2 great options to simplify rent collection

We've used technology to reduce hassle & time and increase transparency & compliance.

Rent dashboard showing the rent split between tenants and the breakdown of previous and future rent payments

Option 1:

Smart DIY
rent collection

Option 2:

Hands-free
rent collection

Rent is paid directly into your bank account. Connect your bank account (optional) and our system will automatically identify incoming rent and add them to your rent statement.

myRent provides a hands-free service where we setup, collect, reconcile rent, and chase any arrears. Rent is transferred to your bank the same day it clears myRent's bank account (usually within one business day).

Tenant payment setup

We’ll provide your bank details and a unique reference to the tenant to set up automated payments.

myRent is set up as a bill payer with all the major banks making tenant auto payment setup easy and mistake free.

Rent reconciliation

If your bank account is connected, our system will scan your transactions for incoming rent and automatically allocate them to the correct property and tenant. You'll be notified when rent is received or if an expected rent payment was missed.

Kick your feet up and relax, we’ll look after this for you. You’ll be notified you when the payment is received and on the way to your account.

Digital rent statement

Easy online access 24/7 for landlords and tenants. View demo.

Rent transferred faster

Rent is received directly into your account.

It's your money, we want to get it to you as fast as possible. Rent is transferred to you the same day it clears myRent's bank account (usually within one business day).

Multiple tenants

myRent is setup for tenancies with one or many tenants. Payments from multiple tenants are managed and everyone is kept informed all of the time.

Arrears

You do the chasing.

We do the chasing.

14 day notice to remedy

Your responsibility.

We’ll serve it for you (with your permission).

Rent payment by card

Not available.

Tenants can pay rent or arrears by credit or debit card, making sure arrears can be cleared quickly even when cash flow is tight.

WINZ payments

You’ll need to register and liaise with the tenant and WINZ.

myRent is setup as an official WINZ supplier (CUR001535505), which means setting up payments is a breeze.

Water bills

Upload, collect and reconcile your water bills within myRent.

myRent will look after the bills for you. We will send payment reminders and overdue notices, chase arrears and provide tenants with alternative ways to pay bills online with debit or credit card.

Price

Included in all management plans. View details.

Additional $10 per property per month.

Risk free 2 month trial

We are so confident you’ll love myRent we are giving you your first months for free. There is no contract, so you can leave anytime.

Start your 2 month free trial View demo

Anna

Thomas

Speak to someone from our team

We're here and happy to answer any questions, give you a live demo of myRent or help you set up your tenancy.

hello@myrent.co.nz

9am - 5pm Monday through Friday

Our current response time is about 90 minutes

Not quite ready to sign up?

Subscribe to our free newsletter. We’ll keep you up to date on all things myRent, important tenancy law changes and new tips on maximising your returns.

FAQs

No. The balance of the rent is transferred to your bank account and a statement is provided through the rent section of your dashboard.

You nominate the bank account you want the rent paid into. This can be any NZ retail bank (Sorry myRent cannot transfer to international bank accounts).

Rent will be transferred the same day it clears myRent's bank account (usually within one business day).

With Hands-free rent collection, the majority of tenants pay their rent via bank transfer. myRent is setup as an official bill payer with all the main NZ banks to make payments easier.

Tenants also have the option to pay their rent via credit or debt card. Paying by card attracts a card fee which is paid by the tenant to cover the merchant fees.

myRent's management pricing starts at $10 per month. Learn more about our pricing.

myRent's tenant find service is charged separately and is not included in our management service.

Tenants do not pay any fees for our service except if they choose to pay rent via card in which case a merchant fee is collected and passed onto the card processor.

myRent is designed to work equally well for new tenancies and existing tenancies. If you have an existing tenancy you specify the date you want myRent to take over rent collection and we take over from there.

Yes, myRent is built around the Residential Tenancies Act so rent is collected correctly. Records are kept longer than the 7 years required by the IRD.

Tenants can access a complete history of rent payments anytime from their dashboard so rent receipts and statements are no longer required to stay compliant.

View more FAQs