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Updated almost 9 years ago on . Most recent reply

Brant Holloway's profile image
Brant Holloway's profile image
Brant Holloway
  • from Oklahoma City, Oklahoma
  • Member since Aug 25, 2016
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Brant Holloway's profile image
Brant Holloway's profile image
Brant Holloway
  • from Oklahoma City, Oklahoma
  • Member since Aug 25, 2016
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Brant Holloway
  • Oklahoma City, OK
1
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Real Estate Deal Analysis & Advice

Ach debit for renters advice?

Brant Holloway
  • Oklahoma City, OK
Posted
Has anyone set up a ach template through there bank to have renters automatically be debited? And what are the pros and cons of this method. Any feedback is welcome
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Brock Nelson's profile image
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Brock Nelson
  • Investor
  • from Phoenix, Arizona
  • Member since Jun 8, 2016
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Brock Nelson
  • Investor
  • from Phoenix, Arizona
  • Member since Jun 8, 2016
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Brock Nelson
  • Investor
  • Phoenix, AZ
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Brock Nelson
  • Investor
  • Phoenix, AZ
Replied

Hi Brant,

My friend utilizes this method for his rental and has had no problems.  

Pro:  He doesn't have to track down a rent check and it was easy for both parties to setup.  Also, I don't believe there is a processing fee.  

Cons:  He hasn't stated any cons.  

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