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Updated over 10 years ago on . Most recent reply

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254
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Mary Joe
  • Investor
  • Brooklyn, NY
28
Votes |
254
Posts

Recommendations for auto rent deposit service providers?

Mary Joe
  • Investor
  • Brooklyn, NY
Posted

Hi All, am trying to set up auto rent deposit with my tenant. What service providers do most people use? Or do you set this up directly with your bank?

I used to use the auto rent deposit service from NAIL, (some independent landlord association), but it gets expensive and there are quite a bit of paperwork.

Wonder if there are newer service providers out there that are more efficient and less costly.

Or do people set this up directly with their bank?

Thanks
MJ

Most Popular Reply

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1,762
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1,299
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Eric M.
  • Flipper/Rehabber
  • Louisville, KY
1,299
Votes |
1,762
Posts
Eric M.
  • Flipper/Rehabber
  • Louisville, KY
Replied

I use Intuit Payment Network. Costs 50 cents per transaction.

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