Payment platform that automates dues collection for self-managed HOAs

Collecting dues is a headache for most small HOAs. Board volunteers burn through their weekends chasing payments, residents are unclear on how to pay, and the available tools are either overpriced or woefully inadequate. HOAPay takes over the entire collection workflow — routing payments, dispatching scheduled reminders, and presenting intuitive dashboards that lay out every transaction in detail. Homeowners can pay through Zelle, Venmo, or ACH transfers, enjoying real convenience, while board members gain full visibility into the financial picture. Monthly pricing falls between $25-50 per HOA depending on unit count, with negligible transaction fees on top. The sweet spot for this product is self-managed HOAs ranging from 20-100 units — communities that have outgrown spreadsheets but don't have the budget for enterprise property management platforms. For the MVP, a web-based dashboard hooks into payment APIs and fires off automated reminders. Board members upload resident data, set due dates, and track incoming payments as they happen. Each homeowner gets a custom payment link along with balance notifications. Standout capabilities include automated payment monitoring, escalating late-payment alerts, transparent breakdowns of all fees, and streamlined reporting that makes monthly board meetings painless. With 2,000 HOAs subscribing at an average of $35/month, you're looking at $840K ARR purely from subscriptions — transaction fees are extra. The addressable market is sizable, the frustration is real, and current competitors fall short when it comes to serving this specific segment.

What you get with the full dossier