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Updated over 1 year ago on . Most recent reply

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3
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1
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Gray Wilson
1
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3
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Rent collection methods

Gray Wilson
Posted

What are some methods being used for rent collection?  I have a home office and do not want tenants delivering rent to my home.  I'm considering Zelle/Venmo/CashApp etc.  What are the pros and cons of each of those?  And for tenants who do not use those what other ideas are out there other than snail mail?

Most Popular Reply

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128
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125
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Angie Castro
  • Real Estate Broker
  • Charlotte, NC
125
Votes |
128
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Angie Castro
  • Real Estate Broker
  • Charlotte, NC
Replied

I use zelle for convenience. I can track the past payments and it doesn't have any additional fees. It goes into my business checking directly.  I've used turbotenant as well and it's a user friendly option to send the lease, store docs, and receive payments but it costs $99 per year.

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Angie Castro with Monarch Group
5.0 stars
24 Reviews

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