October 16, 2020

Collecting Rent Online:  Pandemic Or Not, There Are Many Benefits


We’ve written many articles now about the benefits of online property management software tools. Collecting rent electronically is one of the most compelling reasons we’ve found to use these services. Search engine queries for terms such as “collect rent online” are common, and our readers seem particularly drawn to our rent payment articles. Following is a sampling of our coverage on collecting rent online.

Why Landlords Should Use An Online Rent Payment Service

This article breaks down the options landlords have for collecting rent electronically, including bank transfers and person-to-person money transfer services such as Zelle. We discuss the merits and drawbacks of each method, and show why we believe the best solution is to use a property management software product.

Learn More:  Why Landlords Should Use An Online Rent Payment Service  

PayRent vs Cozy Rent Payment For Landlords

For landlords focused on collecting rent online PayRent and Cozy are companies worth looking at. While Cozy offers features that address a range of property management tasks, PayRent has focused on building a quick, easy tool for landlords who want a secure way to receive rent payments electronically. The following article compares these two services so that you can evaluate which best fits your needs:

Learn More: PayRent vs Cozy Rent Payment for Landlords

  • With no subscription plan and a simple pricing structure, PayRent helps property owners and managers collect rent online safely, reliably and automatically.
  • Strength: Rent Collection
  • Free property management software that includes features for you to market your rentals, choose the right tenants, collect rent, share leases and documents, and bill automatic late fees.
  • Strength: Rent Collection

TenantCloud vs Avail Rent Payments: Property Management Software Comparison

TenantCloud and Avail are industry-leading property management software platforms. Each product has strengths and areas of focus. Landlords looking for robust accounting features may want to look at TenantCloud for example. Similarly, those most interested in lawyer-reviewed localized lease documents will find Avail particularly attractive. Please read our feature-by-feature comparison:

Learn More: TenantCloud vs Avail Rent Payments:  Property Management Software Comparison

  • End-to-end property management solution. Receive payments online, advertise properties and screen potential tenants. Robust accounting and maintenance features.
  • Strength: Complete Solution
  • Advertise your property, find and screen tenants, sign leases, collect rent, and e-sign custom local leases, with tools built specifically for DIY landlords.
  • Strength: Complete Solution

The Best Online Rent Payment Service for Small Landlords

Landlords looking for the best way to collect rent online will want to consider factors such as payment processing speed, cost to themselves and/or tenants, and the payment options they can offer to their residents.  In this article we stack up the industry’s leading companies and compare them for collecting rent online:

Learn More:  The Best Online Rent Payment Service for Small Landlords

Video Extra

Chris and Eli from Landlord Gurus talk about the various different means for collecting rent, from cash to PayPal to electronic transfer:

Learn More: Collecting Rent Online: Video Extra

Contact Us

Let us know if you have suggestions for any other topics related to landlording or property management. Send us an email at: info@landlordgurus.com

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