(1888PressRelease)
August 12, 2009 - Los Angeles, CA - The convenient paperless service is utilized by apartment buildings, commercial office spaces and college housing to pay rent online.
Kevin Eberly, a USC Marshall School of Business graduate, created PayYourRent.com to improve outdated methods of tenant management. Hailing from generations of successful real estate developers, Eberly has always been a keen observer of the industry. Leveraging his knowledge of the real estate industry, background in business and entrepreneurial spirit, Eberly worked tirelessly to launch PayYourRent.com.
“I have always enjoyed real estate development and have been surrounded by it as long as I can remember,” says Eberly. “Like most entrepreneurs, however, I was driven to create something new and different – a service that changes the way buildings manage tenants, and the way tenants interact with managers. After years of watching piles of checks and papers flying around the office, it finally hit me: there has to be a better way.”
PayYourRent.com’s primary function is to allow tenants to pay their rent online using an electronic check or credit card, a fairly simple concept. However, existing options were limited and expensive. One of the larger sites charges a processing fee of $19.95, compared to the $3.95 fee offered by PayYourRent.com; a massive margin considering the tough economic climate.
Who benefits from PayYourRent.com?
- Residents and Tenants:
o Easily make one-time rent payments
o Setup automatically recurring monthly rent payments
o Submit maintenance requests
o Complete electronic rental applications
o Connect all utilities effortlessly online
- Property Managers
o Automatically receive rent payments electronically
o Streamline the rent collection process
o View and edit rent payment information for multiple tenants at once
o Easily communicate with renters
o Receive maintenance requests by email
o Export all data to current software, and much more.
PayYourRent.com eliminates the need to send paper invoices, write paper checks and deliver paper notices by hand. The result: save time, money and the environment. With PayYourRent.com, time and money are just a few of the many things tenants and property managers can now ‘check’ off of their list.
About PayYourRent.com
Based in Los Angeles, California, PayYourRent.com is simplifying the way property managers collect rent for their residential and commercial properties. As nearly 60 million American households are paying their monthly bills online, property managers are now finding it necessary to offer online payments in order to effectively compete in the changing property management industry. PayYourRent.com, strives to make online rent payments as effortless, secure, and convenient as possible.
In addition to online payments, PayYourRent.com also allows managers to streamline their business through maintenance requests, rental applications, utility connections, email notifications, vacancy listings, property manager forms and much more.
For media inquiries and/or to arrange an interview, please contact Tyler Barnett at 323.937.1351 or tyler ( @ ) barnettellman dot com.
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