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Updated about 9 years ago,
collecting the green
Alright BP world, I need some helpful advice on my 1st rental. The rental has been renovated and the right tenant has been found for this single family home. I will be meeting with the tenant on friday to sign the lease . I can't believe I haven't figured out how to collect the rent. This property is only 5 minutes from my residence so do I pick it up, have them mail it to me, set up a bank account at a Bank and have them take it there? Please shead some light on this simple but complicated subject for me.