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Updated over 6 years ago on . Most recent reply

User Stats

18
Posts
7
Votes
Michael Heredia
  • Austin, TX
7
Votes |
18
Posts

Collecting rent payments for renting a room

Michael Heredia
  • Austin, TX
Posted
I'm thinking about renting a room in my house. What's the best method to collect rent payments? What do you all use?

Most Popular Reply

User Stats

156
Posts
99
Votes
Josiah Kay
  • Rental Property Investor
  • Wauwatosa, WI
99
Votes |
156
Posts
Josiah Kay
  • Rental Property Investor
  • Wauwatosa, WI
Replied

Hi Michael,

I am currently renting out a SFR and I am using checks as the payment method. With mobile deposit, I find this to be fairly minimal effort on my part. None-the-less, I am looking into using Cozy going forward as I start to acquire more rentals. If you want to shy away from checks, I'd recommend doing a search of the forums for online rent collection as there is a plethora of information out there.

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