How should I collect my rents?

[Harry Standafer]

Hey all,

I've been casually house hacking for a little while (renting to friends, not unknowns) and as I'm starting to acquire more properties and lesser know tenants, I want a more professional way to collect rent. In the past I've just had my tenants send me money via Venmo, but I'm developing a need for a more professional platform. Specifically, a prospective tenant's father contacted me asking about setting up an auto-pay to pay a portion of his son's rent and I acted like that was no problem, but I'm clueless as to what the best way to do that would be.

Does anyone have a recommendation for some services that will process my rental payments for me. Obviously I would prefer to do so cheaply. Right now it would only be two rents paid by a total of three people, so I don't need much.

I don't care to do it myself as far as the time it takes, but I'm concerned with the appearance of professionalism, which is something I'm working on as I'm trying to grow.

Thanks!