Auto collect Rent

7 Replies

Hello @Levi K.  

I started using to collect rent in July.  The pros are that it is free, automatic, it works and your tenants cannot submit partial rent.  The con is that it is a bit slow in showing up in your account (4-6 business days and for me it has been 6 business days both months it was 6 business days for me.)   The CEO of the company has been chiming in on another thread and has stated that the speed of the transactions should be a bit faster next month.

Other services that people use are erentpayment and dwolla.  Both of those charge a nominal fee for the transactions.  

Originally posted by @Levi K. :

Hello BP team,

Can someone please advise on best way to Auto collect rent?



I think a few good companies are Cozy and Appfolio. Check them both out. They can be different depending on what you are looking for. I have heard many good things about both.

Hope that helped!

Free eBook from BiggerPockets!

Ultimate Beginner's Guide Book Cover

Join BiggerPockets and get The Ultimate Beginner's Guide to Real Estate Investing for FREE - read by more than 100,000 people - AND get exclusive real estate investing tips, tricks and techniques delivered straight to your inbox twice weekly!

  • Actionable advice for getting started,
  • Discover the 10 Most Lucrative Real Estate Niches,
  • Learn how to get started with or without money,
  • Explore Real-Life Strategies for Building Wealth,
  • And a LOT more.

We hate spam just as much as you