I would love to know what are your preferred methods to receive rent payments 👍
I feel like the technology we have today should allow our tenants to pay using online methods. However, all the rental properties in my area still only allow check, direct deposit or a credit card with a service fee....
I am just starting my first house hack and want to set up the tenant with auto-pay. What is the best method of doing this? Is there a way to direct the deposit without writing it to my personal name?Also, I want to be...
Hi Everyone! I'm really excited to have found the BP community. I've been watching the forums and browsing and satisfying my curiosity about the subject and science of REI.I've talked with a few landlords in my local ...
Hello! I'd like to know your thoughts and experience on accepting rent payments. In the past, I've accepted checks with no problems and online transfers with no problems. Unfortunately, I just evicted a tenant this su...
What online payment methods does anyone recommend. I am going to have a property 2.5 hrs away, 1 hr away, and I'll be living in other property. So I am still going to try and manage these so online payments are a must.
A tenant has suggested we use the services ZELLE or Venmo to collect rents. Currently we use snail mail to our P.O. box to collect rent checks. Is anyone familiar with these services, and can you tell me how they wo...
Hey Everyone,How do you all pay contractors or disburse funds for others reasons? Everyone uses Zelle, but I'm running into daily and monthly limits. Getting paid by Zelle is great. Paying by Zelle is not. Fewer peop...
Entering the rental business and I have a few questions regarding the following items: Contracts, backgrounds, and payments.
Do you come up with your own contracts or outsource them, i.e. lawyer, contract ser...
Hello BP,I have been researching online payment methods for collecting rent. A lot of them seem to have a 3% or 4% fee associated with them (which is $30 to $40 for my tenants.) Does anyone have a good online paymen...