With the housing market depressed, more and more people are waiting to see an improvement before they make a 30-year commitment. That’s good news for landlords and property managers everywhere. What’s now easier for landlords and tenants alike is rent collection thanks to the advent of online rent payment. Whether you’ve got one unit or […]
No one needs to tell you that the world has gone Internet crazy. Purchasing online, reserving movie and theatre tickets online, paying utility bills online and more. So it should come as no surprise that the idea of paying rent online is gaining traction in many places. You’re a landlord. And you’ve invested substantial amounts […]
Online shopping, travel reservations, movie tickets and even online bills. Could paying rent online be next? If the past has taught us anything it’s that people throughout the world love the Internet and frankly, can’t imagine living without it. So it only stands to reason that soon landlords will join the fray and begin collecting […]
In today’s turbulent economy there are times when credit cards come in handy. Obviously you can pay for many purchases–online and off–with them, but did you know that a new trend is emerging for landlords to accept credit cards for rent? There are quite a few ways to pay one’s rent. Be it a residential […]
The Internet changes every day and so do the uses we find for it. From transferring funds to purchasing goods online to keeping up with friends via the various social networks. Paying rent online is just one more convenience for both landlords and tenants that the Internet provides. Collecting rent can often be difficult for […]
With the housing marketing still in decline the rental market is booming. People who can’t otherwise afford to buy a home are renting homes, condos and apartments. But how do you establish a fair rent payment? One that will attract prospects but still give you a fair profit? For many years renting has been looked […]
Learning how to collect unpaid rent from tenants is one of the key issues faced by landlords and property managers on a regular basis. Often tenants will pay a portion of their rent, or string landlords along with promises of imminent payment. Understanding and clearly communicating a number of key policies to tenants is the […]
As digital banking and other online commerce continue to expand, the trend toward accepting rent payments online is becoming an increasingly attractive both for tenants and landlords. When done correctly, accepting rent payments online provides solid tracking of accounts and allows renters to pay any time, eliminating many common excuses for late payments. Accepting rent […]
The move toward collecting rent online will continue to gain momentum as digital banking services become increasingly convenient and secure. Tenants enjoy the time-freedom of the arrangement, while landlords enjoy the accuracy of these systems and the ease with which collecting rent online allows them to manage their accounts. Most real estate experts agree that […]
Landlords who want their tenants to pay rent online should create and adopt a best-practices policy before implementing a new system. Once the process has been ironed out, most research indicates that both tenants and landlords prefer the convenience of being able to pay rent online. Going digital eliminates the hassles involved in manually collecting […]
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