LeaseRunner’s rent collection services simplifies property management for landlords. Efficiently collect rent, fees, and security deposits with ACH transfers, automatic monthly payments, and transaction monitoring across all properties.
Add bank account to your property
Select Tenants for payment setup
Send Payment Instructions to collect rent
Tenants receive Payment Instructions
Create a profile in Tenant Payment Center
Submit rent payments through ACH system (Autopay or Manual)
ACH transfers are electronic payments made through the Automated Clearing House (ACH) Network. Rather than sending each payment separately, LeaseRunner’s ACH transactions are accumulated and sorted by destination for transmission during a predetermined time period.
*ACH transfer supports only checking or savings accounts—not compatible with prepaid credit card, debit or credit cards.
Avoid Bounced Check Fees
Landlords can eliminate the hassle of bounced check fees with LeaseRunner's 3rd-party ACH processing, which takes care of any bounced check fees for you.
Direct Bank Account Access
ACH transfers pull directly from the tenant’s bank account rather than relying on credit limits or debit card balances.
Convenience for Renters
Renters can choose manual or automatic ACH payments ensuring on-time rent and avoiding late fees.
With LeaseRunner, landlords and tenants can simplify rent payment processing through an intuitive rent collection system, ensuring a smoother rental experience for all parties.
Pay rent on your terms, whether one-time or recurring payments.
Secure ACH transfers eliminate payment delays or inaccuracies.
Eliminate late fees with dependable auto pay functionality.
A few words from our clients
Rent collection can be less time-consuming and chaotic with LeaseRunner. Sign up today or reach out to explore how our solutions can secure your investment.
Rent collection is the process by which landlords receive payments from tenants as specified in lease agreements. Different from traditional methods, LeaseRunner simplifies this process with automated payments, ACH transfers, and detailed transaction tracking for efficient and secure management.
If a tenant’s payment bounces, LeaseRunner’s system immediately flags the issue and sends notifications to both the landlord and the renter on the fourth business day from a submitted payment.
LeaseRunner processes rent payments securely, with funds becoming available in the landlord’s bank account on the fifth business day after the tenant submits their payment
To ensure secure transactions, LeaseRunner authenticates the tenant’s bank information during the setup process. This verification can be instantaneous or take up to two business days, after which tenants can start making rent payments seamlessly.
No, there is no monthly minimum. LeaseRunner charges a $5 fee per ACH payment, regardless of the number of transactions. The fee can be paid by the tenant or covered by the landlord, depending on the landlord’s setup preference.