Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime
General Landlording & Rental Properties
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated almost 3 years ago on . Most recent reply

User Stats

10
Posts
3
Votes
Eric Chauvin
  • Real Estate Broker
  • Boston, MA
3
Votes |
10
Posts

Rent Collection: Auto Debit ACH Payments

Eric Chauvin
  • Real Estate Broker
  • Boston, MA
Posted

I am looking for another service similar to payyourrent.com where you can set up rent collection where YOU pull the rent out of their account. This is different from other sites that require the tenant to set up/change the Auto ACH. Payyourrent.com has too many unnecessary features and the site is very unintuitive. Any recommendations?

  • Eric Chauvin
  • Most Popular Reply

    User Stats

    1,220
    Posts
    936
    Votes
    Mike S.
    • Investor
    • Broward County, FL
    936
    Votes |
    1,220
    Posts
    Mike S.
    • Investor
    • Broward County, FL
    Replied
    Quote from @Eric Chauvin:

    I am looking for another service similar to payyourrent.com where you can set up rent collection where YOU pull the rent out of their account. This is different from other sites that require the tenant to set up/change the Auto ACH. Payyourrent.com has too many unnecessary features and the site is very unintuitive. Any recommendations?

    Any bank can do ACH pull. But some will not give you an easy online access panel unless you have some pricey business account with them.

    My local bank, with free business checking account, give me free full online ACH capability.

    However it is still your responsibility when you do a pull ACH to have written authorization from your tenant to do so. Also, the pull can be reversed within 60 days. If there is insufficient fund you may get charged a reversal fee too.

    Loading replies...