How Online Rent Payment Can Benefit Landlords and Tenants WWW.CLEARNOW.COM

Did you realize that over 100 million people in the United States rent their living space? With all of the renters in this country, there is no mystery as to why so many investors are buying up residential real estate. If you are relatively new to the world of being a landlord, finding a way to make this new investment easy to handle should be one of your main goals.

If you are looking for a way to make paying rent easier for your tenants, then using an online payment processing hub is a good idea. Often times, the providers of these services make signing up easy for tenants.

Read below to find out more about how online rent payment can benefit you as a landlord and your tenants. 

The Power to Schedule Recurring Payments

Going through the hassle of writing a check and mailing it is something most tenants want to avoid. In most cases, an online payment option will entice a tenant to set up recurring payments. Doing this allows the tenant to keep their rent payments on time without having to worry about making them manually.

Recurring payments are also beneficial for a landlord. With recurring payments, a landlord will be able to avoid reminding tenants to pay what they are owed. Studies found that nearly half of the consumers in the United States prefer to pay their bills online. This is why offering in an online rent pay option is so beneficial.

Electronic Payment Reminders

Most rental property owners and landlords have an extremely full schedule. Often times, this schedule will prohibit them from being intimately involved in the day to day operations of their properties. If you are a property owner looking for a way to make on-time rent payments a near certainty, online payment options are a must.

If you get all of your tenants to sign-up for online pay, you will be able to send out reminders that rent is due days in advance. This not only saves you from having to physically remind each tenant, it will also help you avoid late payments.

Making Your Tenants Happier

Being able to make a rent payment from a mobile phone or computer is convenient. Your main goal as a landlord should be finding ways to increase the level of contentment your tenants have.

With the addition of this technologically advance payment option, you can make life easier for your tenants. Making an effort to increase convenience can help you keep tenants loyal, which can reduce your turnover rate substantially.

A Safer Way to Pay Rent

Most people are a bit hesitant to put a check for a large amount in the mailbox. There have been numerous cases where criminals have stolen checks out of mailboxes and cashed them. Rather than making tenants deal with the risk of mailing a rent check, you can offer them a secure online portal to make their payments on.

A 21st Century Payment Solution

If you are looking for a way to attract younger tenants, then online rent payment options are a must. While it will take a while to get acclimated to this change, it is well worth the effort you invest.

Read More

Introducing ShareMyForm

ClearNow has introduced a new tool, ShareMyForm, to get your leases online and esigned.  It costs just $0.50/esignature!

Over our many years of working with landlords, we have received feedback on what would make their lives easier.  Beyond easy rent collection, another common request was easy lease signing.  Recognizing that leases are very specific to each landlord, we spent time researching how we can make lease signing easier while preserving the uniqueness of each landlord’s lease.  In addition, we wanted to apply what we have learned with ClearNow’s online rent payments where the best tools are (a) mobile friendly, (b) simple to use, and (c) a time saver.  Last but not least, the VERY BEST tools are also affordable.

Esignatures are the solution for easy signing as anyone can sign on a phone, tablet, or laptop.  You do not need a printer, and all paper and delays are eliminated!

What we have found, however, is that most esignature tools are not affordable as many of them require a monthly subscription.  So if you only need one or two signatures a month, paying $10/month is overkill.

With ShareMyForm, you convert your own document to an online form and get it esigned . . . all for just $0.50/esignature.  ShareMyForm is easy and cheap.

  • Turn your own leases into an online form
  • Tenants instantly esign on their phones
  • Eliminate paper and delays!

Pay only $0.50/esignature.  NO subscription fees.

We hope you find lease signing to be easier with ShareMyForm!

Set up a free account today at ShareMyForm.com!

Read More

How ClearNow Simplifies Property Management and Rent Collection

Being a landlord or property manager is more complicated than people think. Many responsibilities need to be handled, and the more units there are to manage, the harder it becomes. Property managers and landlords can make things easier for themselves by using technology. ClearNow has several tools that simplify property management and rent collection for landlords.

ClearNow is an online payment system for property managers and landlords that allows for automatic payments and direct deposits to the owner. Using ClearNow is beneficial for everyone involved. For landlords and property managers, automated rent payment eliminates a trip to collect the rent, the time spent processing all of the checks, and waiting at the bank for the teller to review all of the payments. ClearNow can save landlords and property managers hours of time each month. With these benefits, the ClearNow system pays for itself in time savings.

Tenants love online payment systems because they can quickly pay their rent without mailing a check or getting a money order. It may only save the tenant a little bit of time, but if you didn’t have online payments before, they would certainly appreciate the upgrade. Similarly, property owners don’t get any more money by switching to automated payments, but it removes the wait time and uncertainty. When you use ClearNow, you and the property owner know precisely when the money will hit the account. In the competitive marketplace for property management, using ClearNow can be what sets your company apart from other management firms.

Once you start using ClearNow, you’ll wonder how you ever managed without it. As Lisa G., one of our customers, wrote, “I can’t believe how easy rent collection with ClearNow is and how I never have to hunt down a tenant for money – it’s automatically in my account on the expected date!”

ClearNow is a system you can trust. We have provided automated rent payment services for nearly 20 years. And with 19 years of history, we have still maintained a perfect rating with the Better Business Bureau.

One of the things our clients like about our system is the simple and affordable pricing. There are no setup fees, and you only pay based on how many deposits you plan to make. Fees are only charged when you attempt to debit a tenant. If you do it once a month, it’s just $14.95 per month. It’s an extra $2 per month for each additional tenant and $2 per tenant to directly deposit the owner’s bank account. To make bimonthly payments, you add an extra $4 per debit. With our low pricing, it’s easy for anyone to add this service without coming out of pocket. The money you pay for ClearNow will quickly be recouped in time saved on other duties.

ClearNow is a rent collection and property management system for everyone. Even if you only have one property with a single unit, you can sign up for automated payments that will make your monthly responsibilities that much easier. We’ve even made the enrollment process simple. All you need to do is Submit a one-page authorization form with your voided check. Once your account is set up, you start enrolling tenants today. If you’re interested in using ClearNow, you can read more information on our F.A.Q. page or go ahead and enroll today so you can simplify your rent collection.

Read More

Introducing Landlord ESignatures for Easier and Faster Enrollments

We have made enrolling for online rent payment a whole lot easier for landlords and property managers!  We had such success with tenants enrolling with our esignature process that we have now applied it to the landlord enrollment.  Landlords now simply esign the online form and email bank documentation to us.  They no longer need to print, sign, scan, and email the enrollment form.  Everything can be done on their phones!

To enroll, landlords simply go to www.ClearNow.com to start the online enrollment process.  They will receive emails on how to send us bank documentation and on when they are enrolled.

Read More