Rentec Direct uses PayNearMe, which allows cash paying tenants to go to 7/11, CVS and other places. The cash payment is immediately credited automatically to that tenant’s account on your Rentec Direct account.
We are just starting with Rentec Direct. I spent 2 years (way too long) researching. This summer I hired a sharp biomedical engineering major. He continued my research. We looked at 28 companies, including Rent Manager, Buildium, Yardi, Appfolio, TurboTenant and many others. We had specific needs, including to be able to take cash payments, and to be able to easily input 150 monthly water bill amounts using a minimum of clicks. Our other top choice was Rent Manager. We went with Rentec instead of RM/Buildium/Yardi/Appfolio in part because it’s built on a modern platform, more nimble and intuitive. RM looked like a much longer learning curve requiring specific training, rather than being intuitive where you can just figure it out because it works like most modern apps. RM/Buildium/Yardi/Appfolio seemed to have been built back during the DOS days and then have evolved over time and so they’re more clunky. But we found a lot of fairly happy users for each and looked at them seriously. I’m not trying to downtalk them. I’m just trying to help people in my shoes who are researching.
But, important, we’re just starting with Rentec. What I’ve written above is based on our very extensive research, not actual use. Check with me in 6-12 months.