Skip to main content

TurboTenant Acquires REI Hub

Written by Customer Service on . Posted in Mergers And Acquisitions.

This acquisition enhances the one-stop-shop property management software solution for landlords nationwide.

FORT COLLINS, Colo., Dec. 10, 2024 (GLOBE NEWSWIRE) — TurboTenant, the leading all-in-one rental property management software, has announced its acquisition of REI Hub, the premier rental property accounting software. This strategic move provides independent landlords with an expanded suite of tools designed to simplify the self-management of rental properties.

“Given TurboTenant’s dedication to streamlining every aspect of property management, acquiring REI Hub was a natural next step,” said Seamus Nally, CEO of TurboTenant. “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 since served over 15,000 landlords, both directly and as an add-on purchase through rental property management platforms including RentRedi and TurboTenant.

REI Hub’s software is preconfigured for easy IRS Schedule E reporting, and its rich bookkeeping features make it simple for landlords of all backgrounds to feel confident in their accounting abilities.

“REI Hub is thrilled to join the TurboTenant team,” said Jon Carrier, co-founder of REI Hub. “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 top-tier support to RentRedi and other clients, enabling their users to glean insights into the financial health of their investments on a property-by-property or unit-by-unit basis.

“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,” said Carrier.

By combining their strengths, TurboTenant and REI Hub are set to meet the increasing demand for effective property management solutions as the rental market continues to evolve. In particular, TurboTenant landlords will come out ahead as this acquisition unlocks the opportunity to bundle TurboTenant Premium with an REI Hub subscription for greater cost savings. Rental property owners can start reaping the benefits today by signing up at TurboTenant.com.

About TurboTenant

TurboTenant’s mission is to empower landlords by providing the tools they need to thrive, including insight into industry trends. TurboTenant serves over 700,000 American landlords by offering rental applications, tenant screening, property marketing, maintenance management, lease agreements, online rent collection, and more.

About REI Hub

REI Hub makes and supports accounting software for rental property owners and real estate investors. REI Hub’s mission is to make investment property bookkeeping easier, more efficient, and less stressful.

Please contact press@turbotenant.com or visit turbotenant.com for more information.

Media Contact:
Jonathan Forisha
press@turbotenant.com

Disclaimer & Cookie Notice

Welcome to GOLDEA services for Professionals

Before you continue, please confirm the following:

Professional advisers only

I am a professional adviser and would like to visit the GOLDEA CAPITAL for Professionals website.

Important Notice for Investors:

The services and products offered by Goldalea Capital Ltd. are intended exclusively for professional market participants as defined by applicable laws and regulations. This typically includes institutional investors, qualified investors, and high-net-worth individuals who have sufficient knowledge, experience, resources, and independence to assess the risks of trading on their own.

No Investment Advice:

The information, analyses, and market data provided are for general information purposes only and do not constitute individual investment advice. They should not be construed as a basis for investment decisions and do not take into account the specific investment objectives, financial situation, or individual needs of any recipient.

High Risks:

Trading in financial instruments is associated with significant risks and may result in the complete loss of the invested capital. Goldalea Capital Ltd. accepts no liability for losses incurred as a result of the use of the information provided or the execution of transactions.

Sole Responsibility:

The decision to invest or not to invest is solely the responsibility of the investor. Investors should obtain comprehensive information about the risks involved before making any investment decision and, if necessary, seek independent advice.

No Guarantees:

Goldalea Capital Ltd. makes no warranties or representations as to the accuracy, completeness, or timeliness of the information provided. Markets are subject to constant change, and past performance is not a reliable indicator of future results.

Regional Restrictions:

The services offered by Goldalea Capital Ltd. may not be available to all persons or in all countries. It is the responsibility of the investor to ensure that they are authorized to use the services offered.

Please note: This disclaimer is for general information purposes only and does not replace individual legal or tax advice.