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Updated over 8 years ago on . Most recent reply

User Stats

19
Posts
7
Votes
Steve Smith
  • Investor
  • Caledonia, MI
7
Votes |
19
Posts

Requiring ACH Rent Payments

Steve Smith
  • Investor
  • Caledonia, MI
Posted
With our first rental property, we got the tenant set up with ACH, and the rent amount comes into our bank account each month automatically. This is working great. For our second rental property, the inherited tenant is pushing back on the ACH idea, and instead wants to do money orders. Can we require the tenant to use ACH? Should we just accept the money orders? Any thoughts would be greatly appreciated.

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