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Description
Rents are seamlessly recorded in the General Ledger with a single click, while payments can be easily input by selecting either the tenant's name or unit. The system provides real-time updates on the percentage of collections for the month to date with each transaction. Court documentation for overdue rents can also be generated with just one click. A comprehensive summary of all outstanding balances can be accessed with one click, and individual statements can be retrieved with just two clicks. The management of multiple property owners is streamlined with dedicated commission statements for each. Additionally, it effectively tracks former tenants with pending judgments. The program distinguishes between taxable and non-taxable income and expenses, as well as differentiating the Section 8 tenant's contribution from the total rent. It also monitors previous tenants’ garnishment payments and court satisfaction statuses. Furthermore, the system conserves paper by allowing reports to be viewed on-screen before printing hard copies. This efficiency not only simplifies the management process but also enhances the overall accuracy of financial records.
Description
Rent Merchant revolutionizes the conventional methods of rent payment and collection by enabling landlords to receive rent online swiftly and automatically. Tenants will no longer need to write checks, and landlords won't have to endure the wait for those checks to arrive and process through their banks. Payments can now be made using credit cards, debit cards, checks, or bank transfers directly from a tenant's mobile device or computer within minutes. As a contemporary solution, Rent Merchant enhances the efficiency, cash flow, and speed of rent collection, making it easier than ever for landlords to manage payments. Experience faster and simpler rent collection by trying Rent Merchant free for 30 days. With Rent Merchant, accepting online rent payments is not only quick but also incredibly straightforward. The service can seamlessly integrate with your existing website or provide a custom landing page featuring your property's branding, including logos, contact information, and more. Additionally, Rent Merchant ensures that tenants can conveniently pay their rent from anywhere, thanks to its mobile-friendly design. This innovative approach makes managing rental payments more streamlined and accessible for both landlords and tenants alike.
API Access
Has API
No
API Access
Has API
No
Integrations
Adobe Acrobat
No
Authorize.Net
No
PayPal
No
Stripe
No
Pricing Details
No price information available.
Free Trial
Yes
Free Version
Yes
Pricing Details
$1 per unit per month
Minimum $10 monthly fee.
No credit card required.
10% discount if paid annually.
No credit card required.
10% discount if paid annually.
Free Trial
Yes
Free Version
Yes
Deployment
Web-Based
No
On-Premises
No
iPhone App
No
iPad App
No
Android App
No
Windows
Yes
Mac
No
Linux
No
Chromebook
No
Deployment
Web-Based
Yes
On-Premises
No
iPhone App
Yes
iPad App
Yes
Android App
Yes
Windows
No
Mac
No
Linux
No
Chromebook
No
Customer Support
Business Hours
Yes
Live Rep (24/7)
No
Online Support
Yes
Customer Support
Business Hours
Yes
Live Rep (24/7)
Yes
Online Support
Yes
Types of Training
Training Docs
Yes
Webinars
No
Live Training (Online)
No
In Person
Yes
Types of Training
Training Docs
No
Webinars
No
Live Training (Online)
Yes
In Person
No
Vendor Details
Company Name
FreeSoftware4Landlords
Founded
2006
Country
United States
Website
freesoftware4landlords.com
Vendor Details
Company Name
Rent Merchant
Founded
2009
Country
United States
Website
www.rentmerchant.com
Product Features
Real Estate Property Management
Billing & Invoicing
Yes
Commercial Properties
No
Contact Management
No
Credit Check
No
Expense Management
Yes
Insurance Management
No
Landlord Database
No
Late Fee Calculation
Yes
Lease Management
No
Maintenance Management
Yes
Owner Portal
No
Payment Processing
No
Portfolio Management
No
Rent Tracking
Yes
Residential Properties
Yes
Tax Management
Yes
Tenant Database
Yes
Tenant Portal
No
Vacancy Tracking
Yes
Website Management
No
