Rent Drop Off

[Chance Cooper]

Just curious, what type of ways to you collect your rent?

Currently I own two homes (Primary Residence, One Rental). I have my renters deposit the monthly rent into my bank, they just tell the teller my name and they do this every month. I have it setup this way because I am in the Military and its easier for both us as I am in another state. I would love to do automatic draft from the tenant into a business account, but have not crossed that bridge yet.

With technology the way it is now with online banking etc. just curious as to how you have it setup or how you plan on changing to make it easier.

Thoughts?

[Timothy Riley]

@James Wise 

Does your deposit slips have your account and routing number on them? That scares me after dealing with some pro (negative) tenants in the past.

Just curious I would love for mine to drop it in my account but it's too many online ways to pay or charge things just using your account information.