Smash the LIKE and check out TenantCloud! Thank you for watching!😀
@ZacCoventry
3 жыл бұрын
Kenton, excellent video, Sir. In 8 brief minutes you convinced me to try Tenant cloud. I have subscribed to your channel. Keep the quality content coming!
@KentonKnows
3 жыл бұрын
So glad to hear you liked it and I’m glad it helped you in your evaluation of the software!
@maggiebrooks5299
3 жыл бұрын
I was looking to switch from my management software to Tenantcloud and was debating...you helped me make up my mind :)
@KentonKnows
3 жыл бұрын
Awesome - so glad it helped you make a more informed decision!
@d.s.5807
3 жыл бұрын
Innago is Light years better than Tenant Cloud
@eagleone8269
3 жыл бұрын
This was so helpful. I've been looking for something like this for a long time
@KentonKnows
3 жыл бұрын
So glad to hear it helped you!
@marissagirard9188
3 жыл бұрын
really useful content, love learning more about TenantCloud! sounds very cool.
@KentonKnows
3 жыл бұрын
Thanks so much!
@tylerroddick3877
2 жыл бұрын
straight to the point, I subscribed and shared! keep it up!
@KentonKnows
2 жыл бұрын
Awesome, thank you!
@CLR-RealEstate
2 жыл бұрын
Great content as always. Thank you, Kenton!
@KentonKnows
2 жыл бұрын
Thanks for watching and commenting, so glad to hear you liked it!
@TamTran-bq2di
3 жыл бұрын
Nice! Maybe one day when I get more than 1 property to leverage this tool properly.
@KentonKnows
3 жыл бұрын
For sure, congrats on one, we all started with our first.
@tashaskinner4469
3 жыл бұрын
Wow! Increadible. Thanks
@KentonKnows
3 жыл бұрын
So glad you found it useful, thank you for watching and commenting! Feel free to reach out if you have any questions as I use it everyday to manage my properties.
@bitflux2
11 ай бұрын
welp, looks like this man knows his stuff, def convinced me to try the platform
@KentonKnows
11 ай бұрын
Thank you!
@dbratslavsky
3 жыл бұрын
How do you handle reconciliation with credit card and bank account expenses? Must you integrate with Quickbooks? What are your thoughts on using Wave App for properties - has the benefit of reconciliation? Thank you!
@KentonKnows
3 жыл бұрын
Good question. I have never heard of wave app, but I'll need to look into it. big picture - tenantcloud is the interface between me and my tenants and I use it to manage my lease dates and tenant payments. Quickbooks integrates with my bank accounts, so they are completely separate. Quickbooks tracks all income and expenses (taxes, mortgage, insurance, repairs, etc.). I match up the income in tenantcloud with the income in quickbooks per property, which is fairly easy, but otherwise I keep them separate. here are a couple videos where I explain it further - here's a video on setting up my banking and accounting - kzitem.info/news/bejne/t6KGv5-wn5qrZ6g here's a video on how I do my tax accounting - kzitem.info/news/bejne/wpyHmquig6qgmno
@JessieRawji
2 жыл бұрын
I enjoyed this explanation. Thank you!
@KentonKnows
2 жыл бұрын
You're very welcome!
@jesuso.changtorres8180
2 жыл бұрын
Great information and down to details. Thank you!
@KentonKnows
2 жыл бұрын
You are welcome - so glad you liked it! Thanks for watching and commenting.
@mkn.567
3 жыл бұрын
Hello, Good detailed video. My situation is particular. 1. It's property in south america. 2. It is two buildings of 3 floors rented as single room occupancy. Is tenant cloud exclusively for multiple individual listings or, based on your experience, can it keep track of individual room units within the same property. Single-room-occupancy is not all that common anymore stateside. I feel like i'm in between worlds. On one side hotels/hostels and on the other condos. Thanks,
@KentonKnows
3 жыл бұрын
First the software is completely free to try out, so definitely try it. In my opinion if you just named the rooms as units it would be exactly the same as a multi-unit building.
