Rent collection
The better way to collect rent online
Put payments, reminders, late fees, and receipts on autopilot—with secure rent collection software designed for landlords.
Reduce late rent by 90% with autopay
Secure, bank-encrypted payments
Create 1099s, Schedule E, & more
Automatic rent reminders and late fees
- Online Rent Payments
- Maintenance Management
- Listings and Applications
- Enhanced Reporting
- Move In/Out Inspections
- Property Message Board
- Team Management & Tools
- Task Management
- User-Interface Customization
Prices exclude any applicable taxes.
FAQs
How to collect rent from tenants electronically?
Landlords can collect rent from tenants using a variety of methods, including ACH bank transfers, credit and debit card payments, and rent collection apps. Apps like TenantCloud allow landlords to receive rent payments and manage their entire rental portfolio—from listings to accounting—all in one place.
Who pays the fees for online rent payments?
Traditionally, tenants pay processing fees when a landlord collects rent online. On TenantCloud, there are no ACH fees for tenants enrolled in monthly rent reporting ($4.95/month). Tenants will typically pay the processing fees for ACH or credit card payments, so that landlords receive the full rent amount for the month.
How much does rent collection software cost?
Rental collection software pricing is typically included with a property management software. These subscription plans vary by portfolio size and features, ranging from free options to $50- $150/month. Enterprise tools may cost $250-$1,000+/month.
Is it secure to collect rent online?
Yes, one of the biggest benefits of online rent collection is its security. Tenants can pay their rent on time, knowing their checks will not be lost in the mail or tampered with. Numerous laws and security procedures are also in place to protect against online fraud and data breaches. To help reduce the possibility of fraud, consider online rent payments.
For security purposes, TenantCloud Payments requires users to verify their accounts using either instant account verification or micro-deposit verification.
What are the benefits of using TenantCloud’s rent collection services?
TenantCloud takes the hassle out of collecting rent online. With automated rent reminders, payments, and late fees, both tenants and landlords can experience hassle-free rent collection month after month. TenantCloud also offers these benefits:
- Real-time rent payment information
- Security deposits
- Maintenance tracking features
- Background checks and tenant screening
- Rental applications, lease agreements, and e-signatures.
What’s the easiest way to switch from checks to online rent collection?
The easiest way is to introduce online payments gradually with a secure, tenant-friendly setup. Start by explaining the benefits—secure payments, fewer late fees, and credit building—then provide a clear way for tenants to pay online without complicated steps.
TenantCloud makes this transition easier by giving tenants a secure portal where they can pay rent online from their phone, set up recurring payments, and receive automatic confirmations. For landlords, this means less time chasing checks and more time having everything organized and in one place.
What online rent payment methods do tenants prefer most?
Tenants typically prefer online rent payment methods like ACH bank transfers and debit or credit cards because they’re fast, convenient, and easy to track. TenantCloud supports multiple digital payment options, allowing tenants to choose the method that works best for them.