Savvy Landlord Magazine February 2008
Advantages of Electronic Rent Payments
Online Rent Payments Gain in Popularity
Today, people are using the Internet for practically everything. For apartment renters, the next logical step in this digital migration is to pay their rent online via automatic deduction just like they do with their other bills.
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Challenges of Electronic Rent Payments
E-Payment Integration and Transaction Fees
As apartment owners begin offering online payment options, many are discovering that the technology poses some administrative challenges. Integrating e-payment systems with existing property management accounting software can be difficult.
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A New Way to Process Rent Checks
Remote Deposit Pays The Rent
Like most businesses, apartment managers make frequent trips to the bank to deposit checks. Depending on how many units you manage, processing monthly rent payments can eat up a lot of time.
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Demise of the Paper Check?
Technology Makes Checks a More Viable Payment Option
For decades there has been talk about eliminating the paper check as a payment type in America. Check usage is declining, especially among consumers, as debit card and online payment applications grow.
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Preparation for a Court Appearance
Advice for Landlords Going To Court
Going to court should always be the last resort in any dispute between a landlord and tenant. Unfortunately though, a court appearance is a necessary evil for property owners stuck with a bad tenant.
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Marketing to Young Renters
Generation Y Talks Back
Traditional marketing programs are not resonating with the lucrative Generation Y demographic. So last year a marketing executive at Camden Property Trust found out what to do to attract Generation Y.
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