RentCaddy is an automated and customizable platform that saves you time and money when dealing with nonpaying tenants.
Should your tenant become delinquent on rent, RentCaddy is here to mitigate losses so that you can go back to having paying, problem-free tenants in the unit. We’ll handle recovering the rent you’re owed or regaining possession of your property– it’s your call!
As a landlord it is your right to evict a tenant for non-payment of rent, but is it in your best interest? While in some cases an eviction may not be avoided, there are many instances that choosing an interest-based resolution can provide you with clear economic benefits.
RentCaddy is the only rent delinquency solution that seeks alternative resolutions to eviction in an automated manner, free of human emotion and preconceptions.
RentCaddy offers a customizable platform that allows you to choose the way you prefer to handle late paying tenants, and we'll execute it for you!
We offer multiple, completely customizable solutions that will be tailored to create your Late Rent Tolerance Profile. As soon as tenants become late on rent, our system is triggered and our AI chat bot automatically engages with tenants on your behalf.
Why hasn't the tenant paid? Are they just avoiding to pay, or have they legitimately encountered a hardship? Is it temporary or long term? Gauging tenants' ability and willingness to pay is critical in deciding how to proceed. Our AI-bot will automatically do that for you, so you don't have to guess or assume the worst of your tenants and avoid unnecessary back and forth and confrontations.
First and foremost, your goal is to collect what's owed to you and we'll work tirelessly to help you achieve it. We offer your tenants the most amount of ways to pay their rent while effectively tracking when and how much they paid.
If rent is not collected on time, we'll provide recommendations as to the best course of action to avoid consuming your time or increasing your losses. Depending on your Late Rent Tolerance Profile and your tenants' ability and willingness to cooperate, that could mean a payment plan or some other form of resolution. If achieved, and applicable, our platform can automatically generate and digitally execute settlement agreements.
While it's in everyone's best interest to reach a resolution, sometimes you're left with no other choice but to evict the tenant. RentCaddy is here to help you through each step of the process with the ability to track the progress in real-time on our dashboard. You may choose to continue negotiating with them for payment or quick departure through our platform.