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LandlordStation

LandlordStation launched in 2009, when co-founders Matthew and Trent Anderson recognized that small and mid-sized residential landlords — a fragmented,...

LandlordStation

LandlordStation launched in 2009, when co-founders Matthew and Trent Anderson recognized that small and mid-sized residential landlords — a fragmented, underserved market — lacked affordable tools to manage tenants, payments, and maintenance digitally. The company, based in Dallas, positioned itself as a software-as-a-service platform specifically for the do-it-yourself landlord rather than enterprise property managers. The platform offers a suite of property management tools covering tenant screening, online rent collection via ACH and credit card, maintenance request tracking, and customizable lease agreements. LandlordStation integrates banking and payment processing to facilitate transactions between owners and tenants. The company's geographic footprint is primarily the United States, serving landlords across all 50 states. The product competes with broader platforms like AppFolio and Buildium but historically aimed at lower-volume, self-managing owners. As a bootstrapped SaaS business, LandlordStation has not publicly disclosed external funding rounds or valuation figures. The company's scale metrics — including headcount, recurring revenue, and number of units under management — remain private. No adjacent philanthropic vehicles, co-investment clubs, or real-asset arms have been associated with the Andersons. Recent activity has not been publicly reported in trade publications. LandlordStation's structural differentiator was its early focus on the individual landlord segment, operating with a direct-to-proprietor distribution model long before the broader PropTech movement accelerated. The company remains privately held by its founders, with no indications of outside venture or private equity control — an ownership structure that distinguishes it from institutionally-backed competitors with growth-at-all-costs mandates.

General information

Firm type

other

Year founded

2009

AUM

Undisclosed

Location

Region

North America

Country

United States

City

Dallas

Corporate office

Dallas, TX, United States

Principals

Matthew Anderson

Co-Founder

Trent Anderson

Co-Founder

Sector focus

PropTechEnterprise Software

Frequently asked questions

Who runs LandlordStation?

LandlordStation was co-founded by Matthew Anderson and Trent Anderson, who continue to operate the company. The Andersons built the platform to serve small and independent residential landlords. Neither founder has a publicly documented background at a large property management firm or institutional asset manager.

What specific landlord problems does LandlordStation's software address?

The platform automates rent collection through ACH and credit card processing, provides tenant screening reports that evaluate credit and eviction history, and offers maintenance request tracking so owners can log and resolve repair tickets. It also includes tools for generating state-specific lease agreements and managing property-level financials.

Is LandlordStation venture-backed or bootstrapped?

LandlordStation has not publicly disclosed any outside venture capital or private equity funding. The company appears to have been bootstrapped since its 2009 founding in Dallas by the Anderson brothers.

How does LandlordStation differ from AppFolio or Buildium?

AppFolio and Buildium primarily target professional property management companies and portfolios with hundreds of units. LandlordStation historically focused on the smaller, self-managing landlord who may own only a handful of doors and needs a simpler, lower-cost tool without enterprise-level features.

Does LandlordStation operate only in Texas?

No. While headquartered in Dallas, the cloud-based platform is available to residential landlords across the United States and includes features like state-specific lease agreement templates that support multi-state use.

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