, your listings are shared across multiple platforms, maximizing your visibility and reach.

TurboTenant Review: Marketing Websites Builder

In addition to automatic listing syndication, TurboTenant also offers marketing websites that allow you to create professional-looking pages for your rental properties. These websites include high-quality photos, detailed property descriptions, and contact forms to help you connect with interested tenants.

TurboTenant Review: Unique Advertising And Marketing

TurboTenant offers landlords an efficient rental listing platform that simplifies the process of marketing their rental properties. With this platform, you can easily enter detailed information and upload photos and videos. The platform then automatically customizes your listing for individual platforms, such as Realtor.com, Apartments.com, Craigslist, and Facebook Marketplace.

Creating an appealing listing is a breeze, taking under 10 minutes, and ensures that your property can be found by all potential renters in your area. TurboTenant customers get an average of 28 quality leads per listing. Additionally, TurboTenant includes a lead management platform that provides contact information for potential tenants who have shown interest. You can see which platform each lead came from and invite them to apply for the property if they haven’t already.

After finding and approving new tenants for your property, the next step is to create a lease agreement. TurboTenant offers an easy-to-use lease agreement tool that can help streamline the process. For landlords on the free plan, the cost of using this tool is $39 per lease. However, Premium members have unlimited access to the lease agreement tool.

TurboTenant’s lease agreements are created by lawyers and landlords and are customizable to ensure compliance with state landlord-tenant laws. This can be particularly helpful for landlords who may not be familiar with the legal requirements for creating a lease agreement in their state.

Using TurboTenant’s lease platform is an efficient way to customize your lease and obtain legal signatures from yourself and your tenants. However, it’s important to note that consulting a real estate attorney in your state is always recommended to confirm that your lease agreement complies with state laws and provides adequate protection from potential tenant issues.

TurboTenant Review: Lead Management Process

TurboTenant provides lead management services to help you efficiently keep track of potential customers. Regardless of whether you receive leads from your marketing website, third-party listing sites, or text and email invites, they will be automatically added to the Leads module. You can also add leads manually if they contact you over the phone or in person. Additionally, you can update the status of each lead and add notes from your conversations.

With TurboTenant, you will receive automatic email notifications whenever there are new leads in your module. If you decide to move forward with a candidate, you can invite them to fill out an online rental application directly from the module. You can communicate with your leads directly within the TurboTenant system, and it supports bulk messaging to make communication easier. Whenever you send a message, TurboTenant will automatically notify your leads through text and email, and they can respond via the in-app messaging chat box.

TurboTenant Review: Online Rental Applications

TurboTenant makes it easy for landlords to accept online rental applications from prospective tenants. This feature streamlines the application process, making it easy for Turbo tenants to apply for multiple listings without having to fill out the same information repeatedly. Once an application is submitted, landlords can easily review the information and move forward with the screening process.

TurboTenant Review: Tenant Screening Option

TurboTenant offers a comprehensive tenant screening process that includes credit reports, criminal background checks, and eviction history. The platform uses TransUnion to perform credit checks and provides landlords with a detailed screening report that includes a recommendation on whether to accept or reject the applicant.

TurboTenant Review: Rent Collection and Payments

TurboPay is the solution offered by TurboTenant to help you with rent collection and payments. It allows you to receive electronic payments from your tenants, whether they choose to make one-time payments or schedule recurring ones. Unlike other platforms, TurboTenant does not charge any fees for bank transfers. However, there is a processing fee of 3.49% for credit and debit card transactions. Typically, bank transfers take around 5 to 7 business days to process, while credit and debit transactions take 4 business days.

TurboTenant Review: TurboTenant Pros

• TurboTenant is a user-friendly rental listing platform for landlords
• It automatically shares your rental listing on popular rental platforms
• TurboTenant generates an average of 28 leads per listing for landlords
• The platform has a lead management tool that provides contact information for potential tenants
• Their customer support team is available 7 days a week, from 9 am to 6 pm MST.
• The tenant screening process includes criminal background checks, eviction history checks, and credit reports

• TurboTenant also offers a free landlord guidebook and blog with helpful articles and tips.
• Customizable lease agreement templates created by lawyers and landlords are available
• Tenants can pay rent online and submit maintenance requests, streamlining communication between landlords and tenants

TurboTenant Review: TurboTenant Cons

• The lease agreement tool costs $39 per lease
• The free plan has limitations and requires paying a one-time fee for add-on services
• Optional services like renters insurance and rent reporting are not available in all states

TurboTenant Review: Conclusion

TurboTenant provides a range of features and services for landlords to efficiently manage their properties and communicate with tenants. The platform offers a user-friendly rental listing platform, customizable lease agreements, and thorough tenant screening, among other essential tools. While there are some limitations and costs associated with using the platform, the benefits of streamlined communication and efficient property management make it a valuable option for landlords with smaller portfolios or those looking to simplify their rental business. Overall, TurboTenant’s combination of essential features, customizable options, and affordability make it a strong choice for landlords looking for an efficient and effective rental management solution.

TurboTenant Review: FAQs

What Is TurboTenant?

TurboTenant is an online platform, also a property, management software that provides landlords with tools to manage their rental properties more efficiently. It offers a rental listing service that automatically shares the listing with popular rental sites, tenant screening services that help landlords choose reliable tenants, customizable lease agreement templates, and an online rent payment and maintenance request system. TurboTenant aims to simplify the rental process for landlords and tenants alike.

Are you struggling to create lease agreements that meet the legal requirements of your state and protect you from potential tenant problems?

TurboTenant’s state-specific lease agreement templates are designed by both lawyers and landlords to ensure full compliance with the landlord-tenant laws of each state. These templates cover all the necessary provisions required for landlords to stay compliant with state laws. With the use of TurboTenant’s lease agreement wizard, landlords can swiftly create and personalize a rental agreement according to their needs. What’s more, TurboTenant provides landlords with the ability to request e-signatures at no additional cost, making the process faster and more convenient for both parties involved.

Is it difficult to attract potential tenants and generate a high volume of leads by creating appealing rental listings across various rental sites?

TurboTenant offers a convenient solution for creating rental listings and promoting them on over 50 websites, all within a single platform. Additionally, unlike other platforms, TurboTenant offers this service for free, with no limitations on the number of properties listed. On average, landlords who use TurboTenant receive 28 leads per listing.

In fear of getting bad tenants?

TurboTenant streamlines the process of screening renters, allowing landlords to obtain credit, criminal, and eviction reports within 5 minutes to promptly assess a potential tenant’s eligibility. Additionally, TurboTenant offers income insights to verify the information provided on a tenant’s application.

Who Generally Uses TurboTenant?

TurboTenant is used by landlords and property managers who want to streamline their rental property management process. Whether you own a single rental property or a large portfolio, TurboTenant provides a range of tools to help you market your property, screen tenants, and manage your rental agreements. The platform is designed to be user-friendly and accessible, even for those with little to no experience in property management.

What is the 2% rule of real estate?

The 2% rule in real estate is a guideline used by real estate investors to determine if a rental property is a good investment. It suggests that a rental property’s monthly rent should be at least 2% of the purchase price. For example, if you buy a property for $100,000, the monthly rent should be at least $2,000. This rule can help investors quickly identify potentially profitable properties and narrow down their search. However, it is important to note that the 2% rule is just a guideline, and other factors such as location, expenses, and market trends should also be considered before making any investment decisions.