Rentec Direct Releases Data on Rental Late Fee Trends in New White...
Summary
Rentec Direct publishes late fee data to determine whether automatic payments can save renters money.“We wanted to definitively answer the question ‘can automatic payments prevent late fees and save renters money?’ so we pulled a year’s worth of rent payment data from our software system,” said Nathan Miller, president and founder of Rentec Direct GRANTS PASS, Ore. (PRWEB)September 13, 2018Rentec Direct , an industry leader in property management software solutions, has published a new white paper entitled “Effect of Automatic Payments (ACH) on Rental Late Fees.” The paper analyzes data based on one year of rental payment behaviors, representing data from 13,000 property managers and 135,529 tenants.“We wanted to definitively answer the question ‘can automatic payments prevent late fees and save renters money?’ so we pulled a year’s worth of rent payment data from our software system,” said Nathan Miller, president and founder of Rentec Direct.Rentec Direct offers industry-leading property management software and tenant screening solutions for real estate professionals.