@brianfrank3535
2 жыл бұрын
This video is exactly what I needed!
@KentonKnows
2 жыл бұрын
So glad to hear it helped
@KelseyRhodes-yv2rk
5 ай бұрын
Hi Kenton, great review! Just wondering, now 3 years later, if you are still happy with TenantCloud?
@KentonKnows
4 ай бұрын
Yes, absolutely
@Akabogu
5 ай бұрын
Hello Kenton, just found your channel - very good content. One question, I currently own 7 units and looking for the best way to structure my business. Would you still recommend Tenant Cloud & Quick books if you were starting today ? Thanks a lot!
@KentonKnows
3 ай бұрын
Yes, I would still recommend TenantCloud, but I moved from Quickbooks to wave and have found wave works just fine for my accounting. Quickbooks got expensive and is overkill for my business
@Meg.EliteMarketing
Жыл бұрын
Do you do a different LLCs for each location that you have rentals at and is tenant cloud allow you to do those different LLCs in the paperwork?
@KentonKnows
Жыл бұрын
I have a series LLC and each property is in its own LLC. I don’t really do anything in TenantCloud to show who owns each property since I personally own them.
@GotSig1510
2 жыл бұрын
Thanks for the video. I’m growing my realestate business in Chicago and I’ve reached a point were I need assistance to manage my units. I’ll give this a try.
@KentonKnows
2 жыл бұрын
Congrats - I’m in chicago as well! I’m sure you’ll love Tenantcloud
@kentongirard6629
2 жыл бұрын
If you need any help, I’m a real estate broker in Chicago as well!
@stephosky
2 жыл бұрын
This video was very helpful thanks! What online lease signing websites do you use/recommend? Thanks.
@KentonKnows
2 жыл бұрын
I currently use DocHub - it's $59.88 for the year, so less than $5/month if you pay for the year. I am definitely open to looking at others is you hear of another low cost online signing website, but for the price DocHub has worked great for me so far.
@margaretcohen2631
2 жыл бұрын
Hey Kenton, great video! Could you cover the options you tried out before settling on TenantCloud and why you didn't go with them? I'd really appreciate any insights you have into DoorLoop, since that's my #1 contender right now.
@KentonKnows
2 жыл бұрын
I looked at everything I could find at the time I was switching (I switched a couple years ago now). I was using rentecdirect and switched from it when some things changed in terms of fees and I didn't think it was worth it anymore. I personally have not looked at Doorloop, so I unfortunately can't intelligently talk about it that one.
@marklarson4821
3 жыл бұрын
Hey Kenton, thanks for the video...are you still using Tenant Cloud? I have been using it for my property management business in Utah and I like it OK but it frustrates my owners...just wondering if it gets better with use and getting more familiar with it...thanks!
@KentonKnows
3 жыл бұрын
Yes, I am still using it and still think it is the best solution for my needs. I think any program gets better as you gain familiarity with it and become more of an expert with the components you use. I definitely recommend that you reach out to tenantcloud tech support for any issues, they have always been responsive and helpful. I would also question what exactly the owners are looking for as frustration usually is a result of expectations not being met. So, the owners may have unrealistic expectations for the program and if that is the case, they may be perpetually disappointed with any program unless you completely customize it for every owner that wants a specific item, but that probably isn't realistic or worth your time/effort to create that report or information. And if this is the best program for your needs as the manager, you may want to convey that to the owners, I mean after all, if they hired you to manage their property, I would hope they would want you to use the best tools available to you to effective manage their property even if it is a little frustrating on their end.
@michaelbreaux9164
2 жыл бұрын
Great Video. I know you are still using TC. Did you find it was difficult for your tenants to set up on tenant cloud and pay rent?? thanks MIke
@KentonKnows
2 жыл бұрын
yes, I am still using TC. I have not had any tenants have any issues with the application to apply for an apartment through TC (all tenants must complete the application) or rent payment through ACH or using the credit card payment feature - I have some tenants who use those options. I also have a couple tenants that send in checks - I ask that they send at least 3-6 months at a time all dated for the 1st of each month. But the majority of my tenants pay each month through zelle, venmo or paypal.
