With industry leading billing and payments solutions, PadSplit collects 97% of all dues billed.
We’ve made it easier for our Members to pay on-time
Modern, e-commerce like payments for housing
Payments is a core part of our member experience. We’ve built modern payments infrastructure: multiple payment methods accepted, auto-pay, notifications, and more.
Flexible, frequent tenant payments
In our 5 year history, we’ve found that weekly tenant payments helps members stay on top of their rent and reduces move-in barriers. For hosts, the higher payment velocity means you can learn someone is falling behind quickly and check-in.
Catchup options for Members that fall behind
We’ve built payment extensions and catchup programs into our financial system. We also work with a third party that offers micro-loans that members may decide to pursue.
Our payment operations team
Our team has dozens of years of experience working in customer support and consumer payments. They monitor financials across all PadSplit properties, receive inbound calls, and also reach out to members proactively to check-in. The team goes the extra mile to ensure that members understand their bills and works with them to stay current.
Financial reporting on a tenant, property, and portfolio basis
Multi-view dashboard for hosts to see detailed earnings and dues collected on a tenant, property, and portfolio basis. Want to use your own tool? Just download your data to CSV and import into your preferred tool.
Host in Tampa, FL
“My PadSplit properties perform very well. I’m making about 120% more than I would normally be making because I’m renting by the room, and I keep them full.”
Host in Tampa, FL
“You’re getting the best of both worlds. There’s the cashflow and you’re making a little bit of a difference.”
Explore more on hosting with PadSplit
Setting up a PadSplit
Investors start here to learn how to launch your first PadSplit and start generating 2x investor returns.