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Updated over 10 years ago, 08/24/2014

User Stats

137
Posts
39
Votes
Chance Cooper
  • Real Estate Investor
  • Raeford, NC
39
Votes |
137
Posts

Rent Drop Off

Chance Cooper
  • Real Estate Investor
  • Raeford, NC
Posted

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?

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