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Updated over 4 years ago on . Most recent reply

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William Merone
  • Investor
  • New York
12
Votes |
60
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Money Order Lost in the mail

William Merone
  • Investor
  • New York
Posted

Hey BP,

Just wondering if anyone has come across the issue of a tenant paying with a money order and claimed they mailed it out.  It has been two weeks since they mailed it out and we still did not receive the money order.  She cannot cancel a money order and get her money back.  Any idea on what to do?  Going forward I will make sure I pick up the rent from this woman or make her get checks in order to avoid this situation next time.

Most Popular Reply

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Bill B.#3 1031 Exchanges Contributor
  • Investor
  • Las Vegas, NV
9,700
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Bill B.#3 1031 Exchanges Contributor
  • Investor
  • Las Vegas, NV
Replied

If it’s a post office money order it can be replaced for $6.25 according to their website. (It can’t be cancelled, but it can be replaced with a new one to same recipient.)

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