RESI - Hybrid Owner-Managed Ecosystem by Simply Do It
The Background to Starting RESI
For a DEMO
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As you know, property management companies are a crucial part of Simply Do It and essential for successfully investing in remote long-term rentals. That being said, for over 20 years, there hasn’t been a single week where we at Simply Do It haven’t had to assist clients with property management-related issues. We gladly do so because we understand how important this support is for you as an investor.
Over the years, we’ve noticed—and I’m sure you have too—that many property management companies struggle with inefficiencies that ultimately lead to higher expenses for owners. While we’ve worked hard to help improve operations for many property management companies to benefit our clients, we haven’t always been successful. There are still many challenges that directly impact you as an owner, which I’ll outline below.
After years of hearing your concerns, understanding your frustrations, and personally experiencing these inefficiencies, I decided it’s time for an alternative—a better way for you to manage your properties.
That’s why I created RESI—a hybrid ecosystem designed specifically for Simply Do It clients as an alternative to traditional property management.
To be clear, we will continue working with property managers as we always have—that model isn’t going anywhere. But RESI is here for owners who want more control, efficiency, and transparency in managing their properties, without relying on traditional property management companies.
This is about giving you options and helping you take a more proactive role in your investments. Stay tuned for more details on how RESI can work for you!
Main Areas RESI is Will Shine for You
Savings #1 – Faster Leasing with RESI
One of the biggest inefficiencies in traditional property management—especially during tenant turnovers—is the step-by-step approach they follow. In this model, each step must be completed before the next one begins, leading to unnecessary delays. Many days are lost due to administrative hold-ups or waiting for vendors to become available, and before you know it, vacancy days pile up—costing you money.
With RESI, we’ve completely restructured the leasing process. We’ve broken it down into multiple steps, identified which tasks can run in parallel, and even pinpointed steps that can begin before the property is vacant. This proactive approach significantly reduces downtime and speeds up the entire leasing cycle.
It’s important to note that this new, streamlined process won’t apply in every turnover scenario. However, we believe it will be effective in at least 70% of cases, while the remaining 30% may still require the traditional property management approach. Keep in mind that traditional property managers optimize their processes to serve their organization—not necessarily to serve the owner.
With RESI, the focus is on maximizing efficiency and reducing vacancy time, ultimately helping owners like you increase cash flow and minimize unnecessary losses.
Know Your Tenant – Full Transparency with RESI
Understanding who is moving into your property is crucial, yet most traditional property management companies do not share tenant details with owners due to state laws and regulations. In most cases, owners receive only general information about the tenant and typically have no say in approving or denying a specific applicant—unless there are special circumstances in the lease.
With RESI, we’ve built a transparent tenant screening process directly into our system. Our applicants undergo credit and background checks, and unlike traditional property managers, owners have full visibility into these reports. This means you get to review the results and make an informed decision before signing a lease.
RESI puts control back in the hands of the owner, ensuring you’re comfortable with who is living in your property.
Savings #2 – Put an End to Unapproved Expenses with RESI
As a RESI owner, you have full control and oversight over all property expenses. The days of unexpected charges, unapproved expenses, or costs exceeding estimates are over.
With RESI, nothing gets spent without your approval—ensuring complete transparency and keeping your investment finances exactly where they should be: in your hands.
Savings #3 – No More Maintenance Markups with RESI
Most property management companies add a 15% (or more) markup on maintenance and repair costs—an unnecessary expense that eats into your bottom line.
With RESI, you deal directly with contractors and technicians for maintenance requests. No middleman, no hidden fees. The price you negotiate is the price you pay—100% transparency, zero markups.
Introducing the Leasing Specialist – A Smarter Approach to Renewals & Listings
Recognizing the need for a better, more efficient leasing process, RESI has redesigned the way properties are listed and leased. As part of this improvement, we’ve introduced a new role: The Leasing Specialist.
RESI connects you with a local leasing specialist who understands and follows RESI’s leasing protocol. This ensures greater transparency, improved communication, and better decision-making throughout the leasing process.
Additionally, RESI integrates the leasing specialist into a comprehensive leasing strategy—starting before the current tenant moves out and continuing through the move-in process. This proactive approach minimizes vacancy time, optimizes tenant placement, and enhances overall leasing efficiency.
The Leasing Specialist role in RESI goes beyond that of a traditional leasing agent employed by a property management company.
Saving #3 – Better Control Over Security Deposit Refunds
With RESI, owners have greater control over security deposit refunds, ensuring deductions are made based on actual property conditions. Unlike traditional property management models, where decisions are often made without owner input, RESI allows owners to determine which items should be deducted at their discretion.
This means that, when necessary, no refund or only a partial refund may be issued to the outgoing tenant—ensuring that repair costs and damages are properly accounted for. You make the call, not the management company.
