Collecting Upfront Cost from a Distance
Hello! We bought our first two rental properties this summer! One thing I have ran into so far was how to collect upfront cost from an approved applicant when signing the lease from a distance. We had the tenant use paypal to send us the money after they had emailed us the signed lease but we were charged a big fee from paypal. How do you suggest we collect these payments? Do you have them send a check in the mail in this situation?
And yes we did meet them in person when showing the property but they were not ready to decide that day and currently live a few hours away,