Online rent payment resources?

[Brian Knox]

Hi Guys!

Briefly: what options exist for getting tenants set up for making online rent payments?

Or, is it still recommended to have tenants mail checks?

I have been out of the landlord game for two years now so I was just curious what you guys have had success with.

I appreciate any insight!

Brian

[Robert Gandy]

@Brian Knox, I use Venmo. It is an app that works really well for person to person payments. You link your Venmo account to your bank account. Your tenants will do the same. You request them to pay you, and they complete the transaction by transferring money from their bank account to their Venmo account and then to your Venmo account. You can then transfer the money to your bank account. It is pretty neat. It is not limited to just rental payments. You can pay friends with it for dinner or anything that comes up without having to write a check.