Benefits of Online Rent Management

As a landlord moving your rental process online brings great benefits to you and your tenants.

More and more business are taking to the internet to be more efficient and increase revenue. Using online tools like Rentlit to manage your properties will improve your workflow and offer tenants a hassle free way of paying rent.

From conducting rental applications, managing lease agreements to collecting the month to month rent, Rentlit brings the rental process to a convenient, simple cloud-based platform.

Using Rentlit online tools focuses on streamlining your process and offering amazing service and quality.

There are some other benefits that should not be overlooked:

Security

Performing tasks like submitting a rent application, background check or setting automatic payments is quick and secure. All of your personal data, bank account information and social security numbers are processed under a secured web transfer.

Rent on Time, Every Time

One of the stressful responsibilities of being a landlord is collecting rent. The process can be automated using Rentlit. Renters set up their bank account or another form of payment to automate the monthly rent transaction. A confirmation receipt is emailed and also stored on your account online. It is a centralized way of keeping track of payment history, and any late fees are applied automatically.

This convenient way of collecting rent will optimize your time as a landlord and renters enjoy a practical system at no extra cost.

As a landlord, you can track all your rentals in a single user interface and know exactly when payments are due, post, and transferred into your account.   

Splitting rent

Tenants with roommates love this features. Each tenant sets a personal account where they select the payment method for their share. They have a track record of previous and upcoming payments.

A bonus of using Rentlit is to handle the communication with your tenant. In this day and age, email inboxes are cluttered with work, personal and even spam emails. Using a dedicated channel will allow for better service-oriented communication in between renter and landlord.

Tenants can make maintenance requests and landlords can use this channel to promote new features or roll out a newsletter.