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Updated over 4 years ago, 05/14/2020

User Stats

72
Posts
47
Votes
Bernard Sanga
  • Investor
  • Lakewood Ranch, FL
47
Votes |
72
Posts

Collecting rents from a tenant without bank account

Bernard Sanga
  • Investor
  • Lakewood Ranch, FL
Posted

Hi,

I just completed a deal (duplex) and I inherited a tenant who does not have a bank account. He pays cash to the previous landlord.

I am new to real estate investing and would like to hear recommendations on what systems to use to receive payments in this case. I heard about paynearme and netspend. Any experience with them?

Any input or recommendation will be greatly appreciated.

Bernard

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