Top 5 New Ways To Collect Rent From Your Tenants

Dustin Edwards • September 24, 2023

The beginning of every month is an essential day for tenants and landlords alike. While some tenants may not look forward to their rent’s due date, landlords must give their tenants as many options to pay. The more options you offer your tenant, the less likely you’ll receive late payments or have an issue collecting rent. 


The traditional cash or check payment may be reliable, though they must be more relevant when
collecting rent. Could you check local and state laws regarding rent collection methods? Additionally, some rent collection methods can involve several fees or transaction costs. Landlords should consider these when deciding on the best approach for rent collection, as you don’t want to upset a tenant with additional expenses.


There are more ways for you to collect your tenant’s rent. Today, we’ll go over five new methods used to collect rent.


Automatic Bank Withdrawal

When paying rent, bank transfers are nothing new, though having the payment done automatically can benefit both parties. Much like an online subscription, a landlord can set up an automatic monthly withdrawal from the tenant's bank account with the tenant's permission. This can ensure timely payments, give you peace of mind, and give your tenant one less payment they must manage.


Mobile Apps

A variety of apps are designed specifically to collect rent from tenants. Applications such as Avail and Zillow Rental Manager. While distinct, mobile rent-collecting apps allow tenants to pay their rent on time and have a comprehensive digital log of payments and receipts. Some apps also provide an easy way for tenants to report their on-time rent payments. This can help them to improve their credit score. Some fees may apply, though typically negligible and, in some cases, free.


Property Management Software

There are applications and software for more than just collecting rent. Property management software like Buildium or AppFolio frequently includes rent collection features, among other tools for landlords, such as maintenance requests and the ability to create a website for your property, among other systems. These apps aren’t one size fits all, though. For example, many reviews state that AppFolio is best suited for landlords with over 50 units, whereas Buildium caters to different sizes and types of rental portfolios.


Online Payment Platforms

Platforms such as PayPal, Venmo, Cash App, or Zelle are used daily by people for all sorts of expenses. Using these platforms to accept rent payments electronically has become incredibly popular. Usually, these apps have little to no fees associated with transactions. However, they’re only used to transfer money and offer very little to help with other aspects of managing your property. 


Property Management Companies

While not a new way to collect rent like the other services in this article, entire service property management companies need to be up to speed with how rent can be collected. And can collect rent on time to allow landlords to invest in other projects or live life. Landlords have hired professional property managers to collect rent and handle the process. These services typically include added benefits such as debt collection if rent is not paid or fees if rent is paid late. 


Collecting rent doesn’t need to be complicated. After all, it's a simple transaction for a service. If you need help collecting rent or setting up some of the methods described above, we invite you to call us today at (562) 888-0247 or fill out our
Owner Application online.

Share this post

By Dustin Edwards May 17, 2025
Have you considered including utilities in your rent? Here are some of the most common utilities that help tenants see a greater value on renting your property
By Dustin Edwards May 8, 2025
Your property’s roof is its first line of defense from the sun, rain, and wind. Which means it will eventually wear out. Many landlords overlook this since a roof is generally designed to last twenty or so years, and they simply forget until the signs begin to show. Below, we’ve compiled a short list of five signs it’s time to replace your roof for when doing property inspections. Tenant Complaints When your roof has become damaged, your tenants will likely be the first to notice. When tenants report water stains on the walls and ceilings, it's a sign that you should inspect your roof. In severe cases, your tenant may notice water dripping from roof leaks. This moisture, if left unchecked, can lead to the growth of mold and mildew, which can be a health concern for your tenants. Some tenants simply move out, assuming the odors or recurring respiratory issues are caused by the rental and not just the roof. This leaves you with a vacancy to manage, and if you’re unable to find the leak during this period, the following tenant may have a negative experience as well. Many landlords have found it beneficial to have property inspections regularly in order to preserve both the property’s value and the tenant’s trust. Roof’s Age Even with the highest quality materials, a roof still has a shelf life. Most roofs in Long Beach, CA, use asphalt shingles, and these generally last around twenty to twenty-five years. Once they've passed this threshold, the faults begin to show themselves. A sagging roof line is a sign that your roof is due to be replaced, as it's a serious concern. It often indicates that moisture has entered the underlying decking and caused some structural damage. From ground level, you may not be able to notice these problems. However, during an inspection of the property, an experienced inspector should be able to notice soft spots or contours on the roof. These forms of damage often get worse over time. Coordinating these inspections and preventative maintenance can be difficult for landlords with an extensive portfolio, which is why many enlist help. Shingle Damage Damaged shingles are one of the most obvious signs that your roof is deteriorating. If you ever notice cracking, curling, or patches with missing shingles, the roof is no longer providing adequate protection to your property. Although you can buy time with spot repairs, if the entire roof shows signs of damage, it’s likely time to replace the roof. Aside from protecting your property, the roof affects your property’s curb appeal. A patchy and worn-out roof can drive down the rental appeal. Prospective tenants will easily be able to spot the differences between pictures taken in the listing when compared to the property in person. This can not only hurt your chances of filling a vacancy, but it can also hurt your reputation as a landlord. Granules in Gutters After heavy rainfall, it's a good idea to inspect your rain gutters. If you or your property manager notice large amounts of black or gray granules, it means your roof shingles are breaking down. These granules are critical for shedding water off the roof. Once the granules fall off the shingle, the shingle begins to degrade faster under the sun and elements. If you’re not sure how old your roof may be, Loss of granules can be a strong indicator that your roof is nearing the end of its lifespan. Regular gutter cleaning and roof inspections can help catch these problems early before they become expensive repairs . Increase in Utility Bills Your tenants complaining about their utility bills increasing or poor temperature control in the rental may not realize the roof is to blame. A failing roof can result in subpar insulation and ventilation. This can lead to higher heating and cooling bills for your tenant. This can be frustrating for your tenants while putting more strain on the HVAC system. This puts more wear and tear on your HVAC system. Being aware of the warning signs and being proactive can protect your rental property, maintain tenant satisfaction , and avoid emergency repairs. If you need help inspecting your roof or you need help managing your Beach City rental property, we invite you to call us today at (562) 888-0247 or complete our Owner Application online .
By Dustin Edwards April 30, 2025
Do you own multiple properties with sufficient
Show More