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 over 10 years ago on . Most recent reply

User Stats

310
Posts
34
Votes
Precious Thompson
  • Real Estate Agent
  • Philadelphia, PA
34
Votes |
310
Posts

Most Popular Reply

User Stats

13,453
Posts
8,355
Votes
Steve Babiak
  • Real Estate Investor
  • Audubon, PA
8,355
Votes |
13,453
Posts
Steve Babiak
  • Real Estate Investor
  • Audubon, PA
Replied

I suggest you do not allow that, since you probably are not set up to accept credit cards, since there is a fee to the merchant to accept a payment via credit card, and since the card holder can dispute a charge. 

That is also an indicator of a poor tenant prospect - does not have enough money to pay the typical move in expenses for a new rental. 

Better for you if you require cash or postal money order for move in money. Something that can't be easily faked and that won't bounce on you. 

Loading replies...