Why you should never accept rent payments in cash
Rent collection is one of the main services that property managers provide.
And as convenient as online rent payments are to make, there are still tenants who insist on paying in cash.
This might be easy to get away with if you only have a few units you are managing…
But even then we don’t recommend it, and especially if you start managing more units!
It’s not convenient.
It’s not traceable.
In this video we talk about some of our own experiences as well as discuss a form that can help you easily transition your tenants to paying their rent online. Take a look: