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Updated almost 8 years ago on . Most recent reply

David Sanford's profile image
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David Sanford
  • Rental Property Investor
  • from Chester, VA
  • Member since Nov 16, 2016
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David Sanford's profile image
David Sanford's profile image
David Sanford
  • Rental Property Investor
  • from Chester, VA
  • Member since Nov 16, 2016
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David Sanford
  • Rental Property Investor
  • Chester, VA
32
Votes |
123
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General Landlording & Rental Properties

Hands off way of collecting monthly rent

David Sanford
  • Rental Property Investor
  • Chester, VA
Posted
Does anyone out there know of a free or cheap online service that their tenants can pay rent and it deposits into your account? I don't want to have to drive to my rentals anymore and I don't want them having my home address to mail it to me. Or maybe should I set up a P.O.Box? Thanks in advance!
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Jennifer Toomey's profile image
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Jennifer Toomey
  • Flipper
  • from Chicago, IL
  • Member since Mar 19, 2017
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Jennifer Toomey's profile image
Jennifer Toomey
  • Flipper
  • from Chicago, IL
  • Member since Mar 19, 2017
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Jennifer Toomey
  • Flipper
  • Chicago, IL
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Jennifer Toomey
  • Flipper
  • Chicago, IL
Replied

I use Venmo and LOVE it! I send a request on the 1st of the month- then they complete it. No fees for you. If they choose to use a credit card on their end- they pay the fee.  It is essentially Paypal- but easier and secure. Anyone with any bank can set up and account.

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