Rent Payments: Should you accept checks or e-transfers?
Updated: May 10
Congratulations, you are officially a real estate investor!! This is a huge step to building wealth in the long term and I’m here to guide you.
An important question that I get often is what rent payment option to accept. As a landlord, you want to choose a payment options that are:
Easy to document,
Secures you against late payment and
Allows you to receive the funds quickly
For this reason, I recommend that you use rent checks as your payment option.
Watch my video below to see why I prefer rent checks as opposed to e-transfers.
Stay tuned for more tips on how you can manage your rental property!
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Book a call with Sylvia Ho here or give me a call at 647-910-6100!