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Updated almost 9 years ago on . Most recent reply

User Stats

12
Posts
3
Votes
Brent Hayden
  • Investor
  • Charlotte, NC
3
Votes |
12
Posts

What is everyone's suggested online rent collection method & why?

Brent Hayden
  • Investor
  • Charlotte, NC
Posted

Trying to choose the best method for collecting rent. rentpayment.com denied me since my LLC (business) is not over 12 months old which I thought was interesting. Any suggestions out there?

Most Popular Reply

User Stats

854
Posts
506
Votes
Soh Tanaka
  • Property Manager
  • Lindenhurst, IL
506
Votes |
854
Posts
Soh Tanaka
  • Property Manager
  • Lindenhurst, IL
Replied

I use ClearNow. Money gets taken out from the tenant's account automatically and will be deposited to my account automatically also. I love it, but it's a bit pricey ($15 for the 1st property, and $2 each from the 2nd property). I'm in the process of changing all my tenants to Cozy, which is free! I hope this helps.

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