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Updated about 5 years ago on . Most recent reply

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73
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15
Votes
Fareed R.
  • California
15
Votes |
73
Posts

Collecting rents and utilities

Fareed R.
  • California
Posted

So I rent a sfh to 4 individual people and doing following to collect bills and utilities, any recommendations to make it automated or anything else for making it faster?

Also for the utilities can I charge any extra on top of it or any service fees?

Method for collecting monthly rent:

1) collecting rent and utilities via Venmo, zelle, PayPal depending on what person uses.

2) paying gas, electricity, WiFi, garbage, water etc myself and splitting amongst tenants and adding this to the monthly rent amount.

3) doing all this via excel

4) then going to each individual payment platform and requesting money.

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