Not only is collecting rent online easier for landlords and more convenient for tenants, it’s also safer. With the flexibility and security of online rent collection, more and more landlords adopt online rent payment systems. By providing an accurate and easily accessible record of spending, tenants can seamlessly make payments online while creating a positive relationship with their landlord and reduce stress.
Collecting rent is one of your least favorite things to do as a landlord. Sure, you like the money, but you don’t much care for the process of getting it.
Collecting rents is an important function as a landlord, but that process does not begin on the due date. It actually begins on the day that your tenant completes a rental application.