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Updated almost 6 years ago on . Most recent reply

User Stats

46
Posts
7
Votes
Jupshy Jasmin
  • Investor
  • miami, FL
7
Votes |
46
Posts

How do tenants pay their rents?

Jupshy Jasmin
  • Investor
  • miami, FL
Posted

I just purchased this rental property and trying to figure out how to accept their rental payments. Have anybody used Cozy online features? I am skeptical in regards to direct deposit.

Most Popular Reply

User Stats

1,126
Posts
1,081
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Craig Curelop
  • Real Estate Agent
  • Post Falls, ID
1,081
Votes |
1,126
Posts
Craig Curelop
  • Real Estate Agent
  • Post Falls, ID
Replied

@Jupshy Jasmin - Congratulations on purchasing a rental property. I use Cozy right now and I love it. 

It's 100% free and you can walk your tenants through setting up recurring payments that hit your bank account on the 1st of each month. That way, it's literally impossible for them to forget. 

Really the only way they don't pay rent is if they don't have money in their account, which is something your screening process should take care of! 

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