ACH/Auto Deducting Rents from Tenants

[Matthew Rogers]

I own a small business and use an ACH processing company for the majority of my customs payments. It works very well as every month I know for sure what I'll have coming in on the 1st. No waiting for paper checks, accepting cash or talking to the customers. Has anyone tried doing this with there tenants? It seems like a good way to reduce late payments and avoid some other wise wasted time. The company I use charges a flat fee of 12/month and 50 cents per transaction.

[Johann Jells]

Use Cozy.co like many here and make it simple on yourself, and insulate yourself from the tenants. They act as an ACH middleman for free, and can do other services like screenings for you.