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Updated about 7 years ago on . Most recent reply

User Stats

81
Posts
47
Votes
Kevin Mosier
  • Superior, WI
47
Votes |
81
Posts

Collecting Rent Online

Kevin Mosier
  • Superior, WI
Posted

Hello All!

I'm about to close on my first deal. I found an owner-financed 8 unit, and we're writing up the contract this week. 

As the property is about to change hands, I've started thinking about how I'm going to collect rents. BP has a great article on this:

https://www.biggerpockets.com/rei/pay-rent-online-...

But the problem is, everyone I reach out to (I've only tried two so far) has said they have a minimum of 100-500ish units. I'm going to have 8. What do you recommend? 

Most Popular Reply

Account Closed
  • Investor
  • Tulare, CA
23
Votes |
34
Posts
Account Closed
  • Investor
  • Tulare, CA
Replied

There has been a few threads about this recently but I currently use Cozy.co and have been really happy with their service. They also are adding on additional features such as estimated rents and maintenance requests from the tenants in their suite. I suggest you check them out.

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