Property management software

The back office
for property management.

Every payment matched. Every site visit on the record. Every owner paid right.

Your existing payment rails never change hands · about 30 minutes to set up

M-Pesa · KES 45,000

Ref QGR7X4K2 · +254 7•• ••• 218

Matched

Unit B4 · Kilimani Heights · tenant John K.

Owner statement · March

Sent

Amina H. · 40% of Kilimani Heights

Rent share: KES 180,000
Non-resident WHT (30%): − KES 54,000
Net to owner: KES 126,000

KRA-ready · Sec.35(1)(c)

Our first market: Kenya — where the back office is being mandated first

2025

KRA launched eRITS

Connects landlords and property managers/agents directly to KRA's compliance rail. EY tax alert

30%

WHT under Sec.35(1)(c)

If you collect rent for a non-resident landlord, you're the one who must withhold — any person paying rent to a non-resident is the withholding agent. KRA

2026

Finance Bill

Sharpens enforcement on foreign-landlord rent. The agent wears the audit risk. Kenyans.co.ke

The problem

Your agency has 200 doors, eight non-resident landlords, and an Excel sheet that won't survive an audit.

Every month, your team reconciles M-Pesa Paybill messages against tenant ledgers, computes withholding for diaspora landlords by hand, and emails owner statements that bounce because formatting broke in Excel. KRA just digitised the whole pipeline. You haven't.

M-Pesa reconciliation hell

Spending days matching M-Pesa transaction messages to specific tenants across multiple landlords' Paybills. Industry-acknowledged pain — see PMS.co.ke, Kayapro360, Nyumba Zetu marketing.

Sec.35(1)(c) audit risk

30% WHT on every non-resident landlord's rent. The AGENT is the statutory withholding agent — not the tenant. Andersen Kenya, CM Advocates, RSM Kenya all confirm.

Owner-statement chaos at scale

200 doors × 30 landlords × monthly statements = a part-time job for someone in your office. Errors propagate; trust erodes.

Caretaker accountability gap

On-the-ground vendors and caretakers report verbally. No photo trail, no GPS, no chain of custody on petty cash. Bomahut's own blog enumerates the fraud patterns.

Sources: KRA · Andersen Kenya · CM Advocates · RSM Kenya (PDF) · Bomahut on caretaker fraud

The solution

What a back office actually has to do.

Everyone else ships a tool. Tenantree ships the back office: a multi-tenant ledger, a caretaker accountability layer, and an owner-payout system, wired together. Three jobs, done end to end.

Every payment matched.

Per-landlord rails on day one — M-Pesa Paybill auto-match in Kenya, Paystack and direct-bank on the roadmap. Read-only on money: your existing accounts never change hands. The reconciliation inbox closes itself.

Every site visit on the record.

Caretakers, inspectors, and vendors check in over WhatsApp — no app to install. Photo + GPS + timestamp on every visit, attached to the unit and the next owner statement. One-tap approval from the landlord. The evidence trail competitors don't ship.

Every owner paid right.

Multi-tenant ledger from day one — one agency, hundreds of landlords. Multi-currency owner statements with Stripe-style amend / void / re-issue. Magic-link portals so each owner sees their own roll-up. In Kenya: Sec.35 non-resident WHT done for you, iTax MRI export, eRITS-ready.

What only Tenantree does

Caretaker accountability,
on WhatsApp.

Reminders on WhatsApp are commodity — Bomahut, Kodi, Nyumba Zetu all do them. None of them give you photo + GPS proof of every caretaker visit, with one-tap approval. That's the moat.

1 Caretaker texts INSPECT — no app to install.
2 WhatsApp opens a checklist + photo picker + native location share.
3 You see it land — with photo, GPS, timestamp — and tap Approve / Reject. From your sofa in Dubai or your shop in Westlands.

Built on Meta's official WhatsApp Cloud API. Free for tenants and caretakers — they just use the WhatsApp they already have.

Tenantree Estates · agency

online

INSPECT 10:14 ✓✓

Inspection · Tenantree

Tap to start your inspection.

exterior

leak

-1.2647, 36.8011 · Kilimani Heights B4 10:18 ✓✓

For approval · Tenantree

New inspection · Unit B4 · Kilimani Heights
By Mary W. · photos + GPS attached

✓ Approved. The team has been notified. 10:19 ✓✓

3,210

caretaker actions logged with photo + GPS, last 30 days (per typical agency)

< 5s

median time from caretaker submit to landlord one-tap approval

The category

B2B property-management SaaS is a public-market category.
Africa has no equivalent. Yet.

