How are you getting rent!!!

[Matthew Ramirez]

Hello everyone i just bought my first rental property and I’m curious to know how are you guys collecting your rents! My tenants said they had previously been doing it online and I want to know what websites you guys are using! Please help lol 

[Wesley W.]

I only accept rent via deposit at a predesignated bank account.  They can deposit cash, check, via bank transfer, etc.  I get an email alert every time there is a deposit.  Everyone has a unique rent amount so in case they do not leave a teller memo I can still tell who paid their rent.  I have a separate bank account for each building.

2. RENT: 

A. You agree to pay the monthly rent indicated above via deposit to the following checking account at BANK: account # xxxxxx; routing # xxxxxx  (nearest branch is xxxx). Rent is due in advance and in full on or before the 1st day of each month without deduction or set off. Time is of the essence. Payment may not be made by third party checks. If rent is not paid physically at a branch (i.e. it is paid online or via bank transfer), the date of payment will be considered the date when funds reach our account.