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Updated almost 4 years ago,
How to accept rental payments?
As a new out of state investor, I’m wondering how best to a accept payments if the tenants want to pay with personal check. Should I just open a bank account at a national big bank so they could deposit it at said bank in their state? Mailing checks seems slow and I wonder if they will get to me on time here in California. I will of course offer them the ability to pay online via Cozy or Zelle, Venmo, bank Bill pay, etc. thanks!