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Updated almost 3 years ago on . Most recent reply

User Stats

57
Posts
8
Votes
Joe C.
  • New to Real Estate
  • New England
8
Votes |
57
Posts

payment % record keeping

Joe C.
  • New to Real Estate
  • New England
Posted

I have 2 properties where I require rent to be paid by ACH. The tenants started paying by Zelle.

I've always had all transactions coming from one bank account but that bank account does not accept Zelle. The money comes into a 2nd bank account not related to the rental. Once the Zelle payment hits the 2nd bank account, i pay my mortgage from there. What this has created is the use of 2 bank accounts compared to one. Are there any suggestions on how to keep this simple?

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