Rent Collection Tools

[Alyssa Lebetsamer]

Ok, let's talk rent collection...

I currently have my tenants mail me the rent - to a PO box because I do not want them to know where I live. This works just fine for the most part, but I have one guy who is constantly running right up to the deadline and wants to drop the rent off. There's the problem - I have no where for him to do that. I have had to meet him a few times to receive payment and I am so over it. How do y'all accept payment? I know that there have got to be other ways out there other than just through the mail. Anything cool and new that you love? 

[Ian Tvardovskaya]

I have been offering tenants Venmo. They provide monthly receipts, the transfer is instantaneous, and it hooks right up to my bank account. The drawback is having to teach tenants how to use it.