Sleep is an important part of our lives and a large chunk of it as well since we will sleep for about one third of our adult years. Many of us go to sleep because we are tired and the rest of us because we absolutely love sleep. On top of this, researchers continue to find added benefits to sleep, like
Memory work and sharpened learning ability
Increased focus
Regulated metabolism
Body repairs itself
Landlords need their sleep. They also need their rent money. Every month the rent is due and must somehow be collected. We’ve mentioned before why accepting rent payments online is so awesome but did you know that there are added benefits to online rent payments beyond simply getting paid?
No trips to the bank to deposit rent money. Let’s say it takes about twenty minutes for you to go run to the bank each month, which after a year is four hours and over ten years is forty hours. Those minutes do add up and you get to keep them all by accepting payments online. Plus, for those with separate rental properties, Smart Housing allows you to set up multiple bank accounts to keep your finances separate and clean.
Residents can pay rent on the weekend or after hours. This increases their ability to pay on time while as the landlord you won’t be bothered when you don’t want to be (like when you’re sleeping).
Since the online option to pay rent can accept payment from both cards and bank accounts, if residents are a little short on cash they can use their credit card to help them pay all of their rent when it's due. Many landlords don’t have card readers lying around their offices so this isn’t usually an option.
Landlords who use our software have told us they were surprised that after giving their residents the option of paying rent online, they noticed they receive their rent earlier. “Some of our residents pay up to a week before,” one landlord said. Now who doesn’t want that?
Receiving rent online is a useful tool for any landlord, whether they own one unit or thousands. If you still haven’t converted to the benefits of the internet, you can register with Smart Housing and test it out to see just how awesome it is.
