One dashboard for every space
For small multifamily owners and house hackers
Small buildings carry a big share of the rental market: about 46% of US rental units are in properties with one to four units, and only about 22% of those small properties are professionally managed, according to the 2021 Rental Housing Finance Survey from the Census Bureau and HUD. Most owners do it themselves, sometimes from the unit next door. RentMerchant sets the building up as one property with a unit for each door, so every tenant has their own rent, lease, and ledger, and you see the whole building on one screen.
Every unit on its own clock
Different tenants, different move-in dates, different rents. A spreadsheet of who paid for which unit works until two checks show up on the same day.
Repairs land on your phone at all hours
A leak in one unit can become a problem in the unit below. Requests that arrive by text and hallway conversation are easy to lose and hard to look back on.
You live there too
When you house hack, your tenants are your neighbors. Friendly is good, but rent and repairs need a process that does not depend on catching each other in the hallway.
One property, a unit for each door
Add the building once with a unit for each apartment, then give each tenant a recurring monthly invoice for their own rent on their own due date. Invoices go out on their own, reminders and late fees follow your rules, and tenants pay by bank transfer or card. The free plan covers up to three properties with unlimited units, so a fourplex costs nothing to run.
Separate leases, tracked maintenance
Send each tenant their own lease for e-signature and keep it in their file. Tenants submit maintenance requests from the portal, so every repair has a record of when it came in and where it stands, and messaging keeps the back-and-forth in one thread.
Tax time for the whole building
Every payment, online or recorded by hand, lands on the right tenant's ledger. Log expenses for the building as you go and export a Schedule E summary at year end, with reports and CSV exports when your tax preparer wants detail. If you live in one of the units, ask a tax professional how to split shared costs between the rental and personal portions.
Common spaces
Duplexes, triplexes, fourplexes, side-by-side and up-and-down two-families, owner-occupied house hacks, and small walk-up buildings with a handful of doors.
RentMerchant works for many kinds of space. See everything it does, or how landlords collect rent online.
One dashboard for every space
It is free for up to three properties, and your tenants can pay by bank or card right away.
Create your free accountIndependent landlords use RentMerchant to get paid on time, every month.
