Zero Platform Fees on Rent Collection
Most property management platforms charge landlords a percentage of each transaction or pass fees to tenants. TurboTenant charges tenants for ACH payments. Avail charges for expedited deposits.
RentSolve AI charges zero platform fees. Tenants pay through Stripe Connect, and you only pay Stripe's standard processing rates: 0.8% for ACH and 2.9% + 30 cents for cards. No middleman markup, no hidden fees, no per-transaction platform charges.
How Automated Rent Collection Works
Set up rent collection by connecting your Stripe account through RentSolve AI. Invite tenants to the portal where they add a payment method. Enable auto-pay so rent is collected automatically on the due date.
The system detects late payments and can trigger automated reminders. You see real-time payment status across all properties in a single dashboard. Funds go directly to your bank account through Stripe with standard processing times.
Auto-Pay and Late Payment Detection
Tenants can enroll in auto-pay through the tenant portal. Once enrolled, rent is automatically charged on the due date with no landlord intervention required. If a payment fails or isn't received by the grace period, the system flags it as late.
You can configure automated late payment notices that comply with your state's notice requirements. The AI knows your state's grace period rules and late fee caps, so notifications are sent at the legally correct time.
Financial Reporting Built In
Every rent payment is automatically logged in your financial reports. RentSolve AI generates Schedule E reports for tax filing and 1099 forms for contractors. You can see income by property, track expenses against revenue, and export data for your accountant.
No more spreadsheets or manual bookkeeping for rental income.