Public · NASDAQ:APPF

$951M

AppFolio revenue · FY2025

20,784 customers · 9.4M units. IR

Acquired 2019

$580M

Buildium · cash to RealPage

~2M units · 17K customers. HousingWire

PE-bid · 2025

$10B

MRI Software exit target

~$1B revenue · Harvest, TA, GI as PE owners. Reuters

Africa proptech · 2025

+3,650%

YoY funding growth · H1 2025

Nawy (Egypt) took $52M Series A in May. TechCrunch

Africa-mirrors of public US SaaS categories have been the venture playbook for a decade — Flutterwave (Stripe), Andela (Toptal), Twiga (Sysco). B2B property-management SaaS is the next one. Tenantree is built for it.

Where we're starting

Five agencies. One square mile. Westlands, Nairobi.

We're beginning where the pain is sharpest: licensed Nairobi agencies already managing doors for owners abroad, already on the hook for the non-resident tax, already losing days to reconciliation. Win here first, then expand across the continent.

Knight Frank Kenya

Lion Place, Waiyaki Way

>5M sq ft commercial · 514 residential units (Vipingo) · 150-unit Riverside Park.

Source

HassConsult

ABC Place, Waiyaki Way

10,000+ development units cited on company materials.

Source

Lloyd Masika

Nairobi

>1M sq ft commercial + ~800 residential · ~1,500 tenants.

Source

Pam Golding Kenya

Nairobi

379 active listings · 1,012 in trailing 12 months.

Source

Geographic concentration: Knight Frank · HassConsult · RE/MAX Professionals · Villa Care · Dunhill — all within ~1.5km on / off Waiyaki & Rhapta Rd. EARB statutory licensing (2025 gazette) makes the address book canonical.

Pricing

You pay for doors. Everything else is included.

Reconciliation, owner statements, caretaker evidence, reports — on every plan. Monthly, in KES. No money custody: your M-Pesa, Paystack, and bank rails never change hands.

Founding offer

Start free for 7 days, then KES 1,000/mo across months 1–3.

Founding members keep 25% off their band for a full year. Compliance add-on free during your trial + promo.

Starter

KES 4,000/mo

Up to 100 doors · 5 seats. Full toolkit.

For agency operators

Every existing KE option is built landlord-first — a single landlord with a handful of units. Tenantree's ledger, RBAC, and ownership-share machinery were built for agencies (one organisation, hundreds of landlord clients) from day one. We're the only agency-native option, and we're the only one with Sec.35(1)(c) WHT-NRL automation.

Nothing — that's the point. Your landlord clients keep their own Paybills; tenants pay them direct; the C2B Confirmation URL routes a webhook to Tenantree, which reads the transaction and matches it against the expected rent. Money never touches us. No CBK / FCA / SARS licensing question.

When a non-resident landlord is flagged in Settings, Tenantree auto-applies the 30% WHT rate (env-configurable for the Finance Bill 2026 change) to their tenants' rent. Each month you generate a CSV with per-property, per-currency totals, the tenant's KRA PIN, the agency's PIN, and the 20th-of-next-month deadline. Drop it into iTax. eRITS API integration is the next module.

They never download an app or create an account. WhatsApp Flows look like a normal interactive WhatsApp message. Photos, GPS, and structured checklists land in S3 with timestamps, attached to the unit and the next owner statement. If a caretaker won't engage even with WhatsApp, that signal itself is valuable.

30 minutes for the agency seat, ~5 minutes per landlord onboarding (KRA PIN, Paybill linkage, owner contact info), and tenants are imported via CSV. We'll sit with you for the first onboarding free.

Monthly, in Kenyan shillings. You pay for door capacity — Starter (≤100 doors) KES 4,000, Growth (≤300) KES 8,000, Scale (≤1,000) KES 15,000 — and every band includes the full toolkit. New agencies start with a 7-day free trial, then KES 1,000/mo for three months, then their band (founding members keep 25% off for a year). Compliance is an optional +KES 3,000/mo add-on.

We import from CSV (tenants, properties, owners) and run side-by-side for a billing cycle. Month-to-month — no lock-in. We'd rather lose a customer than trap one. Your historical price is grandfathered if we ever reprice.

Get the back office your agency was supposed to have.

Match every payment. Audit every visit. Pay every owner right.

Questions first? Email hi@tenantree.app.

The back officefor property management.

Your agency has 200 doors, eight non-resident landlords, and an Excel sheet that won't survive an audit.

M-Pesa reconciliation hell

Sec.35(1)(c) audit risk

Owner-statement chaos at scale

Caretaker accountability gap

What a back office actually has to do.

Every payment matched.

Every site visit on the record.

Every owner paid right.

Caretaker accountability,on WhatsApp.

B2B property-management SaaS is a public-market category.Africa has no equivalent. Yet.

Five agencies. One square mile. Westlands, Nairobi.

Knight Frank Kenya

HassConsult

Lloyd Masika

Pam Golding Kenya

You pay for doors. Everything else is included.

For agency operators

Get the back office your agency was supposed to have.

The back office
for property management.

Caretaker accountability,
on WhatsApp.

B2B property-management SaaS is a public-market category.
Africa has no equivalent. Yet.