Automatic Rent Collection
Keyhook collects rent
Tenants deposit rent payments into Keyhook's rent account. Keyhook notifies you as soon as the payment has been initiated.
Keyhook automatically chases up any late payments to help ensure you're paid on time, every time.
Payments are monitored in real time so you're always in the know.
- Removes the stress of late payments
- Stay in the know with instant notifications
- Scheduled and transparent rent collection
Expenses are reconciled
Keyhook's smart-payment system calculates costs for any maintenance or services performed at your rental property.
Any costs, including Keyhook's $4.99* fee, are paid for using incoming rent so you never have to pay out of pocket. * +gst
For bigger maintenance jobs, you can pay gradually over a number of weeks.
- No out-of-pocket payments
- Maintenance invoices paid for
- Gradual payments for larger maintenance jobs
Payments are deposited into your account
As soon as the week's rent clears Keyhook's rent account, a transfer to your bank account is initiated.
Your rent payment minus any expenses will be deposited into your bank account within 1 business day of Keyhook receiving it.
Keyhook's smart payment system has complete transparency at every step, so you can track every dollar.
- Payment transferred to you within one business day
- Track payments in real time
- Secure bank to bank transfers
Financials are updated
All rent payments and costs are securely recorded in your financials dashboard, giving you a complete overview of all your financial happenings.
Keyhook uses the newest technology and works with NZ's major banks to update your financials dashboard in real-time.
Having everything you need in one place makes finances easy to understand and reduces hassle when it comes time to do taxes.
- Easy to read statements
- Invoices and expenses paid and stored in one place
- Safe, secure and easy to use
How Keyhook Compares
Property managers clip the ticket along the way, often taking between 8% and 10% of rent payments. These fees add up quickly.
Keyhook deducts a small weekly fee and provides an easy rental management experience.
- Oftentimes costs between 8%-12% of rent.
- Charges for labour, processing fees, travel, etc. every step of the way.
- Your costs run on a sliding scale so the more you make, the more it costs you.
- No real-time access to financial information.
- Minimal fees means your money stays in your pocket.
- Only upfront, flat fees and no surprise costs so you know what you're paying.
- Flat fees and investor discounts keep costs low and profits high.
- Complete transparency so you can watch your money coming in in real time.
Conducting your finances well takes a lot of time and effort, and you risk human error.
Keyhook automatically collects and records rent payments, compiling them into one easy to read document so you relax and watch the money come in.
- Invest time in monitoring and tracking rent payments every week.
- Monitor when a payment is missed and chase your tenant.
- Keep track of both incoming rent and outgoing costs.
- Record and store all rent payments and invoices relating to your property.
- Theres always a risk of human error.
- Simple, easy to understand financials show you which payments are there and which are still to come.
- Keyhook automatically chases arrears on your behalf.
- Detailed financial breakdowns of your property record and calculate incomings and outgoings for you.
- All payment details, costs and invoices are safely stored in one place for you to access when you need.
- Automated systems record and transfer money in real time.
