General Landlording & Rental Properties
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by

Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by

1031 Exchanges
presented by

Real Estate Classifieds
Reviews & Feedback
Updated over 9 years ago on . Most recent reply

I Need An Online Rent Collection Program
I have 15 units comprised of doubles and a triplex. I am looking for a program which tenants can use to pay their rent online. What programs have people used? What would you recommend?
Most Popular Reply

@Andy Hughes I recently switched from SparkRent (they shut the doors on everyone starting this month) to Buildium. I was able to switch over most of my tenants already and receive payments. You can accept EFT or credit card, you choose how to let them pay. Buildium is a huge step up from SparkRent and nicely fits the needs of my business which consists of nine properties with ten tenants. Here is a list of my Pros and Cons so far:
Pros:- Customer Service is excellent (quick replies)
- Easily accept rent via EFT or CC
- Online portal for tenants is nice and clean (share lease docs with them)
- Centralized email and regular mail (yes you can have them send letters in the mail $0.80/each. so awesome!)
- Centrally track all your properties and leases in one place (so wonderful)
Cons:
- I wish the accounting would allow you to expense things to a general account, the way the accounting in Buildium works you need to select a property for each expense. Sometimes I have expenses that are relative to all properties, like buying an ozone generator. I don't want to charge that to just one property, but to an Operations account. I think I will end up adding another property called Operations for stuff like this. I think in general the accounting portion of the software could be better, but it is good enough for me.