Revolutionize Rent Collection With Appfolio Lockbox Secrets

How Appfolio Lockbox Works

Appfolio Lockbox simplifies rent collection by allowing tenants to mail their checks to a centralized processing center. Once received, the checks are scanned, and the funds are electronically deposited into the property manager's bank account. This process not only speeds up the availability of funds but also reduces the risk of lost or misplaced checks. Additionally, the service integrates seamlessly with Appfolio's property management software, providing real-time updates and detailed reporting features that help managers track payments effortlessly.