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General Landlording & Rental Properties

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Mike B.
  • Flipper/Rehabber
  • Yardley, PA
305
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451
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Independent landlords.. How do you collect rent??

Mike B.
  • Flipper/Rehabber
  • Yardley, PA
Posted Apr 30 2016, 12:54
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

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