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Updated about 5 years ago,
Best way to collect rent?
Hi, I purchased a 3 bedroom condo and have been living in it while having 2 roommates. I’m going to move out in a couple weeks and put another renter in my spot.
During this transition I want to revise the way I collect rent. Recently it’s been very easy to collect it in person since I live with them, but that is about to change.
What is everyone’s favorite way to collect rent that is convenient for both me and the tenant?
Also note that one tenant doesn’t have a checking account but is respectful and pays on time, so I want to make sure to accommodate his abilities.