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Updated about 9 years ago on . Most recent reply

User Stats

79
Posts
118
Votes
Ehab Shoukry
  • Investor
  • Houston, TX
118
Votes |
79
Posts

Bank of America Express Invoicing

Ehab Shoukry
  • Investor
  • Houston, TX
Posted

Hi all -

Has anyone used Bank of America Express Invoicing to collect rent from your tenants?  You basically can setup recurring invoices to your tenants and they can pay using any bank, debit or credit card.  It costs $10 a month for 20 transactions.

I am currently using Rentpayment.com through mysmartmove.com and they charge 10% per transaction--pretty hefty fees.  Plus every time I get a new property and new tenant, I have to add the property which is a 5 day process and then I can add the tenant.  I also would say that the user interface on the property manager side is very clunky.  

It seems like there should be an easier option than this.

Thanks,

Ehab

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