Stress-Free Rent Collection with RentWise

Collecting rent should be simple—but what happens when tenants don’t pay on time? That’s where RentWise steps in. We ensure rent collection is smooth, efficient, and compliant with tenant laws. With our professional processes, we protect your income while handling any challenges seamlessly and effectively.

What Happens When Rent is Late?

When tenants go beyond the grace period specified in their lease, we take immediate action. Our team promptly issues late rent notices to ensure tenants are reminded of their obligations.

In addition to the overdue rent, we collect all applicable late fees as outlined in the lease agreement, ensuring you’re fully covered. In the rare case where a tenant stops paying entirely, we manage the eviction process in compliance with local laws and work quickly to re-rent your property, minimizing your downtime and protecting your cash flow.

Making Rent Payment Easy for Tenants

We encourage on-time payments by offering tenants simple, flexible options. Through our 24/7 online tenant portal, tenants can securely pay their rent anytime, from anywhere. This convenient system supports multiple payment methods, including ACH transfers and credit cards, making it easier for tenants to stay on track.

With online payments, funds are processed quickly, meaning you get paid faster. This streamlined approach ensures a steady cash flow and minimizes delays.

Rent Collection Policies

• When Rent is Due: Rent is typically due on the 1st of each month, as specified in the lease agreement.
• When Rent is Considered Late: Payments made after the 5th of the month (or the agreed-upon grace period) are considered late, and late fees will be applied as outlined in the lease terms.

Why RentWise?

With RentWise, rent collection is handled professionally and efficiently. Our approach gives you peace of mind, a steady cash flow, and full confidence that your property is in capable hands.