Collecting rent from afar.

[Joe Moore]

1. I am basicly an out of state investor. Anyway I do collects rents near and far.  I have a bank acct that I have given all my tenants in order to deposit their rent money. Their deposit receipt is their rent receipt. This have work for both my tenants and me.  I use BOA which is a big bank.  To those who was wonder how to get your rent from far or near, this will make collecting rent simple.  They can also use their own online billpay from their bank acct to pay you rent.  For those who tenants who are not near a big bank, you can open a bank account that is in their locality.  You can open that account online for expediency with their local bank or just call the bank and do it.

[Rob Caldwell]

Tenants can also pay their rent through PayPal.  There is no fee to the sender and the recipient if they select "living expenses" as the category for sending the money.