Do you still accept cash?
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Do you still accept cash? (by Kirby [IL]) Jan 7, 2019 1:58 PM
       Do you still accept cash? (by Richard [MI]) Jan 7, 2019 2:16 PM
       Do you still accept cash? (by NE [PA]) Jan 7, 2019 2:17 PM
       Do you still accept cash? (by Barb [MO]) Jan 7, 2019 2:21 PM
       Do you still accept cash? (by Deanna [TX]) Jan 7, 2019 2:31 PM
       Do you still accept cash? (by plenty [MO]) Jan 7, 2019 2:51 PM
       Do you still accept cash? (by rentON [PA]) Jan 7, 2019 3:00 PM
       Do you still accept cash? (by Nicole [PA]) Jan 7, 2019 3:10 PM
       Do you still accept cash? (by NE [PA]) Jan 7, 2019 3:13 PM
       Do you still accept cash? (by Busy [WI]) Jan 7, 2019 3:43 PM
       Do you still accept cash? (by RB [MI]) Jan 7, 2019 3:47 PM
       Do you still accept cash? (by Mike45 [NV]) Jan 7, 2019 4:03 PM
       Do you still accept cash? (by Elena [PA]) Jan 7, 2019 4:14 PM
       Do you still accept cash? (by razorback_tim [AR]) Jan 7, 2019 4:37 PM
       Do you still accept cash? (by Opinionated [NC]) Jan 7, 2019 4:46 PM
       Do you still accept cash? (by JB [OR]) Jan 7, 2019 5:10 PM
       Do you still accept cash? (by Martin [CO]) Jan 7, 2019 5:52 PM
       Do you still accept cash? (by Oregon Woodsmoke [ID]) Jan 7, 2019 6:27 PM
       Do you still accept cash? (by Robin [WI]) Jan 7, 2019 6:28 PM
       Do you still accept cash? (by LindaJ [NY]) Jan 7, 2019 6:58 PM
       Do you still accept cash? (by Busy [WI]) Jan 7, 2019 7:25 PM
       Do you still accept cash? (by don [PA]) Jan 7, 2019 10:19 PM
       Do you still accept cash? (by Robert J [CA]) Jan 8, 2019 1:33 AM
       Do you still accept cash? (by WMH [NC]) Jan 8, 2019 5:59 AM
       Do you still accept cash? (by AllyM [NJ]) Jan 8, 2019 8:31 AM
       Do you still accept cash? (by Busy [WI]) Jan 8, 2019 9:28 AM
       Do you still accept cash? (by Busy [WI]) Jan 8, 2019 9:33 AM
       Do you still accept cash? (by Robin [FL]) Jan 8, 2019 9:54 AM
       Do you still accept cash? (by CJ [MO]) Jan 8, 2019 1:46 PM
       Do you still accept cash? (by Ray-N-Pa [PA]) Jan 8, 2019 7:41 PM
       Do you still accept cash? (by BRAD 20,000 [IN]) Jan 8, 2019 11:08 PM
       Do you still accept cash? (by Cjo’h [CT]) Jan 10, 2019 11:15 PM
       Do you still accept cash? (by Cjo [CT]) Jan 15, 2019 2:25 PM
       Do you still accept cash? (by Cjo’h [CT]) Jan 15, 2019 2:32 PM


Do you still accept cash? (by Kirby [IL]) Posted on: Jan 7, 2019 1:58 PM
Message:

In the process of purchasing a property where the previous owner accepted cash for rent. I haven't been doing that... well.... ever... I've never accepted cash.

So, do you accept cash, or do you require your residents to either pay via check, credit card, etc.?

--73.8.x.x




Do you still accept cash? (by Richard [MI]) Posted on: Jan 7, 2019 2:16 PM
Message:

Mine pay by direct transfer from their account to mine at the bank, set up when they rent. Automatic overdraft on their accounts so if they don't have the money in the account, the bank pays and they can pay the bank back.

Not perfect because they can call bank and cancel it but they could do that or close their account anyway no matter what system you use. --23.121.xx.xxx




Do you still accept cash? (by NE [PA]) Posted on: Jan 7, 2019 2:17 PM
Message:

I only accept cash if it's unmarked bills.

All others pay auto debit. --50.107.xxx.xxx




Do you still accept cash? (by Barb [MO]) Posted on: Jan 7, 2019 2:21 PM
Message:

Only for initial move-in funds. I prefer ZellePay and then do auto-debit.

