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Updated over 2 years ago,

User Stats

101
Posts
46
Votes
Nick Ferguson
  • Investor
  • Parma, OH
46
Votes |
101
Posts

Using Venmo to collect rent

Nick Ferguson
  • Investor
  • Parma, OH
Posted

Has anyone used Venmo to collect rent?  If so, what was your experience?

I'm currently using a bank that has a branch both where I live and where my property is (about 4 hours drive).  I am thinking about switching all of my business banking to a local credit union to try to build a relationship locally and open opportunities for better future financing.  If so, there obviously won't be a branch near my tenants so I'm considering options.  I don't want to deal with mail and checks/cash and I don't want to pay extra for a service that should be free. 

Thanks everyone. 

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