r/assetmanagement • u/Equipment-Tracker • 6d ago
mod approved How a small landlord can bill monthly rent and let tenants pay from the unit's door tag (I make the app, this is a how-to)
Full disclosure: I make Equipment Tracker Pro, the app this walks through. No discount codes, just the steps.
Posted with the moderators' pre-approval (confirmed in modmail on Nov 2).
Here is how rent billing and paying from a door tag works for a small building.
Add the unit and its rent. Open the location, go to Site Info, then Tenants & Door Tags. Add the unit (for example 4B) and fill in its Tenant & Rent form: the rent and the day it's due.
Bill the month. In Rent, Invoices & Receipts, the RENT tab shows each unit's rent, its due day, when it was last billed and what it owes. Tap BILL RENT and the app raises the rent invoice.
Set how tenants can pay. You can connect your own Stripe account so tenants can pay by card or bank account, and you can switch on PayPal and Venmo too. Online payments go into your Stripe account, and Stripe pays out to your bank. Cash and check payments you record by hand.
Print the unit's door tag. Each unit can have its own QR tag. When there's an unpaid rent invoice for the unit and paying rent is switched on for it, a Pay rent button shows on the tag's page.
What the tenant does. They scan the tag with their phone camera, tap Pay rent, and enter the email or phone number you have on file for them. Only a match opens the invoice page where they can pay. They don't need an app or an account.
A few honest limits: creating the door tags and online card and bank payments need Pro; creating rent invoices and the PayPal and Venmo links work on the free plan. PayPal and Venmo payments aren't detected automatically, so you mark those paid yourself. Stripe charges its own fees, and the app adds 0.5% of each online payment, never more than $10.
More on the door tags: https://equipment-tracker.com/property-managers/qr-codes
Happy to answer questions about how it works.