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Which method of rent collection would be best
Hey BP,
I'll be closing on my first property on the 20th. I'm unsure the best way for me to collect rent. I'll be living around an hour away from the house so I'd prefer not to pick up checks and mailing isn't the best option for me. I'm between having the tenant deposit it at my bank which has a branch only about 2 minutes away from them or use an online payment such as erentpayment (or any other site suggestions you guys have). In your experience which would be best?
Thanks
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I use erentpayment. They do it from the comfort of home and it's put in my bank account within a few days. Win win.