#United States #Austin #Property Management #RentRedi #Ownwell

A Groundbreaking Partnership: Ownwell and RentRedi Join Forces

In an effort to ease the financial burden on landlords, Ownwell, a company specializing in property tax and home expense solutions, has recently announced its partnership with RentRedi, a prominent property management platform. This collaboration aims to provide landlords with unprecedented access to resources that can help lower their property tax bills, a significant expense for many property managers.

Understanding the Partnership

As part of their new alliance, RentRedi users will be able to utilize Ownwell's state-of-the-art property tax appeal service. With a staggering estimate that over 40% of homeowners are currently overpaying on their property taxes, this partnership comes at a crucial moment for landlords who are often unaware of their potential savings. Many have never even thought to challenge their property taxes, leaving money on the table.

Ownwell leverages a dedicated team of licensed property tax experts combined with innovative technology to scrutinize property assessments for inaccuracies and overvaluations. They handle the entire appeal process— from filing to resolution—thus providing landlords with a hassle-free experience. Moreover, Ownwell operates with a contingency-based fee structure, which means landlords pay nothing if their tax bill does not decrease.

Simplified Access for Landlords

To facilitate this process, RentRedi has seamlessly integrated Ownwell’s API into its platform. This integration will allow landlords to receive personalized property tax saving estimates directly from their existing dashboard, simplifying the process of adding this valuable service to their property management toolset. This enhancement ensures that managing properties is not only streamlined but potentially more profitable.

Promoting this partnership will include a variety of channels such as RentRedi's user dashboards, email marketing, and social media platforms. Furthermore, a specially designed co-branded landing page has been created, enabling landlords to review their savings estimates and participate in the enrollment process without any additional hassle.

The Financial Ramifications

Why should landlords pay attention to their property tax bills? Because a small reduction in these taxes can significantly affect the net operating income of a rental property. The savings realized from successful appeals can be transformative, making what was once viewed as a routine expense into a strategic opportunity for enhancing profitability. Each dollar saved on property taxes can boost landlords' bottom lines—a change that requires minimal effort from them, often akin to simply checking their existing dashboard for updates.

Colton Pace, CEO of Ownwell, emphasizes the advantage of working with RentRedi: "Landlords are running a business, and property taxes are often their single largest controllable expense if they appeal. Partnering with RentRedi means we can put real savings in front of landlords right where they're already managing their properties, with zero risk if we don't deliver."

On the same note, Ryan Braone, CEO of RentRedi, expresses the intent behind the partnership, stating, "Landlords come to RentRedi to run their day-to-day operations, and we're always looking for ways to put money back in their pocket without adding work to their plate. This partnership does exactly that; landlords get a real shot at lowering one of their biggest expenses, and it takes about the same effort as checking their dashboard."

About the Companies

Ownwell specializes in aiding property owners to minimize their monthly expenses through property tax appeals, backed by local experts and technological innovations. With their services extending to states like California, Florida, and New York, they confidently offer a savings-or-free guarantee, serving homeowners and rental property owners alike.

RentRedi, recognized on the Inc. 5000 list of fastest-growing companies in the nation, provides landlords everything they need for efficient property management— ranging from tenant screening to maintenance tracking, all within a single platform. Together, these two entities are set to redefine the way landlords manage their properties and tackle expenses.

By embracing this partnership, landlords can now look forward to not just streamlined operations but also real financial benefits that can significantly impact their rental business. Stay tuned as this collaboration continues to unfold, potentially reshaping the property management industry in favor of smart, financially savvy landlords.