Tenant Finder/Communications App Business

2 Tenant Finder/Communications App Business Success Stories [2024]

Pat Walls

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Updated: October 8th, 2024

A tenant finder/communications app is a digital platform designed to help property owners efficiently locate and communicate with potential tenants.

This app streamlines the rental process by providing a user-friendly interface for listing properties, showcasing available units, and facilitating direct communication between landlords and tenants.

It serves as a centralized hub for managing property inquiries, scheduling viewings, and sharing essential information.

The tenant finder/communication app can be a lucrative venture because it addresses the growing demand for streamlined and convenient rental solutions, saving time for both landlords and tenants while potentially generating significant income through subscription models or transaction fees.

In this list, you'll find real-world tenant finder/communications app business success stories and very profitable examples of starting a tenant finder/communications app business that makes money.

1. TenantCloud ($12M/year)

The founder of TenantCloud, who grew up in a small reservation town, became both an investor and a landlord, experiencing the challenges firsthand. Recognizing the need to streamline property management for landlords, they created a product that combines various functions such as rent collection, tenant screening, maintenance scheduling, and accounting all in one platform, catering to the 15 million landlords in the US who own 21 million rentals and house 60 million tenants. With a projected revenue of $15 million in 2021, TenantCloud has achieved profitability and plans to continue growing by making strategic acquisitions in the future.

How much money it makes: $12M/year
How much did it cost to start: $250K
How many people on the team: 130

We Launched A $12M/Year Property Management SaaS For Landlords & Tenants

TenantCloud is a leading property management software designed to assist DIY landlords in managing their rental properties, with revenue projected to reach almost $15 million by the end of 2021.

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2. PEAR Cards ($228K/year)

Matthew Roberts, co-founder of PEAR Cards, came up with the idea for his business after using a set of "Positivity Cards" at a friend's party. Inspired by the meaningful and touching experience, Roberts realized the need for more moments like that in people's lives and set out to create PEAR Cards, a card-based tool/game that initiates positive conversations. With the help of his co-founder and friend, Roberts built the initial version of PEAR Cards, gathered feedback, and launched a successful Kickstarter campaign to fund their production. The brand has since grown through word of mouth, social media, and the support of influential partners like Ad Magic.

How much money it makes: $228K/year
How many people on the team: 1

Raising $19,000 Building a Positive Card Game

PEAR Cards is a card-based tool/game that empowers players to open up and initiate positive conversations, and with the help of Ad Magic, their Kickstarter had an all-or-nothing fundraising goal, which they met with so much support the company is now growing through the power of Twitter and Instagram.

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