October 2015

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Why Accepting A Check for Rent Is A Bad Idea

About two years ago we added to our lease a clause that rent is to be paid electronically or the tenant may be charged a handling fee. The handling fee is ten dollars. At first we were not sure how tenants would respond. To our surprise, it has never been an issue with a new tenant! Most of our new tenants today actually expect to be able to pay their rent on-line.

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