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Updated over 2 years ago, 08/02/2022

User Stats

6
Posts
4
Votes
Lucas Laufenberg
  • Rental Property Investor
  • Kansas City, MO
4
Votes |
6
Posts

Collecting Rent Electronically

Lucas Laufenberg
  • Rental Property Investor
  • Kansas City, MO
Posted

I am a newbie investor and I am looking for recommendations for electronic payment methods to implement for my tenants to pay rent. I currently just collect checks from my tenants I house hack with, but I am in the process acquiring my first property that I will not be living in. So I wanted to move to collecting rent electronically. With such few tenants still, does it make sense to just use Paypal or Venmo? or are the better options out there? Thanks in advance!

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