
Market Perspective • Adam Timothy Group
You have found a tenant, agreed on a number, and signed a lease. Now comes the question most first-time landlords answer in about four seconds and regret later: how is this person actually going to pay you every month?
It feels like a small administrative decision. It isn't. Whatever platform you choose sits between you and your tenant for the entire lease. It collects the rent, keeps the record of what was paid and when, routes maintenance requests, and produces the paperwork you will want if a security deposit is ever disputed. Choose badly and a four-property portfolio starts eating your Saturday mornings. Choose well and you mostly stop thinking about it.
We come at this from both sides. RentSpree handles every client lease that comes through Adam Timothy Group. TurboTenant runs the day-to-day at Adam Timothy Home, the rental and vacation property side of our business. Two tools, two very different jobs, and a fair amount of scar tissue behind why we landed where we did.
Here is how the main options compare for Austin landlords running single-family homes, condos, and small multi-unit buildings.
TurboTenant is what we use at Adam Timothy Home. It is built for landlords who manage their own units, and everything lives in one dashboard: state-specific leases, rent collection, automatic late fees, maintenance tracking, and enough basic bookkeeping that we do not keep a parallel spreadsheet. Maintenance requests come to us as tickets instead of getting lost in a text thread, which sounds small until you have three properties and two tenants who only text at 11pm.
The free tier covers more than most first-time landlords expect. The catch is that fees move to the tenant: applicants pay $55 to be screened, tenants pay $2 per ACH payment, and card payments carry a 3.49% fee that no plan removes. Landlords on the free plan also pay $59 per state-specific lease. Paid plans are billed annually and start at $149 a year for Essentials, with Pro at $199. Both drop the screening fee to $45 and Pro waives the tenant ACH fee.
RentSpree solves a different problem, and it is the one we use at Adam Timothy Group for client lease transactions. Its screening runs through TransUnion, so the credit and income reports come from a source landlords already trust. The part that matters most to us is structural: applicants pay their own screening fee and submit their information directly to RentSpree. We never hold sensitive applicant data, never touch card numbers, and never run application fees through our own accounts. For anyone operating under a brokerage, that is a meaningful reduction in liability, not just a convenience.
Best for: RentSpree suits agents and landlords who need fast, thorough screening. TurboTenant suits owner-operators who want one dashboard for the whole lease cycle.
Screening: RentSpree often returns a report within minutes and pulls broader criminal background data in some states. TurboTenant screens well but takes longer.
Management tools: TurboTenant is deeper here, with leases, payments, maintenance, and accounting built in. RentSpree stays lean and screening-first by design.
Cost: Both push screening fees to the applicant. TurboTenant has a free landlord tier plus paid annual plans. RentSpree lets either party absorb the fee.
Day-to-day feel: Both are easy to use. TurboTenant does more; RentSpree does less, faster, and fits an agent workflow better.
Avail, now owned by Realtor.com, has the cleanest interface of the group and pulls credit, criminal, and eviction history in a single screening report. The free Unlimited tier passes fees to tenants at $2.50 per ACH transfer and 3.5% on cards. Unlimited Plus runs $9 per unit per month and waives the tenant ACH fee, adds next-day deposits, and lets you customize applications and leases. Per-unit pricing is fine at four or five doors and gets expensive past ten.
Zillow's advantage is traffic. Nothing else in the category puts a listing in front of as many renters, and the platform now stacks applications, screening, lease creation, and payments on top of that exposure. If your recurring problem is vacancy rather than administration, that trade is worth making. The rent collection and screening tools work, they are simply less specialized than what the dedicated platforms offer.
Zelle, Venmo, and PayPal move money reliably and do nothing else. No screening, no lease infrastructure, no automatic late fees, no tenant portal. Zelle is free between individuals, which is the whole appeal. Venmo and PayPal classify rent as a business transaction and charge for it, usually in amounts landlords do not notice until they are doing taxes.
There is also a problem almost nobody anticipates: send limits. Daily, weekly, and monthly caps on all three apps vary by user, by bank, by account age, and by whether the account has been verified. One tenant can move $3,500 in a single Zelle transfer. Another tenant at a different bank tops out at $500 a day and has to split rent across most of a week. We have watched tenants discover this on the first of the month, which is not when anyone wants to learn it. If you are going with a payment app, have both sides confirm their real limits before the lease starts.
None of them deposit into a business account automatically, produce a clean year-end summary for your accountant, or generate the kind of documented payment history you will want if a tenant disputes a charge in small claims court. For one unit and a tenant you know well, that may be an acceptable trade. Across a real portfolio it is a liability you have chosen on purpose.
The right answer depends on where your actual friction is, and on whether you are managing your own units or running transactions for clients. Match the tool to the bottleneck:
The best platform is not the one with the longest feature list. It is the one your tenant will use without complaining, and the one that hands you a clean record on the day something goes wrong.
Which rent collection platform does Adam Timothy Group recommend?
It depends on your role. Agents and brokerages running client leases should look at RentSpree, which is what we use at Adam Timothy Group for every client lease transaction. Owner-operators managing their own units are usually better served by TurboTenant, which is what runs our own portfolio at Adam Timothy Home.
Are Venmo and Zelle good for collecting rent?
Zelle moves money for free but offers no screening, no lease management, and no automatic late fees. Venmo and PayPal treat rent as a business transaction and charge accordingly. None of the three deposit into a business account automatically or build the payment record you would want in a dispute.
Do tenants or landlords pay the platform fees?
Usually some of both. TurboTenant is free for landlords, with applicants paying screening fees and tenants covering card processing. Avail is free at the base tier with tenants paying ACH and card fees, while the paid tier waives ACH. RentSpree lets either party absorb the screening cost. Whatever you choose, spell the fee structure out in the lease.
Should I use one platform for screening, leasing, and rent collection?
For most landlords, yes. Keeping screening, lease execution, and payments in one system means one tenant record, less duplicate data entry, and a cleaner history if you ever need to produce it. The exception is when you already have separate tools that work well together.
What is the most common mistake first-time Austin landlords make?
Using whatever payment app the tenant suggests. It works fine until you need a year-end summary, a documented late payment history, or evidence for a deposit dispute, and none of it exists.
If you own a condo, a single-family home, or a small portfolio in Austin and want it leased properly, let's talk. Pricing, marketing, screening through RentSpree, and lease execution. We do this every week for clients and we run our own rentals under Adam Timothy Home, so the advice comes from both sides of the table.
Book a 30-Minute CallMore for landlords: Landlord Resource Center · Austin Vendor & Services Guide · Featured Properties · Market Perspectives Blog
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