Rent Collection, Cashapp?
2 Replies
Tom Vanderlinden
posted about 2 months ago
Should I have reservations about using cashapp to collect rent? I have 4 units now that are spread out an hour apart. I know I could get a post office box, but it seems so much quicker and easier to collect digitally.
Luis Lerebours
from Queens, NY
replied about 2 months ago
I personally use cozy.co. Its free for both landlord and tenant(as long as they use checking account to pay).
Bill Hampton
Tax Strategist and Fee-only Financial Planner from Atlanta, GA
replied about 2 months ago
I also recommend Cozy.
Cozy allows tenants to pay by credit card, for a fee, if they are short cash. It also allows you to charge late fees.
Cash app does not offer these options.