Chicago - Collecting Rent

[Sylwester Olszewski]

How do you all collect rent? I have one tenant that does Chase quick pay which I love and have a second tenant that I need to chase and hound to get paid. Then I end up going to pick up the rent myself. It is the tenants responsibility to get the rent to me correct? I do not need to be hounding them and going over to pick up the rent. 

[Eric S.]

The vast majority of my tenants deposit the money directly into my account.  I've been doing that for about 10 years and have never had a problem.  I also use www.dwolla.com, which is like paypal but only costs $.25 per transaction.  

I refuse to go and pick up rent.  It is a waste of my time, not to mention dangerous.  

I know that Chase bank no longer allows cash deposits into accounts that an individual is not named on, but all of the other major banks do.