Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 54%
$32.50 /mo
$390 billed annualy
MONTHLY
$69 /mo
billed monthly
7 day free trial. Cancel anytime
×
Take Your Forum Experience
to the Next Level
Create a free account and join over 3 million investors sharing
their journeys and helping each other succeed.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
Already a member?  Login here
General Landlording & Rental Properties
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated almost 10 years ago on . Most recent reply

User Stats

16
Posts
6
Votes
Kristen T.
  • Pittsburgh, PA
6
Votes |
16
Posts

eRentpayment

Kristen T.
  • Pittsburgh, PA
Posted

Question with eRentpayment.com - I've searched through the forums and found a lot of great info but not this answer yet.  I think I want to go with them, but I offer a $25 discount for paying by the 28th of the month prior.  Since they do not offer a discount option, customer service suggested I could accept partial payment, but what happens to the remaining $25 then if they choose that option?  Can I dismiss it or does it become considered late then?  Or can I choose to accept only the "partial payment"?  Anyone know or have this experience?

Most Popular Reply

User Stats

140
Posts
45
Votes
Nathan W.
  • Alexandria, VA
45
Votes |
140
Posts
Nathan W.
  • Alexandria, VA
Replied
Originally posted by @Kristen T.:
Thanks Rick! I had also thought about making it the lesser amount just due on the 28th, and then charging a late fee on the 1st, but they are concerned with this option that it would show as late against their credit, which I can understand. I appreciate your willingness to give a hand if needed!

 I may be wrong, but you have the option to not report their transactions to the credit bureaus.  Although if they do want it to be reported, I can understand them not wanting it to be reported as delinquent on the first.

I use Erentpayment and am happy with their serivce.  Their CS reps are very responsive and super helpful, but their software options are a bit clunky and not very elegant as they do not have the ability to account for situations which you describe here. I gave one of my tenants a $120 discount on rent last month because sewer plumbing issues kept him out of the unit for a few days.  We were able to basically brute force attack this into the erentpayment system, using the customer service rep to temporarily lower the rent amount due, but it was not at all an elegant solution.

I think with a bit of software architecture rework, erentpayment would be the best option out there. As it is, they are still great and the company I choose to use, but sometimes frustrating to navigate.

Loading replies...