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General Landlording & Rental Properties

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Kevin McDonald
  • Investor
  • Lusby, MD
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30
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cash rent payment on erentpayment.com?

Kevin McDonald
  • Investor
  • Lusby, MD
Posted Sep 15 2015, 06:14

I am getting ready to acquire my 3rd rental property and it is already starting to be a pain collecting rent payments.  I want to start using an electronic rental payment service to make it easier for myself and my tenants.  I was curious if any of you use electronic rental payment services and if so what if you have a tenant who insists on paying cash?  Do you require the tenant to use the electronic payment service in the lease or do you offer it as an option? 

I know a lot of old timers are set in the way they do things and just prefer paying cash, I would hate to loose a good tenant over requiring them to do something they don't want to do. 

I have done some research and it seems a lot of people seem to like erentpayments.com on this forum.  I looked through the questions and answers and don't se any instructions for somebody wanting to do a cash transaction. 

Thanks

Kevin    

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