Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
General Landlording & Rental Properties
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated about 9 years ago on . Most recent reply

User Stats

24
Posts
1
Votes
Alex Malone
  • Investor
  • St. Petersburg, FL
1
Votes |
24
Posts

Automatic ACH pulls/debit for rent

Alex Malone
  • Investor
  • St. Petersburg, FL
Posted

I have some elder tenants that dial up their credit union every month and pay $25 to wire rent because their credit union claims not to do ACH!? They don't use computers/smart phones so anything they they have to set up online themselves is out of question. Is there a service that lets me do ACH pulls from their accounts? My HOA does that, but can't find out who they're using.

Most Popular Reply

User Stats

63
Posts
10
Votes
Marcus Blalock
  • Investor
  • Dalton , GA
10
Votes |
63
Posts
Marcus Blalock
  • Investor
  • Dalton , GA
Replied

I use Cozy.co and have not had any issues.  I know you said they do not use computers, but you could go help them set the ACH up and then the payment is processed automatically every month without them having to use computers.  All you have to do is set up the lease on Cozy, amount of payment, help them enter their info, and that is it. Just the one time setup and then it is automatically drafted every month. Payment will take 5 days to hit your bank account from the time it is pulled from the renters.

Loading replies...