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Pay online from any device through our online portal. RentPayment accepts debit, credit, ACH, bank bill payments, Flexible Rent payments, checks, and cash. You can even set up auto payments and email and text reminders — no more late fees or worries.
With RentPayment, you can skip the paper checks — no mailing or dropping off your rent at the office. And you can securely pay, from anywhere, by credit card, online or with the mobile app. So, no more worrying about late fees. Plus, signing up is easy!
Advance rent payment refers to rent that a tenant pays before it is due. It’s a payment that covers more than 30 days of rent but can cover a few months or even a year’s worth of rent. Advance rent is different from a security deposit.
What are automatic rent payments? Automatic rent payments mean rent is automatically deducted from the tenant’s bank account and sent to the landlord’s account on a set date each month. The process uses rent payment software to ensure timely and secure transactions.
You can refuse a rent payment from your tenant, but only with good reason. Refusing rent may cause legal complications, so it’s crucial to fully understand the local tenancy laws in your state or consult a lawyer before taking this step.
Rental income includes any payments you receive for the use or occupation of your rental property. This will include your regular rent payments, whether you accept them as flexible rent payments or split rent payments. Here are the other examples of rental income: Advance rent payments. Security deposits, if they are not returned to the tenant.
Make a Payment Contact Search for: Submit Search. Click here to search. Toggle navigation. Home | Solutions. Solutions. Freedom is real estate software that doesn’t force you into a box. The real estate industry is a complex machine with a lot of moving parts. There are a lot of hats you have to wear, and we thought of them all.
An advance payment is when a tenant pays more than 30 days of rent before the payment is due. Any payments that cover more than one month’s rent are considered advanced rent, whether the tenant offers two month’s rent or a whole year’s rent.
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In this guide, we’ll explain how to accept online rent payments. From choosing the right rent payment software to implementing best practices for online transactions, we’ll cover everything you need to know to successfully transition to digital rent collection. Can tenants pay rent online?