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:

DIY
rent collection

Option 2:

Hands-free
rent collection

Rent paid directly into your bank account, you do the reconciling and chasing.

myRent collects the rent, reconciles, chases and transfers to your bank the same day.

Tenant payment setup

We’ll provide your bank details 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

myRent will remind you after a payment is expected and you will need to manually check your bank account and mark the payment as paid.

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 example.

Rent transferred faster

Not applicable for DIY Rent Collection

It's your money, we want to get it to you as fast as possible. Rent is transferred to you the same day it's received.

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.

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

Price

Included in DIY and Pro 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 example

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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.

0800 424 307

Monday — Friday | 10am until 8pm

Free call from mobile or landline

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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 in myRent’s bank account.

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