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Updated about 6 years ago on . Most recent reply

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7
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Liliana Tepan
  • Rental Property Investor
2
Votes |
7
Posts

Looking for ways to set up automatic rent payments

Liliana Tepan
  • Rental Property Investor
Posted

Hi Everyone! I am a relatively new landlord, currently house hacking a 4-unit property in NJ and it has been a great experience so far. I am looking for ways to automate the process of collecting rent as I've learned when knocking on their doors every first of the month, gives my tenants an opportunity to complain about any small things. If anyone has any advice/recommendations on this topic, please fee free to share. Thanks!

Most Popular Reply

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1,193
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Jim Cummings
  • Residential Real Estate Broker
  • College Station, TX
968
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1,193
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Jim Cummings
  • Residential Real Estate Broker
  • College Station, TX
Replied

@Liliana Tepan. If your tenants have a bank account, simplest probably is to setup AutoPay through their bank to automatically pay on designated day. For more electronically savvy, there is Zelle, Cozy, and many others. 

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