@michaelk969
2 жыл бұрын
I made my decision about what software to use five years ago on somewhat different criteria. My criteria were reasonable cost for a small landlord, a complete solution with no missing pieces of the PM responsibilities, the ability of the software to grow into managing large properties, good reputation for customer support, long standing reputation of the software. I looked at all the big names like App folio, Buildium, etc. and I found most of them were disqualified on the basis of being too expensive. I did not look into Tenant Cloud. I ended up choosing Rent Manager, which has been around for a long time. The cost is not prohibitive and it is very good for it's standard chart of accounts, flexibility and reporting. I wish you had mentioned the other PM software that you examined but that did not adopt. That would be very useful.
@KentonKnows
2 жыл бұрын
Thanks so much for that feedback.
@Frimpeezzy
Жыл бұрын
I tried to list my property that is still in progress of being built. But Tenantcloud keeps saying that "google can't find my address". Is there another way to go pass it? and how do I get the free version. it looks like I have to make a payment after the 45days trials
@KentonKnows
Жыл бұрын
I think they may no longer have the free version available. I would recommend submitting a help ticket to see if there is a way to input a new address. TenantCloud is usually fairly quick to respond
@maysplays
Жыл бұрын
Hi Kenton, watched your video 2 years ago when you made it. Since then there have been some other great options. Are you still using TenantCloud or have you switched?
@KentonKnows
Жыл бұрын
I’m still using TenantCloud. I still like it and have not found any reason to even consider switching at this point.
@maysplays
Жыл бұрын
@@KentonKnows Thanks Kenton
@zachdavis5854
3 жыл бұрын
Great video are there any feature you wish were on the platform that aren't
@KentonKnows
3 жыл бұрын
Yes, I'd like the number of banks and credit cards it stores to be higher, I believe it only stores up to 6.
@openlygaypuppets7640
3 жыл бұрын
Awesome !!!
@KentonKnows
3 жыл бұрын
So glad you liked it!
@EvandroAlfama1980
3 жыл бұрын
Hi Kenton. I have an older tenant that pays with a paper check, will Tenant Cloud allow me to scan the paper check as a payment option? It sounded like you alluded to it, but I want to make certain as it’s hard to find a clear answer on their site. Thanks!
@KentonKnows
3 жыл бұрын
I have a couple tenants that pay by check and I actually ask that they send me 5 or 6 checks at a time all dated the first of each month, then I can deposit them on the first and I'm not going to the PO Box and no one worries about them being lost in the mail or late. As for scanning - I deposit them with my chase mobile app and just record them as received in TenantCloud. You can upload a copy of the check in the payment section if that is what you are asking, I just don't bother since it will be saved at my bank as well.
@EvandroAlfama1980
3 жыл бұрын
Awesome, thanks!
@NigelHeads
2 жыл бұрын
Just hired a VA to handle my 12 units maintenance requests, rent payments and other headaches. Been looking for something easy to use that allows for automated follow ups and card payments and accepts online applications. I think this is my ticket
@KentonKnows
2 жыл бұрын
Definitely, I've been using it for years and still believe it is the best online software for small property managers and landlords like ourselves.
@jonathanraps7992
2 жыл бұрын
Thank you for your video Kenton, do you know if its available in canada?
@KentonKnows
2 жыл бұрын
You are welcome! It’s online, so yes it’s definitely available in Canada, hope it helps you with your properties.
@karenforget6382
Жыл бұрын
Very helpful! Thanks
@KentonKnows
Жыл бұрын
Glad it was helpful!
@TheMikeGrayTeam
Жыл бұрын
Great video, What main additional reporting features does the paid version offer that the free does not? Been using the free to a couple years myself but find the accounting features to be lacking as I add properties. Thanks!
