Collecting Rent via Apps/Software

[Brandon Jeanmarie]

Hey BP, 

Currently have just 1 rental and looking for others. Right now I pick up the rent check just to check on the house and ensure I get a check in hand on the 1st. I am looking to automate this and collect rent in an app like cozy or dwolla. Trying to implement systems to get more organized and save time. Does anyone have any advice on what software or application to manage rental portfolios and/or collect rent?

Thanks 

Brandon 

[John Underwood]

@Brandon Jeanmarie, You want money to get to your bank account right? Why no just have them drive to your bank and put it in your account? That is what most of my tenants do.

Giving them your account number is no different than when you write someone a check, they have your account number. 

I also have started using Zelle for some of my more sophisticated tenants. It was already part of my Wells Fargo bank app on my phone. It is supported by the major banks and is an instant transfer and is free to use.