TurboTenant, a rental property management software company, has acquired REI Hub, a rental property accounting software developer. This acquisition will enhance TurboTenant’s offerings by incorporating REI Hub’s advanced accounting features, offering independent landlords a more comprehensive toolset for managing rental properties.
REI Hub, a solution available directly or through third-party property management tools, has served more than 15,000 landlords since its founding in 2018. The company works to make investment property bookkeeping easier and more efficient with preconfigured software for streamlined IRS Schedule E reporting and various bookkeeping tools.
This acquisition supports TurboTenant's goal to simplify property management and maximize landlord investments while minimizing complexities. The company offers a suite of tools including tenant screening, lease agreements and online rent collection. Integrating REI Hub's accounting software into TurboTenant's platform will expand its toolset, enabling landlords to bundle TurboTenant Premium with an REI Hub subscription.
