BUILD PASSIVE INCOME FROM RENTALS
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RentDeduct: Rent from Your Tenant’s Paycheck (New Service!)
On-time rent, every month, direct from your renter’s payroll.
Never hear “check’s in the mail” again!
Your renters never know your bank details.
Plus the latest in digital encryption & SSL secure technology.
No More Paper Checks
Credit card & ACH payments direct-deposited in your account.
Download a ledger of rent payments any time!
On-time rent, every month, with no checks or bank runs.
Sound too good to be true? It’s not. SparkRental offers several options for collecting rent right to your bank account, all of them completely secure.
Your renter will never see your bank details. Ever.
Our revolutionary rent automation service will deduct rent directly from your renter’s paycheck, into a secure account. Then at the beginning of each month, SparkRental automatically transfers the rent to you via secure direct deposit.
For you, it means virtually guaranteed on-time rent payments, every month. It also means you can accept more applicants, who may have imperfect credit history or evictions on record.
For your applicants, it means a second chance at good housing. And they’ll never owe another late rent fee!
Or Let Renters Pay by eCheck or Credit Card
Don’t want the enforced structure of rent deducted from your renter’s paycheck? No problem. You can also accept rents transferred via ACH (A.K.A. eCheck) or charged to the renter’s debit or credit card.
And no, you don’t have to hassle with the details of collecting these payments – once your account is set up, you just receive email alerts when the rent is paid. All your renter has to do is log on and enter their payment details to send their rent payment!
Landlord Learning Zone:
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Who Is Spark Rental?
Spark Rental was launched by two friends and former colleagues, Denise (Deni) Supplee and G. Brian Davis, who love passive income, and love helping other landlords and property managers to see more of it!
Deni became a landlord by necessity when, as a recently-single mom, she could no longer afford to pay for both rent and groceries for her four young girls. She rented out the master bedroom in her little rowhouse, and moved her bed into a walk-in closet in the hallway.
(Yeah, it was kinda like Harry Potter.)
But she ended up becoming close friends with her new housemate, and fell in love with being a landlord.
She went on to manage first vacation rentals, then long-term rentals, then a 200+ unit apartment complex. And she bought her own rental portfolio in the process.
Nothing makes her happier than spending time with her husband Jerry, five children, eight (and a half!) grandchildren, two dogs, her foreign exchange student “new son,” and her live-in mother.
Brian has wanted to retire since he graduated college and sat down at a cubicle for the first time. Unfortunately, he had no idea what he was doing when he went on his first rental property buying spree. A buying spree which he undertook from 2006-2008 (which may have been the worst three-year stretch to buy real estate since, well, forever).
But all those expensive mistakes came with some hard-won, first-hand lessons. He’s since become a nationally recognized rental industry expert. He’s been interviewed by dozens of media outlets ranging from U.S. News & World Report to Realtor.com to Time Money and countless others.
Why did he start this business? Besides helping other rental investors avoid all the mistakes he’s made, Brian lives for traveling. His current base camp is Abu Dhabi, but he hails from Baltimore originally and nostalgizes frequently about his Fells Point townhouse and kooky family and friends.
SparkRental originally launched as a free educational resource, but now provides automated rent collection, editable lease agreements, free tenant screening reports (for the landlord), a free rental application and premium online courses for landlords. We have some incredible innovations our genius tech team is building out, that we are 100% positive will disrupt and revolutionize the rental industry. Stay in touch, join our mailing list, connect with us on social media, and we promise to keep you informed and entertained!