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Updated almost 9 years ago on . Most recent reply

Dorothy Ma's profile image
Dorothy Ma's profile image
Dorothy Ma
  • Investor
  • from Denver, CO
  • Member since Aug 21, 2015
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Dorothy Ma's profile image
Dorothy Ma's profile image
Dorothy Ma
  • Investor
  • from Denver, CO
  • Member since Aug 21, 2015
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Dorothy Ma
  • Investor
  • Denver, CO
73
Votes |
138
Posts
General Landlording & Rental Properties

Any Landlords use Venmo to receive rent?

Dorothy Ma
  • Investor
  • Denver, CO
Posted

The tenants of a new property I just acquired asked if they could pay their rent via Venmo.  Now I'm considering offering this option to all my other tenants.  I have not used Venmo much so I'm not too familiar with it, but wanted to see if there's any landlords out there with experience and if there are any drawbacks?

Thanks!

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Patrick O'Brien's profile image
Patrick O'Brien's profile image
Patrick O'Brien
  • Rental Property Investor
  • from Westford, MA
  • Member since Feb 22, 2016
  • Posts 16
  • Votes 8
  • Experience 13 Yrs
  • Investments 4
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16
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8
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Patrick O'Brien's profile image
Patrick O'Brien's profile image
Patrick O'Brien
  • Rental Property Investor
  • from Westford, MA
  • Member since Feb 22, 2016
  • Posts 16
  • Votes 8
  • Experience 13 Yrs
  • Investments 4
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Patrick O'Brien
  • Rental Property Investor
  • Westford, MA
8
Votes |
16
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Patrick O'Brien
  • Rental Property Investor
  • Westford, MA
Replied

I use eRentPayment.com for my unit. I like this option as it is only $3/transaction. Rent is automatically withdrawn from my tenants accounts on the 1st and auto deposited into mine about 5 business days after. 

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