Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
General Landlording & Rental Properties
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 5 years ago,

User Stats

191
Posts
99
Votes
Matt McGuire
Pro Member
  • Rental Property Investor
  • Montgomery, TX
99
Votes |
191
Posts

Long Distance Rent Collection - Electronically Challenged Tenants

Matt McGuire
Pro Member
  • Rental Property Investor
  • Montgomery, TX
Posted

I recently acquired a 4-plex a few hours away from where I live and I planned to collect rent using Venmo or Zelle or something similar. I found out yesterday that my tenants don't have bank accounts. They don't know what Venmo is. They just cash their paychecks at the gas station or wherever. The previous landlord was local and he would go by there and pick up the rent money. I set up a PO Box so they can mail the rent, but what other suggestions do you have to collect rent in this situation?

  • Matt McGuire
  • Loading replies...