While you live in the home you can make improvements as time and budget allow, and it’s a great time to start flexing DIY muscles to cut even more costs.3.

Tenants can submit secure ACH transfers directly from their bank account to yours, or they can use a credit card if they are willing to pay a fee.

Anticipated FeesMost custodians, you'll pay a $50 transaction fee, plus a charge depending on how you want the funds delivered to the borrower ($7 for a check, $30 for a wire, no fee for an ACH). 

On Monday I received a ACH from SBA for $2,000.00. 

I have a loan payment due on a recent rental property that I purchased, and would like to set up an ACH directly from the LLC bank account that I have it in to pay the payment. 

@William Thresh I have all of my tenants set up on automatic bank draft ACH rent payements, set up to match the terms of their lease.

My question is - Has anyone tried offering an incentive for tenants to sign up for ACH? 

Nobody is muscled into a deal, or lied to to get them to believe they are benefiting in a way they are not.

One uses ACH and several use Zelle.I use Zillow or residentresearch.com for background checks.I train my tenants to make the rent on time or pay a late fee or have an eviction filed against them.

@Hunter FitchEverybody seems to add about 50 lbs of muscle, and a bit more venom to their bite when they are behind a keyboard rather than face to face.