Landlord Question and Answer Forum

Forum / General Property Management / Electronic Rent Collection
Can anyone reccomend a good site to use for electronic rent collection? There seems to be a lot out there. Just lookng for some guidence. Thanks
Veronica B, FL on Wednesday, March 28, 2018
RE: Electronic Rent Collection
I highly suggest paypal or just using zelle or something like that, that is already attached to most bank accounts. Paypal is the best because i can keep track of everything very easily.
Posted by Adrien l, PA on Thursday, April 12, 2018
RE: Electronic Rent Collection
Thank you very much. I will look into it.
Posted by Veronica B, FL on Friday, April 13, 2018
RE: Electronic Rent Collection
We use QuickBooks... I create an invoice and email to all tenants. They have the option to pay by bank account or credit card (if you choose this option). I choose the option for a rental invoice to get sent every month automatically, which relieves me from having to create a new invoice every time. I also accept rental payments via venmo (which is virtually like cash) and record that in QB as cash. I prefer for tenants to pay me directly through QB as it automatically syncs to my bank account but many of my tenants are on the younger side and prefer venmo.
Posted by AXS Realty & Development Group , NY on Wednesday, April 18, 2018
RE: Electronic Rent Collection
I really like "Cozy". very versatile and there is no fee for LL or tenant if you use bank drafts. check itout. Rick
Posted by Rick B, WA on Friday, April 20, 2018
RE: Electronic Rent Collection
I've used eRentPayments for the past five years. It's worked great.
Posted by Jonelle S, PA on Sunday, April 22, 2018
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