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Updated 11 months ago on . Most recent reply

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Cristo Rey
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Methods, platforms or apps to automatically debit rental payment to tenants.

Cristo Rey
Posted

I'm a landlord and I will have a new tenant since my old tenant don’t want to renew the lease, So with this new tenant I want to use the auto-pay debit from tenant's bank account and send it to my account, in order to avoid late payments and stress.

Just to be clearer, I don't mean the method that tenants set up the autopay or Zelle in his bank account, but some method, app or digital platform, that debits the payment from tenant’s bank account at some specific date of each month, and It sends it to my bank account. It’s like the automatic debit method that some bill companies do. So, in case tenants want to stop the automatic debit, he/she would need to contact me, then I will manage through the app in order to stop the auto debit.

Thanks in advance for your help.

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Mary M.
  • Rental Property Investor
  • Portland OR
3,369
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Mary M.
  • Rental Property Investor
  • Portland OR
Replied

If you have a business bank account ask your bank about ACH ability.  

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