Reply: Tenant Pro 7/Online Payments/Property Management Dilemmas

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Keith Stallings
I know this is a really old software, but do you still have a tenant pro 7 disk? Did you ever use tenant pro 5? I have an issue where I need to access that very old software, but I lost that computer and disks due to arson and when I try to use one of the "software mover" programs it moves the program, but I can't back up or restore. Any help would be greatly appreciated.
Posted 10 months 3 weeks ago
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Steve Barbara
I am looking to buy a disk.
Posted 6 years 2 weeks ago
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S. Neff
I also cannot find my disc and would love to have one. Please contact me
Posted 7 years 11 months ago
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Anonymous
I have a disc
Posted 8 years 3 months ago
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Carol E.
Help! We have lost our Tenant Pro 7 disc, and our hard drive crashed. We can't find the disc anywhere! Our data is safe, thanks to Carbonite, but we can't access any of it without the disc. Anyone out there who would be willing to copy his/her disc and send it to me? I would be happy to pay for it. We're up the creek here!
Posted 8 years 10 months ago
Hi Alisha, I'd solve your biggest challenge first. If you have multiple properties spread around with multiple owners using multiple banks then you should consider centralizing and automating rent collection first. You can setup an online payment portal where residents pay online. The renter or owner can pay the convenience fee. Anybody who doesn't want to pay the fee should be able to click a box and setup ACH. For the old school, and unbanked, you should still accept paper checks and money orders but they should mail them to a single location. The most efficient and accurate way to handle these payments is with an automated lockbox service.

You can set this up yourself working with your local bank, merchant service provider, web developer...or you can enjoy one-stop shopping with a multifamily payment processor. Look for one that specializes in multifamily. Everybody will help you process credit cards but almost nobody pays rent with credit cards. Make sure the vendor's energy is focused on paper check and money order processing with an effective strategy to transition those folks to ACH.

There are a number of companies competing in this space, including my company Paydici, but most of the solutions are differentiated. Look for the one that fits the way YOU are doing business. As for integration with TenantPro7. It's an unsupported product since Domin-8 filed for Chapter 11 and PropertyWare's parent company purchased them in 2010. RealPage has an integrated c/c payment portal and check scanners for checks and money orders. I'm sure they'd like you to migrate and would assist in migrating your data. Paydici can post to TenantPro with no problem. That said, I still think you'll want to switch accounting package.

I'd be happy to talk in more detail. I'm a 3rd generation apartment investor and have been running a 2,000 unit property management company with a lot of single family homes and hundreds of separate bank accounts.

Good luck,

Brad Meyer
Paydici
503.449.0264
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www.paydici.com
Posted 13 years 3 weeks ago