Keyhook's smart-payment structure means you don't pay out of pocket.
Your tenants pay rent into the Keyhook rent account so we're able to monitor payments and chase arrears for you.
Keyhook deducts a flat fee ($4.99 +gst) from that rent payment, as well as any payment needed to cover the costs of maintenance recently performed through Keyhook. All deductions are recorded and can be viewed easily on your Financials Dashboard.
Keyhook then transfers the rent payment to you. The transfer will be made within 1 business day of Keyhook receiving the complete rent payment.
This payment structure means that if you don't have rent coming in, you don't pay a cent.