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Updated almost 5 years ago on . Most recent reply

Patty Capson's profile image
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Patty Capson
  • Investor
  • from Centennial, Co
  • Member since Sep 14, 2019
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Patty Capson's profile image
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Patty Capson
  • Investor
  • from Centennial, Co
  • Member since Sep 14, 2019
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Patty Capson
  • Investor
  • Centennial, Co
4
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22
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General Landlording & Rental Properties

Collecting rent through Venmo

Patty Capson
  • Investor
  • Centennial, Co
Posted

In the past, I have only collected rent by money orders.  Last month a tenant asked me if they could pay through Venmo.  Is there any reason why I should not let tenants pay through Venmo? 

I have tried to collect through Cozy management, but it took forever.  

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Kyle J.'s profile image
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Kyle J.
  • Rental Property Investor
  • from Northern, CA
  • Member since Jun 14, 2012
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Kyle J.'s profile image
Kyle J.'s profile image
Kyle J.
  • Rental Property Investor
  • from Northern, CA
  • Member since Jun 14, 2012
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Kyle J.
  • Rental Property Investor
  • Northern, CA
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Kyle J.
  • Rental Property Investor
  • Northern, CA
Replied

Venmo is great. It’s free, safe and the funds transfer instantly from the tenant to you with no worry about the check or money order getting “lost in the mail”. 

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