Saving #4 – Simple, Transparent Fees
Instead of paying an ~8% monthly management fee (plus occasional additional charges), owners with RESI will now enjoy a flat, predictable rate—just $85 per month per door.
No hidden fees. No surprises. Just straightforward pricing that keeps more money in your pocket.
No More Chasing Info & Updates – Stay in Control with RESI
With RESI, the owner is in the driver’s seat—fully in control of the property, with all information flowing directly into the system and straight to you.
No more endless follow-ups, unanswered questions, or chasing property managers to confirm if a task was completed. With RESI, everything is tracked, transparent, and accessible, so you always know what’s happening without the hassle.
Your Rent. Your Money. Paid Directly to You.
No more waiting days for a property manager to transfer your rent after they’ve collected it. With RESI, rent flows directly from the tenant to you—no delays, no middleman, no unnecessary hold-ups.
It’s your rent, and you get it immediately.
Everything in One Place – Total Property Management Made Simple
With RESI, all your properties—across different locations—are consolidated in one central hub. From maintenance requests and leases to marketing and accounting, everything is easily accessible in a single platform.
No more jumping between multiple apps to track different aspects of your properties. Plus, you can grant limited access to key players like listing specialists, vendors, or others, ensuring seamless collaboration without compromising control.
Savings, Savings, Savings – Lowering Expenses Across the Ownership Facets
Property management companies aren’t the enemy—they simply rely on outdated methods that lead to significant inefficiencies. Imagine a well-established water pipe riddled with small leaks: patching one or two leaks hardly makes a dent in overall performance, whereas replacing the entire pipe would be far more effective. Yet, for many companies accustomed to their current systems, a full overhaul is a daunting prospect.
That’s where RESI comes in. Our approach is like introducing a new type of water pipe—not perfect, but designed to dramatically improve systems and processes. By addressing multiple inefficiencies at once, RESI can deliver a direct, meaningful impact on your bottom line.
One system. One Dashboard. Consolidated
Many property owners often struggle with organization and tracking the various aspects of managing rental properties. Typically, this involves juggling multiple applications just to keep everything running smoothly. The powerful software we use at RESI changes that by offering a single dashboard that consolidates everything—from marketing and listings to leases, maintenance requests, tenant and vendor portals, accounting, and more. This integrated approach makes it easier to stay organized, work more efficiently, and effectively track your entire portfolio, especially if you own multiple properties.
Extensive Vendor List
Many property owners often struggle with organization and tracking the various aspects of managing rental properties. Typically, this involves juggling multiple applications just to keep everything running smoothly. The powerful software we use at RESI changes that by offering a single dashboard that consolidates everything—from marketing and listings to leases, maintenance requests, tenant and vendor portals, accounting, and more. This integrated approach makes it easier to stay organized, work more efficiently, and effectively track your entire portfolio, especially if you own multiple properties.
Of course, you’re always welcome to use your own vendors if you prefer—there’s no obligation to choose from our list. And we continually update and expand our vendor network to make sure you have the best resources at your fingertips.
Coming Soon – Additional Services
As RESI usage grows, we’re plan to add two additional services designed to further support property owners. In the near future, we will be introducing a Maintenance Coordinator and a RESI Super User. These roles are intended to provide you with even more assistance, reducing your need to be actively-involved by offering trusted resources to manage key aspects of your portfolio.
Is RESI Right for You? Ask Yourself
Before deciding to use RESI, consider the following questions to determine if it’s the right fit for your needs:
- When a tenant submits a maintenance request, are you prepared to ensure it gets handled?
- Will you be available to respond promptly when tenants reach out with questions or maintenance issues?
- If a rent payment is missed, are you ready to take immediate action to address the situation?
- Do you have the confidence and skills to navigate property-related challenges or know who to contact for help with both simple and complex issues?
- Are you ok with having frequent communication with technicians and vendors?
- Are you ok with being the first point of contact for tenant’s issues?
- Does your work-life schedule allow you the flexibility to be available address property issues promptly?
- Do you feel overly involved in the daily operations of your property, even with a property manager on board?
If you find yourself answering “yes” to these questions, RESI might be the ideal solution to streamline your property management process.
Your (Main) Next Steps
- Review your current property management agreement and ensure you understand the termination clause before proceeding.
- Terminate your agreement with your current property manager.
- Inform SDI that you would like to transition to RESI and specify your desired timeline.
- Sign the RESI agreement.
- Complete the onboarding process, which may involve several steps in RESI’s back-office to set up your account and property on the platform.
- Ask SDI for tips and suggestions on setting up your owner-management operations to ensure you’re fully prepared to use RESI and communicate with your tenants.
- If needed, request that SDI connect you with a local leasing specialist for upcoming leasing activities.
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