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COLLECT YOUR RENT THE EASY WAY WITH ELECTRONIC PAYMENTS an interview with Tom Villante, Founder and Chairman: RentPayment.com
No more sending notices, knocking on doors or chasing down tenants to collect rent. Tenants like it, too. “We have a whole generation of renters who have never written checks – everything they do is off a card,” Tom explains. “Others complain that the only check they have to write each month is for rent.” One of the greatest benefits of this system is an increase in closing rates. When you can access funds immediately, you can rent immediately, rather than sending away your prospect until the next business day when they can get certified funds. Some landlords have reported as much as 25% improvement on closings. Closing immediately also decreases the number of days a rental stays vacant. It also minimizes deliquencies, and that, in turn, improves cash flow. The RentPayment system is superior to a bank merchant account in many ways, primarily because
A landlord’s time can be better spent concentrating on keeping the tenants happy, and improving occupancy rates. For more information on RentPayment.com services, contact sales@rentpayment.com or call 877-927-7866. American Apartment Owners Association offers discounts on products and services related to your commercial housing investment, including tenant debt collection, tenant background checks, insurance and financing. Find out more at www.joinaaoa.org. This exclusive interview is included on the American Apartment Owners Association’s CD series, Real Estate Investment Secrets, twelve exclusive interviews with industry experts that will supercharge your ability to locate the best investment properties and manage or sell them for maximum profit. Real Estate Investment Secrets is available for purchase from American Apartment Owners Association. Join as a Premium Plus member, and receive all of the benefits of our association including Real Estate Investment Secrets free as our gift for joining. Visit www.joinaaoa.org for more information. To subscribe to our blog, click here. Posted on Saturday, February 2nd, 2008 at 9:40 am and is filed under AAOA Forum. You can follow any responses to this entry through the RSS 2.0 feed.
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4 Responses to “REAL ESTATE INVESTMENT SECRETS: Part Eight of Twelve”
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[...] Automated payments, including debit and credit card payments, can make a difference in lowering late rent payments, and avoiding the headaches of applying late charges. More and more tenants are computer savvy, and are accustomed to paying online. For more information on electronic payment options, click here. [...]
[...] Learn how electronic payment technology has become easy and affordable in Collect Your Rent the Easy Way With Electronic Payments. [...]
[...] Learn how electronic payment technology has become easy and affordable in Collect Your Rent the Easy Way With Electronic Payments. [...]
[...] email Kris at krudeegraap@RentPayment.com or call 1-866-289-5977 ext 212. See our feature, Collect Rent the Easy Way With Electronic Payments. [...]