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Updated about 7 years ago,
Changing payment process for inherited tenants
I'm closing mid-December on a tenant-occupied SFH. This is the first time I've purchased investment property with tenants in place, so want to be sure I do everything correctly. Their lease runs through July 2018. Current owner lets them mail a check for monthly rent. This has been a problem for her due to delivery delays and mail theft. I've avoided similar problems with my own rentals by requiring tenants to pay online.
My question: can I require the inherited tenants to pay rent online even while they're on their existing lease?