Future of rent
Flex is a brilliant new service that is going to change the way we think
about rent forever. Flex guarantees on-time rent to landlords by
covering residents’ rent in-full when it’s due and allowing them to pay
it back in multiple payments throughout the month on their schedule
of choice to better align with their income. This “amenity” helps boost
collections while also providing renters with financial freedom and
credit building.
how It Works
Simple sign-up
Flex pays you rent in full Residents autopay Flex
Residents sign up via the Flex Flex automatically pays the full Residents pay Flex back
app or website and choose rent amount on the 1st of the throughout the month on the
their preferred payment month on behalf of each dates they selected
schedule. resident that is signed up.
Benefits
Simpler settlements
Improve Resident Credit
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Flex settles in bulk via ACH. It’s fast Paying rent through Flex can M odern renters see buy-now-pay-later
and easy for properties and Flex automatically build or boost resident for rent as an attractive amenity. 73%
assumes all the fraud and chargeback credit without costly credit reporting. of renters rank “ exible rent schedule”
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risk from resident transactions. as the most m ortant fa tor in
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choosing a property.
Consistent olle tions
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Flex pays properties in full and on time Flexible rent payment improves the and m r etin
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via bulk ACH. roperties get funds
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faster. residents. of Flex residents are
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likely to renew their lease - t e
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integration. Flex’s award-winning app
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is backed by robust tech support.
FAQs
What type of renter does Flex appeal to?
Flex is for anyone and everyone. Whether a renter makes the big bucks or lives paycheck to paycheck better cash management is
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something anyone can benefit from. Like everyone renters have multiple bills to pay each and every month so having the exibility to
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split up the largest expense - rent - into smaller chunks gives them the freedom to keep more money in their pockets throughout
the month to do the things they both need and want to do.
What does it cost the landlord?
Nothing. Zero. Zilch. Flex is completely free to you! Residents pay a flat service fee of $19.99 only for months they use it. That's
cheaper than swiping a credit card!
I’m a landlord that likes late fees… What happens to those?
Let’s paint a picture… Residents already have the option to pay rent with a credit card today which technically allows them to avoid
late fees and “defer” when they actually have to pay. However that comes at a significant cost to the resident of of the overall
, 3%
rent amount. Flex is no di erent in that sense and costs a fraction of the price which gives our residents just another option in how
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they can pay.
What happens if a resident does not pay Flex back?
No problem! Once Flex pays the property on behalf of a resident, those funds are yours. Flex assumes all risk and handles all
collections directly with the resident.
For more information or to schedule a demo please contact us at
, , www.g et e om artners
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