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Updated 10 months ago on . Most recent reply

User Stats

28
Posts
23
Votes
Francesca Zanzucchi
  • Real Estate Agent
  • Phoenix, AZ
23
Votes |
28
Posts

Recommendations for Rent Collection Platform/System

Francesca Zanzucchi
  • Real Estate Agent
  • Phoenix, AZ
Posted

Does anyone have a good system or platform they are using to collect rent from tenants? We are currently using RentRedi but there is a long lead time from when the tenant pays to when the money is deposited into our account...sometimes up to 10 days. Does anyone have recommendations on a platform that solves for this issue and is also user friendly for the tenants? Thank you! 

Most Popular Reply

User Stats

61
Posts
21
Votes
Patrick O'Sullivan
  • Property Manager
  • Phoenix, AZ
21
Votes |
61
Posts
Patrick O'Sullivan
  • Property Manager
  • Phoenix, AZ
Replied

Hi @Francesca Zanzucchi, we use Buildium in our property management company but they do have a minimum monthly fee so depending on the number of properties, it may or may not make sense.  ACH and debit/credit card payments are usually a couple days. They also have the ability for tenants to pay with cash to a retail store and have it deposited into your account as well. 

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