Audience
Property managers who need an electronic payments processor for the apartment rental industry
About RentPayment
RentPayment from MRI Software is the leading electronic payments processor for the apartment rental industry. With this service, property managers can collect rent on time, reduce rent collection costs and access detailed reporting to analyze their business. Renters use our solution to pay their rent online, on their mobile phone or by text message using a credit card, debit card or eCheck. We streamline rent collection by providing these benefits to the largest properties in the country – representing thousands of apartment buildings and millions of renters making us the industry leading e-payment solution. RentPayment streamlines your process by depositing directly into your account so you can collect rent on time and reduce collection costs. You also have access to highly detailed reporting to analyze your business, marketing tools to increase awareness, and so much more.
ClearNow
ClearNow is a service that enables online rent payments for landlords, property management companies, and tenants. Since 2000, ClearNow has made the rent collection and payment process easy, fast, and efficient. Landlords using ClearNow to collect online rent payments can manage their rental income and expenses from within their ClearNow account for no additional cost. Our income and expense tracking tool makes landlording easier and provides helpful reports for tax time. Property management companies using ClearNow to collect rent electronically benefit from ClearNow's owner proceeds feature where rent is directly deposited to the property owner's bank account. Property managers save time and effort in distributing rent proceeds to owners. And property owners enjoy faster receipt of funds. Tenants using ClearNow for online rent payments can have their ClearNow rent payment data furnished to the Experian credit bureau to try and build a credit history.
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Rentec Direct
Rentec is a robust cloud-based Property Management system designed to give private owners or realty managing organizations and tenants an all-in-one platform that takes care of Billing & Invoicing, Credit Checks, Late Fee Calculation, and Rent Tracking. Using the Tenant portal, users can send messages, request receipts, pay rent, and submit maintenance requests. While the Owner portal provides an in-depth look of Expense, Insurance, and Vacancy Tracking, as well as management for Leases, Tax, Tenant Database, and Website updates.
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Story by J.P. Morgan
Manage properties, save time, and stay organized. Story by J.P. Morgan is an all-in-one platform that simplifies rent collection, banking, and more. Start up, scale out, and plan your real estate journey today. Streamline monthly rent collection through flexible payment methods, improve cash flow with fast transfers, and automate invoicing for your tenants. View and track the status of your rent payments, security deposits, and lease agreements with automated recordkeeping. Enjoy up to 70% off tenant screenings with TransUnion SmartMove and get reports (credit, criminal, and eviction) within minutes. Make informed investment and rent decisions using Moody's Analytics REIS data on multifamily rent, vacancy rates, sales price, capitalization rate, and more. Make an impact while saving money. Qualified multifamily loans can earn a discounted rate through the Chase Affordable Housing Preservation Program. Check your property’s eligibility using Story’s affordability calculator.
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Schedule My Rent
Software services to market vacancies, receive online rental applications, screen tenants with credit and background checks, collect rent, manage maintenance requests, and track expenses.
Ways tenants can pay rent:
- with cash at any MoneyGram location (Walmart, CVS, etc.)
- with their bank account
- with credit or debit cards
Rent can be collected monthly, twice per month, or weekly.
Landlords can receive rent the same day that rent is withdrawn from a tenant's bank account with the QuickPay option.
Late fees are automatically added to a tenant's account and you can stack any combination of late fees and daily late fees to match your lease terms.
Easily review your rent status:
- Multi-unit view shows how much rent has been collected and how much rent is due across all your properties or for specific businesses or units.
- Unit view shows the complete status for a lease and you can easily add one-time charges (utility, etc.)
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Pricing
Free Version:
Free Version available.
Integrations
Company Information
MRI Software
Founded: 1971
United States
www.rentpayment.com/property-managers-and-landlords/
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Product Details
Platforms Supported
SaaS
iPhone
iPad
Android
Training
Documentation
Live Online
Support
Phone Support
24/7 Live Support
Online