{"id":504,"date":"2019-07-25T14:50:50","date_gmt":"2019-07-25T18:50:50","guid":{"rendered":"https:\/\/www.clearnow.com\/blog\/?p=504"},"modified":"2019-07-25T14:50:51","modified_gmt":"2019-07-25T18:50:51","slug":"how-online-rent-payment-can-benefit-landlords-and-tenants-www-clearnow-com","status":"publish","type":"post","link":"https:\/\/www.clearnow.com\/blog\/2019\/07\/25\/how-online-rent-payment-can-benefit-landlords-and-tenants-www-clearnow-com\/","title":{"rendered":"How Online Rent Payment Can Benefit Landlords and Tenants WWW.CLEARNOW.COM"},"content":{"rendered":"\n<p>Did you realize that over <a href=\"https:\/\/www.citylab.com\/life\/2018\/08\/who-rents-their-home-heres-what-the-data-says\/566933\/\">100\nmillion people<\/a> in the United States rent their living space? With all of\nthe renters in this country, there is no mystery as to why so many investors\nare buying up residential real estate. If you are relatively new to the world\nof being a landlord, finding a way to make this new investment easy to handle\nshould be one of your main goals. <\/p>\n\n\n\n<p>If you are looking for a way to make paying rent easier for\nyour tenants, then using an online payment processing hub is a good idea. Often\ntimes, the providers of these services <a href=\"https:\/\/www.clearnow.com\/blog\/2019\/06\/18\/how-does-my-tenant-sign-up-for-clearnow-2\/\">make\nsigning up easy<\/a> for tenants. <\/p>\n\n\n\n<p>Read below to find out more about how online rent payment\ncan benefit you as a landlord and your tenants.&nbsp;\n<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">The Power to Schedule Recurring Payments<\/h2>\n\n\n\n<p>Going through the hassle of writing a check and mailing it\nis something most tenants want to avoid. In most cases, an online payment\noption will entice a tenant to set up recurring payments. Doing this allows the\ntenant to keep their rent payments on time without having to worry about making\nthem manually. <\/p>\n\n\n\n<p>Recurring payments are also beneficial for a landlord. With\nrecurring payments, a landlord will be able to avoid reminding tenants to pay what\nthey are owed. Studies found that <a href=\"http:\/\/money.com\/money\/4649383\/retirement-money-management-millennials-online-bill-payment\/\">nearly\nhalf of the consumers<\/a> in the United States prefer to pay their bills\nonline. This is why offering in an online rent pay option is so beneficial. <\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Electronic Payment Reminders<\/h2>\n\n\n\n<p>Most rental property owners and landlords have an extremely\nfull schedule. Often times, this schedule will prohibit them from being\nintimately involved in the day to day operations of their properties. If you\nare a property owner looking for a way to make on-time rent payments a near\ncertainty, online payment options are a must. <\/p>\n\n\n\n<p>If you get all of your tenants to sign-up for online pay,\nyou will be able to send out reminders that rent is due days in advance. This\nnot only saves you from having to physically remind each tenant, it will also\nhelp you avoid late payments. <\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Making Your Tenants Happier<\/h2>\n\n\n\n<p>Being able to make a rent payment from a mobile phone or\ncomputer is convenient. Your main goal as a landlord should be finding ways to\nincrease the level of contentment your tenants have. <\/p>\n\n\n\n<p>With the addition of this technologically advance payment\noption, you can make life easier for your tenants. Making an effort to increase\nconvenience can help you <a href=\"https:\/\/www.forbes.com\/sites\/forbesrealestatecouncil\/2017\/08\/04\/10-things-all-landlords-should-remember-to-ensure-good-tenant-relations\/#66fff81355d9\">keep\ntenants loyal<\/a>, which can reduce your turnover rate substantially. <\/p>\n\n\n\n<h2 class=\"wp-block-heading\">A Safer Way to Pay Rent<\/h2>\n\n\n\n<p>Most people are a bit hesitant to put a check for a large\namount in the mailbox. There have been numerous cases where criminals have\nstolen checks out of mailboxes and cashed them. Rather than making tenants deal\nwith the risk of mailing a rent check, you can offer them a secure online\nportal to make their payments on. <\/p>\n\n\n\n<h2 class=\"wp-block-heading\">A 21<sup>st<\/sup> Century Payment Solution<\/h2>\n\n\n\n<p>If you are looking for a way to attract younger tenants,\nthen online rent payment options are a must. While it will take a while to get\nacclimated to this change, it is well worth the effort you invest. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>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 &hellip; <a href=\"https:\/\/www.clearnow.com\/blog\/2019\/07\/25\/how-online-rent-payment-can-benefit-landlords-and-tenants-www-clearnow-com\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;How Online Rent Payment Can Benefit Landlords and Tenants WWW.CLEARNOW.COM&#8221;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[2],"tags":[],"class_list":["post-504","post","type-post","status-publish","format-standard","hentry","category-general"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.8 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>How Online Rent Payment Can Benefit Landlords and Tenants WWW.CLEARNOW.COM - ClearNow Blog<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.clearnow.com\/blog\/2019\/07\/25\/how-online-rent-payment-can-benefit-landlords-and-tenants-www-clearnow-com\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"How Online Rent Payment Can Benefit Landlords and Tenants WWW.CLEARNOW.COM - ClearNow Blog\" \/>\n<meta property=\"og:description\" content=\"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. 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