–by Sylvania AdVantage Staff
PUBLICATION DATE: Feb 19, 2019

Real estate investors Dina and Ben Lynch thought there should be a better way to incorporate technology into their rental business to save time, be more efficient and add convenience for their tenants.
“We have been real estate investors for several years and we have been buying single-family homes and renting them. As self-managing landlords, we do everything ourselves and found we were spending hours a month just trying to collect rent. Between texting, calling and driving around, the time spent really added up,” Dina Lynch stated.
She continued, “Ben has technology expertise and I have a strong business and management background. We decided to combine our skills and use our experience as landlords to start a tech company here in northwest Ohio and design a software that would help us as well as other DIY (do it yourself) landlords better manage their rental business.”
When the two began to focus their efforts on that concept over a year ago, they created RentMindMe.com, a mobile-friendly, online property management software.
“Because we are landlords, we have been able to test the app with our tenants,” she reported. “And, they all love it. With just a few clicks on their phone, tenants can report problems and request maintenance so it can be addressed quickly. They are able to easily view copies of their lease as well as key lease details like late fees, so there are no surprises. The best part is that they receive automated email reminders a few days prior to their rent due date, as well as the day its due. They simply click a button and rent is paid. They even have the option to set up recurring payments so they can ‘set and forget’,” Ben Lynch said. “The automatic reminders have been great for us as landlords. We no longer have to chase after rent and several of our tenants even pay early!”
He added, “Our tenants are happy because it’s convenient and easy.”
“It has a lot of other great features so landlords can keep all the important information about their properties in one place. They can get instant access to things like payment history and occupancy rates so they can track how their investments are performing. We also found that it has significantly improved our tenant relations. They appreciate us giving them a tool to make renting easier, and good tenant relations equates to longer tenant relationships, which is a win-win,” Mrs. Lynch said. “Almost everyone has a smartphone these days, regardless of their age, so getting our tenants onboard was super easy.”
RentMindMe.com advantages include automatic rent reminders, online rent collection, automatic late fee calculations, photo and document sharing, maintenance requests and data reporting. For landlords, the ease in rent collection can result in improved cash flow and improved communication with their tenants resulting in better tenant retention.
“We’ve also designed the app to present data that can be used for investor and/or banker presentations. Our goal was to provide more than just rent collection, we wanted to give landlords the tools to create business systems,” Mr. Lynch noted.
“The real estate industry has been one of the last to embrace technology so this has been quite exciting to launch,” the two agreed.