Best Practices for automating rent collection.

[Drew Wiard]

Hey guys!  Could sue your input...

I have been a Small-time landlord for sometime in SFR's, and am looking to stop taking rent payments via Cashier's Check/MO's.

I would like to know:

1)  Your preferred electronic method/system for collecting rents.

2)  If you know of any systems that I can use that record payments for the sake of letting rent payments count toward credit scores (i.e., can help to build a tenant's credit score by paying on time, etc...)

Thx!

......aaaaaaaand GO!

[Eddie T.]

As far as electronic that will help tenants build their credit you can look into:

Williampaid.com

I personally have not used them but have read good reviews.