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Updated over 10 years ago on . Most recent reply

Angela Henderson's profile image
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Angela Henderson
  • Investor
  • from Blackwood, NJ
  • Member since Nov 11, 2014
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Angela Henderson's profile image
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Angela Henderson
  • Investor
  • from Blackwood, NJ
  • Member since Nov 11, 2014
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Angela Henderson
  • Investor
  • Blackwood, NJ
14
Votes |
52
Posts
General Landlording & Rental Properties

Collection of Rent

Angela Henderson
  • Investor
  • Blackwood, NJ
Posted

I'm new to real estate investing and just about have my property ready for rent. I will be renting Section 8 ( not that it should make a difference) but wanted to know methods used to collect rent outside of cash, checks, and money orders.  Does anyone set up banking accounts that tenants can used to make deposits? I want to avoid mail and I really don't have time for picking up rents.  Thoughts??

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Leslie A.'s profile image
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Leslie A.
  • Real Estate Investor
  • from Houston, Texas
  • Member since May 22, 2010
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Leslie A.'s profile image
Leslie A.'s profile image
Leslie A.
  • Real Estate Investor
  • from Houston, Texas
  • Member since May 22, 2010
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Leslie A.
  • Real Estate Investor
  • Houston, TX
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Leslie A.
  • Real Estate Investor
  • Houston, TX
Replied

My tenants deposit their rent to my bank account.  I give them deposit slips.

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