Low-cost services take stress out of property management
RentPayment allows owners to accept credit cards, debit cards and electronic checks, as well as convert paper checks to electronic payments. The group options this company has set up with rental sites like HomeAway (parent of VRBO) are far less expensive than if an owner were to go it alone.
"What blows owners away is that we can get them better rates and fees on their credit cards than they can get anywhere else," said Matthew Golis, Yapstone's chief executive. "There's no setup fee, no monthly fees ... it's a fully operational expense platform with an electronic check option. The vacation rental industry has been incredibly fragmented and what we offer no single owner could really do by himself."
Tom Kelly's new e-book, "Bargains Beyond the Border: Get Past the Blood and Drugs: Mexico's Lower Cost of Living Can Avert a Tearful Retirement," is available online at Apple's iBookstore, Amazon.com, Sony's Reader Store, Barnes & Noble, Kobo, Diesel eBook Store, and Google Editions.
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Real estate market recap, May 18-22
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