ClearNow ?s
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ClearNow ?s (by DL [KS]) May 9, 2024 5:27 PM
       ClearNow ?s (by DL [KS]) May 9, 2024 5:39 PM
       ClearNow ?s (by Jeffrey [VA]) May 9, 2024 5:49 PM
       ClearNow ?s (by Deanna [TX]) May 9, 2024 5:54 PM
       ClearNow ?s (by Ray-N-Pa [PA]) May 9, 2024 10:09 PM
       ClearNow ?s (by Still Learning [NH]) May 10, 2024 7:15 AM
       ClearNow ?s (by BillW [NJ]) May 10, 2024 5:43 PM
       ClearNow ?s (by BillW [NJ]) May 20, 2024 7:01 AM

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ClearNow ?s (by DL [KS]) Posted on: May 9, 2024 5:27 PM

We have been using eRentPayment for auto draft services for more than five years. The service has been 100% reliable and the only fee is the $3/month that my tenants pay. eRentPayment has been acquired by RentRedi. It is much more costly, requiring a monthly subscription service and offering a lot of features I'm not interested in.

I know many on this site love ClearNow and I may just bite the bullet and pay their fees, which is what has been holding me back. However, I just realized that ClearNow requires tenants to set up an online account. I have one elderly tenant that does not want to text, email, etc. My current service just uses a paper form to sign up. What does the ClearNow registration look like on the tenant side. Is it something I could walk through the set up with this ONE elderly tenant (assuming they have and email address)?

Thank you!

ClearNow ?s (by DL [KS]) Posted on: May 9, 2024 5:39 PM

Also, a lot of my leases renew mid-month and have a rent increase. For example, lease renews June 15 - old rent was $1395 and new rent is $1425. May 1st rent is $1395, June 1st is $1410 (half at the old rate, half at the new rate) and July - May is $1425. Is this easy to manage in ClearNow?

ClearNow ?s (by Jeffrey [VA]) Posted on: May 9, 2024 5:49 PM

With Clearnow, residents do NOT have to have an online account. I simply get a voided check from a resident and have them sign a paper form one time (I like to do it at the lease signing) and I turn that in to Clearnow. Nothing else required of the resident.

Also, increasing the rent at any time is easy to do by you online.

Reminder, let Clearnow know you heard about their service from MrLandlord website and your first three months are totally free.

ClearNow ?s (by Deanna [TX]) Posted on: May 9, 2024 5:54 PM

I also collect their information and submit it on my end, because my tenants aren't always the sharpest crayons.

In addition to the tenant's signature giving permission to draft, they also require a document that confirms the tenant's name and account #. It can be a voided check, as long as it's preprinted. (No temporary checks.) It can be a bank statement, as long as the account number is shown in full. It can be a letter on bank letterhead confirming the information. It can be a screencap from their banking app on their phone.

When I want to change the amount, it's relatively easy from my end. I don't do it often, but the times when I have done it, I didn't run into any memorable problems. The biggest obstacles I have are being limited to drafting on the 1st, 5th, 15th, or 25th, when I wish I could draft every Thursday, or whatever.

ClearNow ?s (by Ray-N-Pa [PA]) Posted on: May 9, 2024 10:09 PM


There is a small fee with using Clear Now. But what price would you be willing to pay if you knew instantly if a tenant is running into financial trouble?

About 85% of my residents use the service. The folks that don't use it pay an extra $20, to help defer the cost of running to the post office and the PO Box. Those small fees, pay for the service for the ones that want their credit scores improved.

Now to help you control Clear Now cost - since that appears to be front and center, have a limited number of days that you will offer rent getting paid through Clear Now. I started out with only one date initially but it was easy to see the value that they provide. It is a screening tool for marginal tenants with financial issues. My competitors deserve those folks.

ClearNow ?s (by Still Learning [NH]) Posted on: May 10, 2024 7:15 AM

You can go in and switch rent amounts easily but need to do it by the date they tell you which is usually around mid month. When I start a mid month lease, I pro-rate the first few days/weeks and end the lease on the last day of the month. I collect security deposit and first month’s rent as bank check, money order, or cash in person and then clear now starts with month 2.

ClearNow ?s (by BillW [NJ]) Posted on: May 10, 2024 5:43 PM

I haven't seen it from the tenant side, but think however it looks you could go there in-person and do it for her. Or email ClearNow at support @ clearnow dot com and ask for some assistance

ClearNow ?s (by BillW [NJ]) Posted on: May 20, 2024 7:01 AM

just saw on the website: "For tenants without email, you can print a form that they will complete."

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