Payment Options for Contractors Who Only Take Checks
Hi Bigger Pockets Community!
Do any of you know of any fixed fee (or better, no fee) electronic payment options where I could send my contractor money without needing to write a check? I've written dozens of checks, so it's not that I can't - but when he wants a percentage up front and needs it to buy materials, cutting a check and being at home for him to pick it up so he can start in a timely manner is not the most efficient. Additionally, when I have several projects going, I have to do a lot more accounting for floating checks/expenses than I would need to if I scheduled each electronically.
Has anyone found a good and simple method for transferring money electronically that a contractor could immediately see the value? I.e. he gives me his email and has his money in 15-30 minutes with low fixed fee or no fee? I have heard of services like this for landlords, but not for paying monies owed on projects.