I was recently introduced to Pay Near Me by Brandon Turner via BP podcast, where tenant can go to a 7-11 to pay rent (plus a $4 fee) and landlord can receive the rent instantly via direct deposit.I have signed up on Pay Near Me but I got an email from them right after I signed up that since I only have 1 rental property I am not eligible to use this service.Anyone has experience using this service?

Because cash can get spent instantly.

It rented instantly.

After doing a search, you'll be able to sort the results by distance, recently active, and by name.You'll be able to instantly learn who's active on BP in your neighborhood or city - so you can build your buyers list, lender list, and more.One final note - all BiggerPockets Members can search for local members within their Zip code- but if you are a Pro Member (not Pro Basic, sorry guys... better upgrade!)

If this was a financed offer, you should be be able to provide an approval letter from your lender.If you said it was cash, and had one of those instant-print letters off the internet, you may be in trouble.

I know that if my wife and I moved into a place with a side-by-side we'd instantly be considering the cost of replacing it.

Especially if I need to do a new lawn (we don't do those instant lawn carpets around here).

If not I instantly lose trust -Do they have many posts and if they don't what type of quality person are they?

Those tenants could instantly see the value created, and have not complained about the rent increase at all.Note that in my market, I could get another tenant in any of my properties in a matter of 1-2 weeks, so if vacancy rates are high in your area, that should play into your calculations.

Mike, you cannot list it in mls at 215k unless you have a signed listing at 215k signed by the rightful owner.Personally, as a broker and buyer myself, I would close the deal at 180k with full disclosure that buyer is a licensed agent and is buying for profit.Even then there have been cases where sellers caught wind of the instant gain, got pissed and filed suit.