As an income property owner, you know all the problems associated with collecting rents on time. How many times have you heard, "The check's in the mail" or "I won't be getting paid until the 7th" or "Can I pay you half now and half later?" or "Haven't you received it yet?" Our services provide an efficient way to eliminate all these excuses. You will receive all your checks from ALL of your tenants at the same time...no excuses!
If you own 50 units or more our ACH service is for you. Your tenants will authorize an electronic withdrawal from their accounts to yours which will be debited on the same day of every month. We can provide this service for as little as $2 per check. This nominal fee could be passed on to your tenants.
If you own less than 50 units you can use DraftPay. We will create rent checks from each of your tenants' accounts to you and have it in your hands on the first of every month. Our service prepares a deposit slip for all checks printed. Simply endorse each check and make the deposit into your bank account. You will invest less than $4 per check. This nominal fee could be passed on to your tenants.
In addition to these two services, we can provide you with an electronic check recovery program, called eCollect. If your tenant's check returns, your bank simply forwards it to eCollect. We originate an electronic debit for the full amount of the check, and a seperate debit for our processing fee. The tenant who bounced the check takes responsibility for the cost of collecting it, not you. You will receive payment within 14 days. You won't have to wait 30 to 60 days or more for your money.
Please click on the link below to contact us to tell us how we can
tailor our services to your needs.