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Updated over 5 years ago on . Most recent reply

Cassidy Burns's profile image
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Cassidy Burns
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Cassidy Burns
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Cassidy Burns
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Best Method For Collecting Rent

Cassidy Burns
  • Investor
  • Washington, DC
Posted
Hey BP, Quick Question: What is the best way to collect rent from tenants? Checks? ACH? Software? Thanks!
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Nathan Miller
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  • from Grants Pass, OR
  • Member since Jan 19, 2009
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Nathan Miller
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  • from Grants Pass, OR
  • Member since Jan 19, 2009
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Nathan Miller
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  • Grants Pass, OR
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Nathan Miller
  • Property Manager
  • Grants Pass, OR
Replied

@Adam Shelley - sorry for the delay, i'm doing a bit of catchup on BP today.  For ACH payments you shouldn't be getting a percentage fee.  At most a small fee of $0.50 - $1.00.  Our service for example doesn't charge anything for ACH, but we do charge a % for credit cards.  Most others are similar.  If you google "tenant ach" I'm sure you'll get a number of options.

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