@NigelHeads
2 жыл бұрын
What specific advantages did you see over Rent Redi? It seems to support most of the features but it’s $20/mo instead of $50/mo for the package I chose on tenant cloud. Interested to hear your thoughts
@KentonKnows
2 жыл бұрын
I did the research to determine which software to choose around 2 years ago and I do not remember even considering Rent Redi, so I can not give an informed opinion on how it compares to TenantCloud. I still use TenantCloud and am very happy with it, but I completely understand that this landscape changes often. However, it is a major task to change your software once you have it fully loaded with a lot of properties, so I'd definitely recommend testing any new software before switching.
@GentlemanStylePodcast
3 жыл бұрын
I might have to reconsider tenant cloud
@KentonKnows
3 жыл бұрын
It's free to sign up, look around in it and see what you think.
@theactiveteam4828
2 жыл бұрын
Does it have a prescreening feature? When I run an ad, I may get 100 people inquiring and I don't want them to have to pay anything, at this first step. Ideally, one could compare a pre-applications and choose the best applicants to get a full screening.
@KentonKnows
2 жыл бұрын
I list my properties on TenantCloud as well as a bunch of other websites - kzitem.info/news/bejne/06ydk2yGi4iZlKQ When people inquire I actually send them a video walk thru along with the requirements. It normally reduces the showings to only those that are really interested. I don’t have anyone apply until after I’ve shown them the apartment. Here is my application video I send to applicants - kzitem.info/news/bejne/pI2jsIyhbqF2lqQ
@broketowntv9363
3 жыл бұрын
Can I charge a application fee of my choice ? On Tenant cloud
@KentonKnows
3 жыл бұрын
Yes. I charge a $50 application fee, which the tenant pays with a credit card when they apply. I receive the full $50 fee in my bank account a day or so later. You can set the fee to whatever you want per listing so it doesn’t have to be the same for all listings.
@broketowntv9363
3 жыл бұрын
@@KentonKnows they apply on the link u provide ? Or on the listing site that tenant Clout gives you??
@KentonKnows
3 жыл бұрын
@@broketowntv9363 tenantcloud provides you with a free website where your listings are at and they also populate your listing on other sites for you. The application link is on your own Tenantcloud website
@broketowntv9363
3 жыл бұрын
@@KentonKnowsok thank u so much I really appreciate it
@broketowntv9363
3 жыл бұрын
@@KentonKnows hey man I was wondering if we can exchange social media’s.
@krismardula
2 жыл бұрын
Great informative video.
@KentonKnows
2 жыл бұрын
Thanks so much for watching and commenting!
@melindaprice4928
2 жыл бұрын
What I was reading (I think) is that free ACH isn't available with the free version of Tenant Cloud...is that true?
@KentonKnows
2 жыл бұрын
Yes, you are correct. You would need to upgrade to a paid plan for free ach. With the free version I accepted checks, Venmo, PayPal and zelle. But with the paid plan, ACH is really nice since you can set it up to receive the payment and transfer it directly into your bank account, so it’s completely automated.
@davidlindgren7605
2 жыл бұрын
@@KentonKnows Kenton, I'm curious to know when you accepted payment s thru Paypal, did you or the tenants pay the fee? As you probably know, a rent payment is a payment for a service, which per Paypal's rules "requires" a fee. Theoretically, a tenant could call their payment a "loan" or personal transaction to a "friend," for which there is no fee due.
@CppObjectOrientedProgrammer
2 жыл бұрын
Great review!
@KentonKnows
2 жыл бұрын
Thanks!
@maureenpetersen3959
3 жыл бұрын
Can I add guest fee or parking fee on Tenant Cloud?
@KentonKnows
3 жыл бұрын
yes, I have a few tenants who I add an extra recurring monthly parking charge for them.
@ericlivingston4816
2 жыл бұрын
Do you also use stessa?
