Company: Rentec Direct, Grants Pass, OR
Company Description: Rentec Direct is an award-winning property management software company providing a comprehensive management solution for real estate professionals. Since its founding in 2009, the company’s cloud-based software platform has evolved to meet the demands of the changing marketplace, serving more than 25,000 property managers and landlords managing more than 750,000 units across the country.
Nomination Category: Entrepreneur Categories
Nomination Sub Category: Best Entrepreneur - Real Estate
 Nomination Title: Nathan Miller
- Which will you submit for this nomination, an essay of up to 650 words about the achievements of the nominated entrepreneur since January 1 2022, OR a video of up to five (5) minutes about the same? CHOOSE ONE:
An essay of up to 650 words
- If you are submitting a video of up to five (5) minutes in length, provide the URL of the nominated video here, OR attach it to your entry via the "Add Attachments, Videos, or Links to This Entry" link above, through which you may also upload a copy of your video:
- If you are providing an essay of up to 650 words, place it in this space:
Total 650 words used.
When Nathan Miller first began investing in real estate, he found himself frustrated with the lack of software solutions for everyday landlords. In 2007, using his self-taught programming skills, Nathan created a program to meet his own needs and offered it for free to other landlords facing similar problems. Soon, it became apparent that Nathan had met a deep industry need.
As requests for more features and support came rolling in, Nathan left his 9-5 and officially founded Rentec Direct. Rentec Direct is a bootstrapped, debt-free venture that grows 100% organically to this day.
Rentec focuses on small to midsize property managers, a market segment often abandoned by other vendors in the space. Nathan continues work as a software developer at his company, coding new features, testing the software, and engaging with his clients for direct consumer feedback.
Nathan’s recent accomplishments include:
Real Estate
- In 2022, Nathan completed a multifamily workforce housing development project located in downtown Grants Pass, adding new inventory to a community with limited availability. The project is 100% owned and operated by Nathan.
- Collaborates with national and regional housing associations and provides consulting to real estate investors.
Product Development and Acquisitions
- Nathan acquired TrueRent, a full-service property management software system, migrating users to the Rentec platform while integrating complementary TrueRent product offerings for all clients
- Nathan is passionate about security and introduced the industry's first pass-key security account access for property management software.
- Nathan personally developed the AI listing generator for Rentec, making Rentec the first property management software to integrate the technology (May 2023).
- Nathan oversaw his company’s 822 product updates and enhancements since Jan. 2022
Company Growth and Success
- Inc. 5000 for seven years in a row (2017-2023) with an 85% three-year growth
- Since reaching over $10 million in annual revenue, Nathan has declined more than 100 inquiries annually from interested buyers and investors, in order to maintain 100% ownership. Nathan plans to maintain ownership, employ locally, and ensure a personal connection with his team and operations.
Integrations and Industry Collaborations
- Nathan personally evaluates each integration to ensure it will provide value to his clients and others in the industry, like RentReporters, which uses timely rent payments recorded in Rentec to improve renters’ credit scores.
- Since 2022, Nathan facilitated the following major software integrations: Tenant Turner, OpenAI, ShowMojo, Rhino, RentalSource, & RentReporters.
- Nathan is currently collaborating with an MIT professor on research to improve the landlord-tenant relationship.
Thought Leadership and Entrepreneurship
- Nathan is a member of the Forbes Real Estate Council, Entrepreneur Leadership Council, and the Inc. Growth Network, providing regular contributions to Forbes.com, INC.com, and Entreprenuer.com on real estate, investing, and entrepreneurship.
- Nathan shares industry knowledge on numerous podcasts about real estate and entrepreneurship.
- Nathan is a founding member or owner of other software, real estate, and investing companies: VISP.net, 14k Properties, goldspotalert.com.net, and Let’sTalkPM.
Leadership and Community Service
- Nathan serves on the board for the Chamber of Commerce and the Historic Building and Sites Commission. Nathan is committed to economic development, housing, and commerce.
- Personal sponsorship and participation in community service projects that support housing, mental health, veteran affairs, the library, medical research, youth advocacy, early childhood education, and economic development.
- Awarded eight scholarships to computer science undergraduates through the Rentec Direct Tech Mastery Scholarship program, which Nathan founded in 2016.
Company Culture
- Nathan nurtures a collaborative and social company culture for Rentec. Investing in games, equipment and activities that bring his team together. Since 2022, with Nathan's support and participation, employees have hosted ping pong tournaments, corn hole games, cookie decorating contests, rafting trips, and chili cookoffs. In 2024, Rentec was recognized as the 100 Best-Companies to Work for by Oregon Magazine.
Personal
- Nathan is a dad to 3 children and involved in their education, activities, and sports. He's currently mentoring his teenage son to promote his video editing services on freelance platforms, like Fiverr.
- In bullet-list form, briefly summarize up to ten (10) of the chief accomplishments of this nominated entrepreneur since the beginning of 2022.
Total 144 words used.
- Recognized on the Inc. 5000 for the seventh consecutive year with an 85% three-year growth, demonstrating sustainable organic growth.
- Current Board Member of the Chamber of Commerce and the Historic Building and Sites Commission.
- Leads weekly training sessions with each department to remain connected with every aspect of his company and operations.
- Personally developed the industry’s first AI integration into Rentec’s software
- Launched an integration with RentReporters, allowing renters to improve their credit score with automated on-time rent payment reporting to the top credit bureaus.
- Personal sponsorship and participation in community service projects that support housing, mental health, veteran affairs, medical research, youth advocacy, and economic development.
- Recipient of Entrepreneur of the Year and Business Excellence award for leadership, success, and outstanding community service.
- Awarded eight scholarships to computer science undergraduates through the Rentec Direct Tech Mastery Scholarship program, which Nathan founded in 2016.
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