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Back in the rental business

2,014 Views | 10 Replies | Last: 2 yr ago by TyHolden
malenurse
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4:33p, 7/7/21
AG
The wife and I recently purchased a rent house. We have a couple of applications that we are reviewing. Wife is a realtor, and we have owned rentals in the past but none in the last 20 years. My question - what are you using for payment methods these days? Would prefer not to rely on checks.
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Aggiemike96
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5:05p, 7/7/21
AG
My SFR uses Zelle. Piece of cake for them to pay me rent, and for me to reimburse them for any incidentals.
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ag0207
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5:48p, 7/7/21
AG
Venmo is what we use.
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CS78
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6:12p, 7/7/21
Gotten to where the majority of mine are using zelle. Been really happy with it.
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evestor1
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8:48p, 7/7/21
Cash app, Venmo, and zelle
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BMach
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9:20p, 7/7/21
AG
Cozy.co that is now apartments.com, or have tenants deposit direct into our checking account
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Ol Jock 99
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In reply to BMach • 9:43p, 7/7/21
AG
BMach said:
Cozy.co that is now apartments.com, or have tenants deposit direct into our checking account
This
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itsyourboypookie
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6:01p, 7/14/21
I use GBT Property Management. 4% flat fee
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Kenneth_2003
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In reply to Aggiemike96 • 11:59p, 7/14/21
AG
Aggiemike96 said:
My SFR uses Zelle. Piece of cake for them to pay me rent, and for me to reimburse them for any incidentals.


Dumb question maybe... I just tried to pay a friend my share of a beach house and Zelle, thru the WF App, limited me to $500 a day. How do you get around that?
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CS78
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In reply to Kenneth_2003 • 12:29p, 7/15/21
There's a limit on new recipients.
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Aggiemike96
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In reply to Kenneth_2003 • 1:02p, 7/15/21
AG
My tenant called their bank and had it adjusted (at least that's what she told me). Rent is just shy of $1,500, and she's paid me every month the full amount in one transaction via Zelle.
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TyHolden
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4:32p, 7/18/21
AG
bitcoin
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