3 options for collecting rent for all types of landlords
Smart DIY rent collection
An easy way to keep accurate records and track rent payments. Tenants pay rent directly into your bank account. You enter rent in myRent, we document it on the rent statement that is available for you and your tenants.
Automated rent collection
Connect your bank account to myRent via bank feeds. Tenants pay rent directly into your account. Payments are automatically tracked, the rent statement is updated for you, and overdue alerts are sent to your email.
Hands-Free rent collection
Spend more time doing what you want and less time worrying about rent. myRent collects rent for you, reconciles it, provides real-time updates, and chases arrears. Tenants have various options to pay rent. Rent is transferred to your account within one business day.
Full transparency for landlords and tenants
Do you make any reductions from the rent?
No. The balance of the rent is transferred to your bank account and a statement is provided through the rent section of your dashboard.
How do you pay the landlord?
When using our Hands-Free rent collection option, 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 to you within one business day of it clearing myRent's bank account.
How do tenants pay their rent?
With Hands-Free rent collection, the majority of tenants pay their rent via bank transfer. myRent is set up 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.
Are there any extra fees?
myRent's management pricing starts at $15 per month. Learn more about our pricing.
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.
What happens if the tenancy has already started?
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.
Is Hands-Free Rent Collection compliant?
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.
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.
9am - 5pm Monday through Friday
Our current response time is about 90 minutes
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