TurboTenant acquires REI Hub

FORT COLLINS — TurboTenant Inc., which provides software for rental property management, has acquired REI Hub, which provides rental property accounting software. 

The acquisition provides “independent landlords with an expanded suite of tools designed to simplify the self-management of rental properties,” according to a press release.

“Given TurboTenant’s dedication to streamlining every aspect of property management, acquiring REI Hub was a natural next step,” Seamus Nally, CEO of TurboTenant, said in a prepared statement. “We share a common vision of facilitating seamless property management that allows landlords to maximize their investments while minimizing the complexities of being small business owners.”

REI Hub was founded in 2018 and has served more than 15,000 landlords, both directly and as an add-on purchase through rental property management platforms, including RentRedi and TurboTenant.

“REI Hub is thrilled to join the TurboTenant team,” Jon Carrier, co-founder of REI Hub, said in a prepared statement. “This acquisition reflects our collective commitment to empowering property owners with comprehensive solutions tailored to their unique needs. We’re excited about what we can achieve together.”

REI Hub will continue to provide support to RentRedi and other clients.

“We look forward to serving all of our customers — including those from RentRedi, short-term rental operators, and investors utilizing professional management — as we work towards our goal of helping landlords run better small businesses,” Carrier said.

TurboTenant intends to bundle its TurboTenant Premium subscription with an REI Hub subscription, potentially generating savings for clients, the company said.

TurboTenant’s software enables rental applications, tenant screening, property marketing, maintenance management, lease agreements, online rent collection and other features.

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