#AskBP 098: What’s The Best Way for Tenants to Pay Rent to the Landlord?

by | BiggerPockets.com

Accepting rent from tenants would seem to be fairly straightforward, but each method has it’s upsides and downsides. In this episode of the #AskBP Podcast, Brandon shares several different methods he has used to accept rent from tenants, as well as some dangers to look out for.

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About Author

Brandon Turner

Brandon Turner (G+ | Twitter) spends a lot of time on BiggerPockets.com. Like… seriously… a lot. Oh, and he is also an active real estate investor, entrepreneur, traveler, third-person speaker, husband, and author of “The Book on Investing in Real Estate with No (and Low) Money Down“, and “The Book on Rental Property Investing” which you should probably read if you want to do more deals.

2 Comments

  1. Lani Archer

    Thanks for these great resources. I also just bought and am working through the 90 Days of Intention Journal, it has been very illuminating so far. I currently have a tenant that just goes to the Bank that I use for this property. I setup a checking account for free and use it just to collect rent, then transfer that money after the 1st into an operational checking account. I give the tenant 12 deposit slips with the name of the business and the account number to use each month like a payment booklet. I haven’t heard of this method being used before so I was hoping to get some feed back if this is not advisable.

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