We make rent collection simple for landlords by handling almost all the financial management of your rental property. This includes seamlessly collecting rent, paying bills, and depositing your rental income.
Rent Collection
Landlord Makes Rent Collection Easy
Our Rent Collection Process
Easy-to-pay rent
We make it easy for tenants to pay their rent by encouraging them to use whichever method they prefer, online using their banking app, pre-authorized debit, bank-transfer, or cheque.
Financial Management
Our accounts payable team will use the rental income to pay fees and bills, simplifying your rental finances. We’ll make these transactions visible to you through transparent financial reporting in our online portal.
Direct Deposit
Your rental profits will then be deposited into an account of your choosing.
Collect rent. Pay bills. Deposit profits.
Experience streamlined rent collection now.
Rent Collection FAQ
When is rent collected?
In most cases we collect rent on the first of the month. Although, there are special cases where we collect rent on the 15th or at other times.
How do tenants pay rent?
Tenants can make their payment in-app or online, or any way that is easiest for them including pre-authorized debit, bank-transfer, or cheque. We offer multiple options to try to make paying rent as easy as possible for our tenants.
How do I receive rental income?
After paying bills and fees for the rental property, the profits will be directly deposited into an account specified by you. You will also be provided with financial reporting and invoices via our online portal.
When do I receive rental income?
In most cases, you will receive your rental income in the first week of the month. Normally, rent is paid on the first of the month, our team will manage your monthly finances, and then deposit the profits into a bank account of your choosing within the first week of the month.
How do I collect rent with LandLord?
Schedule a call with us today to discuss how we can make rent collection easy for you. Fill out the contact form and a member of our team will contact you within 24 hours.
Full-service Property Management
We do more than rent collection
We don’t just help landlords with rent collection. We are a full-service property management company that offers solutions for every stage of rental property ownership.
For more information about rent collection in Toronto, visit the City of Toronto’s Rights & Responsibilities for Landlords & Tenants page.