Web-based service for landlords revamped

PROVIDENCE – Investment Instruments Corp., a company developing and marketing online services for the real estate industry, recently revamped its Rentomatic Web-based service.
Rentomatic enables landlords to accept electronic payments, e-checks and paper checks, with the ability to pay by credit card coming in early 2008. This provides tenants with a guarantee that their rent payment is cleared on time, while also tracking payments so tenants can create and maintain a long-term rent credit history.
In addition to a convenient way to process and track rent, the Rentomatic Web portal provides landlords with a secure environment to manage properties and quickly view upcoming or critical events for each property. Rentomatic also provides income and expense tracking tools, enabling users to track rent and run cash flow and tax reports. Landlords can also easily advertise multiple listings online, track important lease, rent and tenant information and create detailed income and expense items.