How Free Rent Collection Works
RentSolve AI's rent collection runs through Stripe Connect, the same payment infrastructure used by companies like Shopify and Lyft. Tenants pay through the RentSolve portal by ACH bank transfer or debit/credit card. You pay only Stripe's standard processing fees: 0.8% for ACH and 2.9% + $0.30 for cards.
There are no additional platform fees, no per-transaction charges, and no monthly minimums from RentSolve. Rent collection is available on the Starter plan and above starting at $12/month for up to 3 units.
Auto-Pay Eliminates Late Payments
Tenants can enroll in auto-pay through the tenant portal. Once enabled, rent is automatically charged on the due date. No reminders needed, no checks to deposit, no Venmo requests to send.
The system handles everything. If a payment fails, the platform detects it and notifies both you and the tenant. For landlords managing multiple units, auto-pay is the single biggest time saver in the rent collection process.
Comparing Free and Low-Cost Rent Collection
Avail offers free rent collection but charges tenants $2.50 per ACH payment for expedited deposits. TurboTenant is free for landlords but charges tenants for every payment. Zelle and Venmo are free but offer no tracking, no auto-pay, no late detection, and no integration with your lease or financial reports.
RentSolve AI at $12/month with zero platform fees and full automation is the best value for landlords who want professional rent collection without hidden costs passed to tenants.
Financial Tracking Built Into Every Payment
Every rent payment is automatically logged in your RentSolve financial dashboard. See payment history per tenant, income per property, and outstanding balances at a glance. The platform generates Schedule E reports for tax filing and tracks all rent-related income for annual reporting.
No more reconciling bank statements with spreadsheets.