This startup operates an online marketplace that connects property investors with local, independent property managers for tenant and property management services. By facilitating direct access to experienced managers, the platform enhances transparency and reduces costs in property leasing.
Funding
$270K raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Many property investors struggle to find reliable, local property managers, leading to inconsistent service quality, communication issues, and difficulty maximizing rental returns. Traditional property management often lacks transparency, leaving owners with limited visibility into their property's performance and financial reporting.
Solution
Rent360 is a property management agency that connects property investors with experienced, local property managers, providing a full suite of services to maximize rental returns and streamline property management. The company assigns each client a senior, dedicated Investor Support Manager and leverages technology to provide transparent and personalized service. Rent360 offers an owner portal that provides 24/7 access to investment property performance data, including tenant information, rent collection, inspection reports, maintenance updates, and financial reporting. They also handle the entire property management transfer process, including advising the current agent and tenant introductions.
Target Audience
Rent360 serves property investors seeking professional property management services to maximize rental income and minimize the hassles of property ownership.
Features
- Senior, dedicated property managers with a minimum of 5 years of experience
- Tenant screening through a national tenancy database
- Preparation of detailed condition reports with photos and videos
- Coordination of maintenance and repairs with vetted contractors
- Rent collection and disbursement
- Payment of property-related expenses (council rates, water rates, insurance)
- Regular property inspections with written assessments and tenant feedback
- Preparation and attendance at administrative tribunals
- Market analysis and rent adjustments
- 24/7 access to an owner portal with real-time property performance data
- Digital signing of management agreements
- Premium listings on realestate.com.au and Domain
- 360° virtual tours and interactive floor plans