Property management software company Rentec Direct, appears on the Inc. 5000 for the 8th year in a row and is the only Southern Oregon company to be named on the Inc. 5000 list this year. While making the list is a great honor, what does it mean for our clients? Find out what it takes to be named on the Inc. 5000 list and what it means for the future of Rentec Direct.
We are proud to announce that Rentec Direct has been named to the Inc. 5000 list, again this year. This marks eight consecutive years on the list. Rentec Direct was the only company in Southern Oregon named on the list this year, and we remain the only rural Oregon-based company to make the list every year since 2017.
What is the Inc. 5000?
Inc. Magazine’s Inc. 5000 list is an annual list featuring the most prestigious ranking of the nation’s fastest-growing private companies. Admittance to the list is competitive and a huge honor, and because the list is based on company growth, getting onto the list as a repeat honoree is an even bigger accomplishment.
Making the list consecutively for eight years is extremely rare and a testament to the stability and growth of the company.
According to Inc., the Inc. 5000 class of 2024 represents companies that have driven rapid revenue growth while navigating inflationary pressure, the rising costs of capital, and seemingly intractable hiring challenges. In all, this year’s Inc. 5000 companies have added 874,458 jobs to the economy over the past three years.
How does a company get selected for the Inc. 5000?
To be eligible for the Inc. 5000, a company must be privately held, for profit, and independent (not a subsidiary or a division of another company) and have specific growth and revenue markers.
“One of the greatest joys of my job is going through the Inc. 5000 list,” says Mike Hofman, who recently joined Inc. as editor-in-chief. “To see all of the intriguing and surprising ways that companies are transforming sectors, from health care and AI to apparel and pet food, is fascinating for me as a journalist and storyteller. Congratulations to this year’s honorees, as well, for growing their businesses fast despite the economic disruption we all faced over the past three years, from supply chain woes to inflation to changes in the workforce.”
What does making it on the list mean for our clients?
Rentec Direct has made the list as one of the most successful independent small businesses. Microsoft, Meta, Chobani, Under Armour, Timberland, Oracle, Patagonia, and many other household-name brands gained their first national exposure as honorees on the Inc. 5000.
We Remain Client-Focused
Rentec Direct is proud to be privately owned with no outside investors; this allows us to make choices that best serve our clients rather than pad an investor’s pocketbook. Our continued presence on the list shows that we’ve accomplished what many organizations have deemed impossible; eight years of growth while remaining privately-owned and customer-focused.
Our company was founded because, as landlord, I simply wanted to streamline my property management tasks. I found that as I grew my portfolio, small tasks of tracking rent, communicating with tenants, and other daily chores overtook the day. Rentec Direct was born out of a desire to make rental management easy and save property managers and landlords time.
I still own and operate Rentec Direct with this goal in mind. I’m actively involved in personally developing new features that will ensure time-savings for our clients. Our development team looks at new features through the lens of my own rental portfolio, as well as client requests, and we consider what features will pay back in time-savings for those managing rentals.
I personally created the AI Listing Generator for Rentec Direct, making us the first property management software to incorporate AI. This feature creates instant property descriptions for your rental listings, turning a 10-30 minute process into one that takes no time at all. This kind of industry experience and quick turnaround for innovative integrations can’t happen when a board of investors begins steering the helm with a profit-first mentality. In my opinion, privately-owned software is the only kind of software with the ability to truly stay purely client-focused.
We Remain Stable and Trusted
Financial stability is vital in a software company. We know our clients want to ensure that their data is safe and secure and that you won’t have to worry about needing to switch to a new software at the drop of a hat because of poor investor choices. Presence on the Inc. 5000 list for one year, shows a secure and growing revenue stream. The honor of making it on the list year-after-year shows incredible growth and an inspiring dedication to innovation within the industry.
What is next for Rentec Direct?
Rentec Direct will continue to grow and serve our clients better than ever before. We remain privately owned, and our team has made it a priority to understand the day-to-day jobs of landlords and property managers. We remain client-focused and will continue to set ourselves apart by ensuring we have the expertise needed to guide you through all of your questions with the software.
Our success and onboarding teams have always been experts in the industry, with most of our staff coming from a background in property management, finance, or accounting. The majority of our team members have also taken the 60-hour property management license training, making us one of the industry’s most educated property management software teams out there.
Learn more: Rentec Direct Employees Complete Oregon Property Management License Training
Other Rentec Direct Awards:
While our placement on the Inc. 5,000 is prestigious and something to celebrate, it is not the only notable accomplishment this year. In 2024 alone, Rentec Direct was also honored with three Stevie® Awards in the 2024 American Business Awards® and named one of the 100 Best Companies To Work For In Oregon.
To find out more about Rentec Direct’s awards and accolades, check out the Rentec Direct Awards page.
