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What is Rent Merchant?

Rent Merchant transforms traditional rent payment and collection practices, allowing landlords to effortlessly receive rent online through an automated process. Tenants are freed from the burden of writing checks, while landlords no longer face delays as they await check arrivals and bank processing. Now, payments can be made almost instantly via credit cards, debit cards, checks, or bank transfers directly from a mobile device or computer. As a modern solution, Rent Merchant boosts efficiency, cash flow, and speed in rent collection, making payment management easier for landlords than ever before. Take advantage of a free 30-day trial to experience the benefits of quicker and simpler rent collection with Rent Merchant. This service not only simplifies the acceptance of online rent payments but also ensures a user-friendly experience. It can easily integrate with your existing website or offer a tailored landing page that showcases your property's branding, including logos and contact details. Moreover, thanks to its mobile-optimized design, Rent Merchant allows tenants the convenience of paying their rent from virtually anywhere, creating a more accessible and streamlined system for managing rental payments for both parties involved. As a result, this innovative solution not only enhances efficiency but also fosters a better relationship between landlords and tenants.

What is Hammock?

Managing rent payments for both individual tenants and HMOs has become significantly more straightforward. You will receive notifications for both incoming and missed payments, with rental transactions seamlessly linked to their respective tenants and properties. Hammock allows you to easily reconcile your financial transactions from anywhere, at any time. Automatically generated detailed statements for each property facilitate quick reviews or can be shared effortlessly with your accountant. Hammock transforms individual transaction data into immediate, actionable insights, empowering you to monitor and improve the performance of your investment portfolio. Through the Hammock dashboard, you can effortlessly view real-time key performance indicators for your entire portfolio. Essential information such as your Profit and Loss statement, Loan To Value ratio, and Arrears Balance for each tenant is available with a simple click. Furthermore, Hammock simplifies the process of identifying any approaching deadlines, unexpected expenses, or occupancy issues linked to your properties. This feature keeps you well-informed about which property requires your attention, enhancing your ability to manage your investments effectively. As a result, you can maintain a proactive stance and make well-informed decisions regarding your real estate management, ultimately leading to better outcomes for your portfolio. Moreover, the platform’s user-friendly interface ensures that even those new to property management can navigate and utilize its features with ease.

Media

Media

Integrations Supported

Adobe Acrobat
Authorize.Net
PayPal
Stripe

Integrations Supported

Adobe Acrobat
Authorize.Net
PayPal
Stripe

API Availability

Has API

API Availability

Has API

Pricing Information

$1 per unit per month
Free Trial Offered?
Free Version

Pricing Information

$6.91 per month
Free Trial Offered?
Free Version

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Company Facts

Organization Name

Rent Merchant

Date Founded

2009

Company Location

United States

Company Website

www.rentmerchant.com

Company Facts

Organization Name

Hammock

Date Founded

2019

Company Location

United Kingdom

Company Website

www.usehammock.com

Categories and Features

Categories and Features

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