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Updated over 4 years ago on . Most recent reply

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Andrew Laing
  • Investor
  • Southport, NC
26
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38
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Online rent payment for small commercial

Andrew Laing
  • Investor
  • Southport, NC
Posted

Any suggestions on a free or low cost program/app to collect online rent payments from a 9 unit commercial building? I’d like an easy way for tenants to pay rent, submit repair requests, etc. Thanks for any insight.

Most Popular Reply

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Dave Spooner
  • Rental Property Investor
  • Cincinnati, OH
821
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862
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Dave Spooner
  • Rental Property Investor
  • Cincinnati, OH
Replied

@Andrew Laing There are a lot of great options. Cozy is certainly a popular choice but keep in mind it doesn't have a ton of flexibility. Oftentimes, commercial landlords need to charge utilities, CAM charges, scheduled rent increases, unique late fees, etc. Cozy will be a pretty manual process for those.

I'd encourage you to look around and try out a few. There are a number of free options out there that may be a better fit and are low stakes to just sign up. If you want some specific suggestions, feel free to message me directly.

Good luck!

  • Dave Spooner
  • [email protected]
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