Collecting Rent From Tenants

[Jimmy Ready]

Hello All,

As the title says I am interested in learning how to collect tenant rents. I am about look at a promising property and if everything checks out I'm going to look at making an offer. How do you go about collecting tenant rents/security deposits? Is there an automatic billing system I can set up? How do you guys do it and what seems to work best?

thanks

jimmy

[Huy Thai]

With most major banks adopting the Zelle quick pay, it’s become very easy to collect. All my tenants pay directly to my account using just my business email. I get an email notification when they have initiated the payment and money shows pending a few hours later.