There are dozens of services to collect rent in US Dollars online, including Venmo, PayPal, Apartments.com (formerly Cozy), ZRent, and RentHelper. Or should you use Bitcoin? This presentation will explore these options and more.
We will start by reviewing the pros and cons of digital rent collection. For instance, digital rent collection has a big disadvantage: when you knock on a resident's door to collect rent in person, you can connect on a personal level and learn what's new and in need of attention. We'll discuss this and other things we've lost with moving online. But the advantages are numerous: less work, more traceability, and custom payment schedules, to name a few.
We will explain in-depth:
- Fundamentals of moving money over networks, including credit cards and ACH.
- Costs, risks, and effort required with various services like Venmo and PayPal.
- Which services leave the owner in control of collections during eviction proceedings
- What changes are coming now that Cozy has been absorbed by Apartments.com.
Attendees will leave with an understanding of how money moves in the US and where to learn more about various methods for collection.
This presentation will be given by Doug Quattrochi, Executive Director, MassLandlords, Inc. Doug was a founding member of MassLandlords in 2013. He became the association's first Executive Director under new bylaws in 2014. Since then, he has scaled the organization from a core of 160 members in Worcester to approximately 2,500 dues paying businesses from Pittsfield to the Cape, and from an all-volunteer team to approximately 20 full and part-time staff plus 50 volunteers. Doug has been instrumental in advancing democratic governance mechanisms, including score voting for policy priorities and a staggered and democratically elected Board of Directors. Doug also oversees the RentHelper spin-off, which is expanding access to electronic banking for those of us who are unbanked or underbanked. Prior to MassLandlords, Doug held leadership roles in various Massachusetts startups, two of which are still operating. Doug holds a Master of Science in Aerospace Engineering from the Massachusetts Institute of Technology.
"Doug's presentation was excellent. He was very clear and provided detailed explanations." -Larry
"Doug always holds very informative classes full of substance and Very organized!" -Thomas
"Your answers to member's questions were most helpful." -Liz
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Wednesday, January 4th
Virtual Meeting Agenda
- 5:00 pm Sign-in and virtual networking: you can chit chat with others as people log in
- 5:40 pm Presentation
- 6:40 pm Virtual meeting ends
By member survey, the business update has been reimagined as a set of convenient videos viewable anytime online.
Participation is Easy
We have two formats of online events:
- Virtual meetings include optional audience participation via video, phone, and screenshare and are not recorded.
- Webinars have limited participation options (typed questions only) and are recorded.
Our virtual registration desk is open for all events one hour starting 30 minutes prior to the event start time. Call 774-314-1896 or email hello@masslandlords.net for live, real-time help signing in and using your technology.
If joining a virtual meeting, please use the zoom "test audio" feature. You will be allowed to talk to others if your microphone is good and there is no background noise. We reserve the right to mute anyone for any reason. Attendees without a microphone or who don't want to be heard can type questions.
Virtual Meeting Details (hosted by Zoom)
We will share our video, audio, and computer screen and slides.
- Optional: You can share your video with everyone, talk to everyone, and type chat with everyone. Video sharing is not required. Talking is not required.
Password will be emailed and viewable online.
Topic: Rent Collection Software Virtual Meeting January 4, 2023 Time: Jan 4, 2023 05:00 PM Eastern Time (US and Canada) Join Zoom Meeting https://us02web.zoom.us/j/81343102517 Meeting ID: 813 4310 2517 Passcode: Will be emailed and viewable online Dial by your location +1 253 215 8782 US (Tacoma) +1 301 715 8592 US (Washington DC) +1 305 224 1968 US +1 309 205 3325 US +1 312 626 6799 US (Chicago) +1 346 248 7799 US (Houston) +1 360 209 5623 US +1 386 347 5053 US +1 408 638 0968 US (San Jose) +1 507 473 4847 US +1 564 217 2000 US +1 646 876 9923 US (New York) +1 646 931 3860 US +1 669 444 9171 US +1 669 900 6833 US (San Jose) +1 689 278 1000 US +1 719 359 4580 US +1 253 205 0468 US Meeting ID: 813 4310 2517 Passcode: Will be emailed and viewable online Find your local number: https://us02web.zoom.us/u/kvkQitlp2
Pricing
Open to the public. Membership is not required!
- Public: $21.00
- Members: $7.00
This event will not be recorded.
Slides and handouts if any will be uploaded to Rent Payments: Review of All Rental Software to Collect Rent Online .
Click here to purchase tickets for this event
This virtual meeting counts for continuing education credit for Certified Massachusetts Landlord Level Three. Beep in. Leave feedback/beep out.
This event is operated by MassLandlords staff.
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This is part of the Virtual rental real estate networking and training series.
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