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Updated almost 10 years ago on . Most recent reply

User Stats

332
Posts
74
Votes
Pavel Sakurets
  • Investor
  • Minneapolis, MN
74
Votes |
332
Posts

Does anybody know best & automatic way to accept rent from tenant

Pavel Sakurets
  • Investor
  • Minneapolis, MN
Posted

Hi, does anybody know what can be done to accept payments from 40 tenants electronically and automatically?

I have a lot of tenants and changing a property manager. My accountant deposits checks in the bank, but this is such a waste of time. What would be the better way?

I have several people that my Co pays through billpay every month. Wondering if I receive payments from tenants via billpay, how would I know which payment is from whom because we have a lot of payments from tenants that are the same $ amount.

I'm sure there is a better way doing that than making deposits at the bank or with smart phone

Most Popular Reply

User Stats

44
Posts
14
Votes
Deanna Bennett
  • Des Moines, IA
14
Votes |
44
Posts
Deanna Bennett
  • Des Moines, IA
Replied

Hey @Pavel Sakurets,

If you are still looking, BiggerPockets has a list of online rent payment softwares listed here: https://www.biggerpockets.com/rei/pay-rent-online-...

Happy to help if you have any questions about them. 

Cheers!

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