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Updated about 1 year ago on . Most recent reply

User Stats

121
Posts
65
Votes
Jerome Kaidor
  • Investor
  • Hayward, CA
65
Votes |
121
Posts

Online Rent Payments

Jerome Kaidor
  • Investor
  • Hayward, CA
Posted
Hello!

    Once in a while, tenants ask if they can pay online.   I have always shied away from it.  Because - what if I'm evicting them?  I give them a 3day, they pay me a few bucks online, and the 3day is toast.   Without an online option, I can always just decide
not to cash the check.  

  In fact, this happened recently.  A tenant owed me some months of rent, I had them served with a 3day, and they mailed
me a small check.  And it was postmarked after the 3 days...
I did not cash the small check;  rather, I sent it back to them, explaining that I couldn't take it.

For an online service to be acceptable, it would have to support refusing payments that are under an easily-set threshold.
Or refusing them entirely - in an eviction situation.

Anything like that out there?
  • Jerome Kaidor
  • Loading replies...