The Hidden Danger Lurking in Your Rent Collection Strategy That Could Cost You Big — Are You Prepared?

Here’s what it does that your Venmo account doesn’t:

• Sends automatic rent reminders so you’re not the bad guy
• Issues digital rent receipts, which are legally required in some states
• Lets tenants set up autopay, which means more on-time payments
• Adds custom late fees that tenants can’t ignore (here’s how auto late fees work)
• Tracks every payment, date, and amount for you—no more guesswork
• Has zero transfer fees or withdrawal limits
• Offers rent reporting, so tenants can build credit just by paying on time

That last one is huge. Because when tenants know their on-time payments are helping their credit score, they tend to prioritize rent over… well, just about everything else.

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