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Updated over 8 years ago on . Most recent reply

User Stats

45
Posts
6
Votes
James Cannon
  • Banker
  • Saint Paul, MN
6
Votes |
45
Posts

Long Distance Landlord

James Cannon
  • Banker
  • Saint Paul, MN
Posted

Hi everyone, I recently purchased my first duplex, a 6 bedroom 3 bath home in an economically and ethnically diverse part of St. Paul, MN. Since I will be moving out of the duplex, renting it out, and moving in to an apartment outside of the city I'd like to collect rent payments using some sort of online system (preferably one with an app.) where I can collect rent payments. I knew I had to come to the experts at BiggerPockets with this question! What our some online rent collection websites that you all have used that you'd recommend!? Please chime in. Let me know. Have a great night!

Most Popular Reply

User Stats

10,251
Posts
16,108
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Steve Vaughan#1 Personal Finance Contributor
  • Rental Property Investor
  • East Wenatchee, WA
16,108
Votes |
10,251
Posts
Steve Vaughan#1 Personal Finance Contributor
  • Rental Property Investor
  • East Wenatchee, WA
Replied

Congrats on your first place, James! And congrats on self-managing. Nobody will take as good of care as your property as you. 

Some people are in the habit of offering zero content on here while at the same time bashing what you are doing. Don't worry about them.

I use cozy.co for some of mine. It's free and works great once you convince it you don't have a brand new tenant that also needs to prorate and  pay security deposits.

I've also used Chase Quickpay and some I give deposit slips to put in the bank directly.  Hope this helps!

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