@KentonKnows
2 жыл бұрын
Great question. I really do like Stessa, but I don't use it as I find it to be too rigid for my needs. I also have a real estate brokerage business and I would prefer one accounting system that I can use for all of my businesses and my personal accounting as well, so I use quickbooks. Here is a video on how I set up my businesses, bank accounts and how I use quickbooks - kzitem.info/news/bejne/t6KGv5-wn5qrZ6g
@mrchu8176
Жыл бұрын
ACH still free or is there a fee now, per deduction?
@KentonKnows
Жыл бұрын
I don't personally pay for it, but it may depend on what package you have.
@rafaelramirez4022
3 жыл бұрын
SOLD!
@KentonKnows
3 жыл бұрын
I'm sure you'll like it, feel free to reach out if you have any questions, I use it everyday for my portfolio.
@benkotv2
2 жыл бұрын
How do I edit my photo to JPEG file
@KentonKnows
2 жыл бұрын
I unfortunately am not help support for TenantCloud, I'm just a landlord that uses and recommends the software for other landlords. I recommend that you open a help ticket - their support has always been very helpful to me even before I had a paid subscription with them. They'll get back to you and help you out soon.
@jasondaniels8962
2 жыл бұрын
Not a fan of tenant cloud. App is buggy. Unfortunately I can’t find much well coded apps and systems.
@KentonKnows
2 жыл бұрын
I’ve used it for years, no issues that support didn’t correct for me.
@marcuswilliamsYT
3 жыл бұрын
Are you still using this software to manage your rentals?
@KentonKnows
3 жыл бұрын
yes, I still use it basically everyday to manage all of my properties. I still highly recommend it!
@marcuswilliamsYT
3 жыл бұрын
@@KentonKnows I'll give it a try. If there is a link in your description, I'll be sure to use it!
@KentonKnows
3 жыл бұрын
@@marcuswilliamsYT yes there is a link in the description - thanks. Hope you like it as much as I do!
@shawnlee264
3 жыл бұрын
I need a mentor for charlotte
@KentonKnows
3 жыл бұрын
I am in Chicago and I don't do mentoring, but if you have any questions, I can try to answer them if I don't already have a video on the topic.
@shawnlee264
3 жыл бұрын
What's the quickest way to get into commercial no money? If someone were to find a great deal would you partner with them( hypothetical)
@KentonKnows
3 жыл бұрын
@@shawnlee264 When you find a great deal, then the money and/or a partner with money should not be hard to find. The trouble is finding a deal that both you and your partner will both believe in, meaning the partner may not think it is as good of a deal as you do.
@benkotv2
2 жыл бұрын
Please get back with me ASAP.
@KentonKnows
2 жыл бұрын
Please see my other comment
@carlobicicletta9903
2 жыл бұрын
BEWARE ! The RentRedi interface is not secure!! Your personal information and your tenant's information is not secure! My landlord account was hacked only to learn that RentRedi allowed my bank information to be changed three times within a week without notifying me. Rents were collected in full, redirected and sent to a stranger. Ryan and Ed Barone have gone silent and have stopped communicating. I urge all users to evaluate your risks associated with this flimsy interface and absolutely use another system.
@KentonKnows
2 жыл бұрын
I’m not familiar with RentRedi, so I can’t comment on it. I personally use TenantCloud.
@incognitoNJ
2 жыл бұрын
Not free
@KentonKnows
2 жыл бұрын
Yes, they have changed the rates since I made this video
@hollyj.rehfuss4358
3 жыл бұрын
Hi Kenton, I was using Cozy.co, but can no longer use them, so I am looking for property mgmt software. Are you able to upload bills to tenants thru this platform? As well does it track expenses for your properties?
@KentonKnows
3 жыл бұрын
yes, you can upload bills and things. I normally only put in invoices that are the responsibility of tenants and use quickbooks for my actual accounting software. Here is the video where I describe how I do that - kzitem.info/news/bejne/t6KGv5-wn5qrZ6g
@maggiebrooks5299
3 жыл бұрын
I was looking to switch from my management software to Tenantcloud and was debating...you helped me make up my mind :)
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