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Updated about 9 years ago,

Tawny Bloom's profile image
Tawny Bloom's profile image
Tawny Bloom
  • Investor
  • from Burlington, Vermont
  • Member since Aug 18, 2014
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28
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6
Votes
Tawny Bloom's profile image
Tawny Bloom's profile image
Tawny Bloom
  • Investor
  • from Burlington, Vermont
  • Member since Aug 18, 2014
Connect
Tawny Bloom
  • Investor
  • Burlington, VT
6
Votes |
28
Posts
General Landlording & Rental Properties

Direct Debit from tenants?

Tawny Bloom
  • Investor
  • Burlington, VT
Posted

We just looked at a property yesterday and the current tenants pay their rent via direct debit.  Does anyone have their tenants bank accounts automatically drafted?  And if so, how do you set this up?  What are the benefits and drawbacks to this type of arrangement?

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