Skip to content
Two investors reviewing resources on a laptop

Get industry-leading resources — for free

Unlock resources for every investing strategy and stage with a free account.

By continuing, you agree to BiggerPockets LLC's Terms of Use and Privacy Policy

Followed Discussions Followed Categories Followed People Followed Locations
General Landlording & Rental Properties
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

User Stats

14
Posts
0
Votes
Mich Copper
0
Votes |
14
Posts

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!

Most Popular Reply

User Stats

2,629
Posts
4,428
Votes
Jill F.
  • Investor
  • Akron, OH
4,428
Votes |
2,629
Posts
Jill F.
  • Investor
  • Akron, OH
Replied
If you want everyone to pay online make it a condition of your lease.

Loading replies...