Independent landlords.. How do you collect rent??
Hi all
Was curious for the independent landlords (those acting as their own property manager) what's your preferred method for collecting rent and keeping costs down at the same time. I previously used an electronic service but they charged almost $10/month. Thus I told my old tenant to drop a check in the mail. I only have 1 property currently so no big deal with managing paperwork. I have a New tenant moving in now, prefers electronic payments so I'm using PayPal in the interim.
What programs/websites do you use?
Do you collect rent by other means? (Eg check in the mail)?
Any other advice on this? I like simplicity and if possible to avoid delay in ACH transfers between accounts.
Thanks