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General Landlording & Rental Properties

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Kimberly T.
  • Investor
  • Colorado Springs CO
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Do you set any of your bills to auto-pay?

Kimberly T.
  • Investor
  • Colorado Springs CO
Posted May 15 2015, 08:37

I've heard pros and cons to setting bills to auto-pay.  Pros include saving time and stamps, not having to worry about forgetting to pay it, etc.  Cons include having trouble getting them to undo the auto-pay set up (maybe that's only with private companies?), running into trouble when you change an account or something else changes, etc.

So I'm curious what fellow landlords do.  We own our house plus 4 rentals, so I pay a lot of bills.  Do you set up all bills to auto-pay if possible?  Only certain types of bills?  Why/why not?

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