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Mich Copper
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Incentive to encourage tenants to pay online

Mich Copper
Posted

Hi,

First-time landlord here :) I just got a tenant into my condo (yeah!). To encourage them to pay online on a scheduled recurring basis, I was thinking of offering them a one-time gift certificate. What is an appropriate amount? Is $100 too little or too much? The rent is around $2,300. What are other alternatives that you would suggest? Thank you so much!

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Jill F.
  • Investor
  • Akron, OH
4,428
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Jill F.
  • Investor
  • Akron, OH
Replied
If you want everyone to pay online make it a condition of your lease.

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