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Updated over 5 years ago on . Most recent reply
![Todd Snyder's profile image](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1080046/1621508548-avatar-todds120.jpg?twic=v1/output=image/crop=320x320@121x5/cover=128x128&v=2)
What hassle free ways do you collect rent?
I am always looking for creative systems to improve my landlord experience. I currently use Cozy to collect rent for my duplex, but it charges my tenants 2.75% of rent if they use a card and don't link their bank account. Most tenants are fearful to link to their bank account and they certainly don't want to pay the 2.75% (I know I wouldn't). For this reason they try to pay with checks in the mail. I don't want to deal with the hassle of cashing checks or having to trust the tenant when they say the checks in the mail on the 4th. I still want to learn as much of buy and hold Real Estate as I can so property manager isn't on my radar right now. I live in Ohio and an hour away from my property. I'm curious what other landlords are currently using to collect rent?
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![Harvey Yergin IV's profile image](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/311944/1621443486-avatar-harveyy.jpg?twic=v1/output=image/crop=952x952@0x65/cover=128x128&v=2)
@Todd Snyder This has worked GREAT for us:
Step 1) Setup a dedicated account with Huntington or Chase or some other user friendly bank
Step 2) Give tenants routing and account number (we put it in lease with instructions for payment)
Step 3) Tenant pays via online ACH or walks into bank and deposits check or cash into your checking account.
Step 4) You get text notifications once the money hits your account 😁
Tenants obviously can deposit but not withdrawn or anything else.