As Rent Relay’s electronic rent service becomes more popular, we’re pleased to see a spike in client inquiries. However, we’ve found out that our company’s name has been used in a Craigslist and Kijiji rental scam. We wanted to quickly provide this post to help the public become aware of the risk and protect themselves against rental property.
Attracting Better Tenants & Increasing Profits with Electronic Rent Payments
The use of cheques is declining worldwide and may soon become a thing of the past. In the UK, plans were unveiled in 2009 for cheques to be abolished by 2018, while usage has already dropped 70% from its peak. The story of declining cheque usage is the much same throughout the rest of Europe and to.
Electronic Rent Payments = Smarter Property Management
New technology is fuelling a dramatic change in the way innovative property managers and landlords are doing business and managing their revenue streams. It doesn’t matter whether you are a new investor, or a seasoned landlord or an independent property management firm – if you aren’t staying ahead of the curve, you will lag behind as your competition.
Electronic Rent Payments help manage Tenant Growth
Property managers have reason to smile in 2012. According to recently released data by the CMHC, the formerly flagging rental apartment market is now experiencing greater demand and growth. This is due to a recent spike in immigration, as well as a decrease in the number of available apartment units. Rental vacancies, which were once over 3%, fell.