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RentWise vs. TurboTenant: What’s the difference?

TurboTenant is built for landlords managing at volume. RentWise is built for self-managing landlords who want to know if their rentals are actually profitable — and never want to lose track of a renewal, a receipt, or a repair.

The short version

RentWise is a fit if…

  • You self-manage 2–9 units and want to know if they’re actually profitable
  • You want AI to read your lease and pull key dates automatically
  • You want financial clarity: NOI, yield metrics, 5-year history, Schedule E export
  • You want a full maintenance paper trail ready for disputes, insurance, or taxes
  • You want your data organized from day one

TurboTenant is a fit if…

  • Higher volume of units and tenant screening is the priority
  • You want a dedicated tenant application and screening workflow
  • You want a broad platform focused on the landlord–tenant relationship
  • Financial clarity and maintenance depth are lower priorities for you

How they compare.

Side by side, on the things that matter most to self-managing landlords.

Feature RentWise TurboTenant
Financial clarity
Full P&L, NOI, 5-year history, yield metrics
Basic income and expense tracking
Cash flow by property
Transactions tied to each property and unit
Less granular reporting
Schedule E export
Accountant-ready Excel export, aligned to Schedule E
No dedicated Schedule E export
AI lease extraction
Upload lease — key dates and terms auto-populate
Manual lease entry
Automated reminders
Renewals, deadlines, action items on dashboard
Lease reminders available
Maintenance tracking
Full issue timeline, receipts, exportable per unit
Basic maintenance tracking
Tenant screeningOn roadmap
Yes — core feature
Tenant portalOn roadmap
Yes — included
Target userSelf-managing landlords, 2–9 unitsAll sizes — tenant management focus
PricingFree during beta (until June 30, 2026)Free base + paid add-ons

Financial clarity

RentWise

Full P&L, NOI, 5-year history, yield metrics

Financial clarity

Basic income and expense tracking

Cash flow by property

RentWise

Transactions tied to each property and unit

Cash flow by property

Less granular reporting

Schedule E export

RentWise

Accountant-ready Excel export, aligned to Schedule E

Schedule E export

No dedicated Schedule E export

AI lease extraction

RentWise

Upload lease — key dates and terms auto-populate

AI lease extraction

Manual lease entry

Automated reminders

RentWise

Renewals, deadlines, action items on dashboard

Automated reminders

Lease reminders available

Maintenance tracking

RentWise

Full issue timeline, receipts, exportable per unit

Maintenance tracking

Basic maintenance tracking

Tenant screening

RentWise

On roadmap

Tenant screening

Yes — core feature

Tenant portal

RentWise

On roadmap

Tenant portal

Yes — included

Target user

RentWise

Self-managing landlords, 2–9 units

Target user

All sizes — tenant management focus

Pricing

RentWise

Free during beta (until June 30, 2026)

Pricing

Free base + paid add-ons

When TurboTenant is the right call.

TurboTenant is built around the landlord–tenant relationship. If tenant screening, applications, and lease signing are the center of your operation — and you’re managing a higher volume of units where those workflows happen frequently — TurboTenant might be a better fit.

It’s free to start, widely used, and has a mature tenant-facing experience. If what you need most is a streamlined way to find and screen tenants, it’s worth a look.

Best for

  • Landlords where tenant turnover is frequent and screening is the primary workflow
  • Operators who want a tenant-facing portal and digital lease signing
  • Those managing a higher volume of units where application workflows happen regularly

When RentWise is the right call.

RentWise is built for self-managing landlords with 2–9 units who want one organized home base for their whole portfolio — not just the tenant-facing side of it. Finances, leases, maintenance, records. All of it, in one place.

If you’ve been running things on spreadsheets, texts, and a Drive folder — and you’ve hit the point where something has slipped, or you genuinely don’t know if your rentals are profitable — RentWise is what you’ve been looking for.

Best for

  • Self-managing landlords with 2–9 units who want real financial clarity
  • Anyone who wants AI to pull key lease dates automatically
  • Anyone who’s had a maintenance dispute and wished they had a better paper trail
  • Landlords who want to know their NOI, yield, and cash flow without a spreadsheet
  • Anyone thinking “I need a system”

Where RentWise goes deeper.

Three things self-managing landlords need that TurboTenant wasn’t built for.

Know if your rentals are actually making you money.

Most self-managing landlords have a rough sense of their cash flow. RentWise gives you the real picture: net operating income, gross yield, net yield, and 5-year performance history — all calculated from your actual data, tied to each property and unit.

  • Portfolio P&L dashboard — income, expenses, and net in one view
  • NOI, gross income, operating expenses, and capex broken out clearly
  • Schedule E–ready export for your accountant — anytime, not just year-end
  • Investment performance: IRR, equity multiple, CAGR (with acquisition cost)

Portfolio · 2025 YTD

Net operating income

+12.4%

NOI

$63,380

Net yield

6.3%

Cash flow

$4,820/mo

PropertyNOIYield
123 Maple St — Unit A$18,4206.8%
47 Birch Ave$12,9405.9%
8 Cedar Ln — Unit 2$9,2105.2%
210 Oak Dr$22,8107.4%

Upload your lease. We’ll read it for you.

Drop in your lease document and RentWise extracts the key details automatically — start date, end date, rent amount, deposit, key clauses. No manual data entry. Review what it found, make any adjustments, and save.

  • AI reads standard residential leases and extracts dates, amounts, and key terms
  • All extracted fields are editable before saving
  • Cuts setup time significantly — useful when migrating from another tool
  • Reduces the risk of missing a renewal date or deposit term

lease_unit_a_2025.pdf

Extracted in 4.2s · 12 fields found

  • TenantSarah MitchellExtracted
  • Start dateJan 1, 2025Extracted
  • End dateDec 31, 2025Extracted
  • Monthly rent$2,150Extracted
  • Security deposit$2,150Extracted

A complete record for every issue. From the first text to the closed ticket.

When a tenant has a maintenance issue, it usually starts as a text. It ends — hopefully — as a resolved ticket with a receipt and a note. In between, things get lost. RentWise keeps the whole timeline in one place, attached to the right unit, ready if you ever need it.

  • Create tickets, categorize issues, and track them to resolution
  • Attach receipts, photos, and notes to each ticket
  • Full timeline per unit — ready for deposit disputes, insurance claims, or taxes
  • Costs tied directly to the property for accurate expense reporting

Kitchen sink — Unit A

Ticket #248 · 123 Maple St

Resolved
  1. Ticket opened

    Mar 4 · Tenant report

  2. Photo attached

    Mar 4 · Leaking faucet

  3. Plumber scheduled

    Mar 5 · Acme Plumbing

  4. Receipt attached

    Mar 6 · $185.00

  5. Resolved

    Mar 6 · Closed

“We used tools like TurboTenant when we were starting out. They were fine for finding tenants. But when we asked ‘are these rentals actually profitable?’ — there was no good answer. That’s why we built RentWise.”
— Thibaut & Paula — Co-founders, RentWise (and self-managing landlords)

Try RentWise free.

No credit card. No commitment. Free until June 30, 2026.