That said, I have a couple of people not on autodebit who pay directly at my bank. They often deposit cash into my account. I’m quite happy for my bank to accept the cash on my behalf. --64.251.xxx.xxx




Do you still accept cash? (by Deanna [TX]) Posted on: Jan 7, 2019 2:31 PM
Message:

When I accept cash, it's generally as a favor to someone, rather than being my default mode.

I'm transitioning my tenants to autodraft as houses turn over. Most of them are still in deposit-rent-to-the-bank phase of the biz, where I give them a filled-out deposit slip and have them deposit their rent with the teller/through the night depository/whatever. But all of my tenants live within five minutes of the bank, so it's no big deal.

If it was a senior citizen, or someone desirable--- I'd refrain from moving too much cheese at once. People get nervous about change, and it's good to avoid too much change, too fast. If it's someone you don't mind leaving--- it's much easier to say, "This is the way things are now" and let them fall in line or leave. --96.46.xxx.xx




Do you still accept cash? (by plenty [MO]) Posted on: Jan 7, 2019 2:51 PM
Message:

Yes. --99.203.xx.xxx




Do you still accept cash? (by rentON [PA]) Posted on: Jan 7, 2019 3:00 PM
Message:

Yes, we still accept cash as a form of payment. Check, money order or ACH are preferred but still would not tell someone that we don't want their cash money. --67.165.xx.xx




Do you still accept cash? (by Nicole [PA]) Posted on: Jan 7, 2019 3:10 PM
Message:

I'm in the minority on here and I still accept cash. New fangled stuff isn't always better than tried and true. If I had a lot of units, that would be different. Right now I've got 14 units and two long term tenants pay with cash. --72.70.xxx.xxx




Do you still accept cash? (by NE [PA]) Posted on: Jan 7, 2019 3:13 PM
Message:

Joking aside, The reason I don't accept cash is because I'm not running around to pick up rents. Foolish to mail and it doesn't really fit into my need to streamline aspects of my business. --50.107.xxx.xxx




Do you still accept cash? (by Busy [WI]) Posted on: Jan 7, 2019 3:43 PM
Message:

Dangerous to have a stack in my neighborhoods. For both tenant and landlord. When startingg a new tenant, I also avoid their property between the first and fifth of month, traditional landlord-gets-jacked-in-the-alley holidays. --70.92.xxx.xxx




Do you still accept cash? (by RB [MI]) Posted on: Jan 7, 2019 3:47 PM
Message:

Yes, but no Livestock. --184.53.x.xxx




Do you still accept cash? (by Mike45 [NV]) Posted on: Jan 7, 2019 4:03 PM
Message:

Check or money order are my preference, but I still accept cash payments. Only in my office by appointment.

I try to keep my professional schedule as free as possible on the last, first and second of each month, so that I can accommodate tenants who need to come in to pay.

This month, Jan 1 being a holiday, the second was pretty busy!!

--71.222.xx.xx




Do you still accept cash? (by Elena [PA]) Posted on: Jan 7, 2019 4:14 PM
Message:

I have everyone deposit rent into my deposit-only bank account. I don't care how they do it as long as it's there. TD Bank clears the check the next day if deposited by 5 pm. --141.158.xx.xxx




Do you still accept cash? (by razorback_tim [AR]) Posted on: Jan 7, 2019 4:37 PM
Message:

I accept cash for move-in funds only. After that it's bank draft only. --70.178.x.xx




Do you still accept cash? (by Opinionated [NC]) Posted on: Jan 7, 2019 4:46 PM
Message:

Sign in small print in Wells Fargo (probably most other banks too) that they no longer accept cash deposits from other than the account holder.

Makes it more difficult for some tenants. Yes, I took cash. In most cases, if I refused, they would spend it all by the next day and no rent would be paid. --66.44.xxx.xxx




Do you still accept cash? (by JB [OR]) Posted on: Jan 7, 2019 5:10 PM
Message:

Good "For all debts, public and private." Heck yes I take it. --24.20.xxx.xxx




Do you still accept cash? (by Martin [CO]) Posted on: Jan 7, 2019 5:52 PM
Message:

As with some others, I only accept cash for move-in funds (security deposit and first month rent). Everything after that is electronic transfer, as stated in the lease. --75.166.xxx.xxx




Do you still accept cash? (by Oregon Woodsmoke [ID]) Posted on: Jan 7, 2019 6:27 PM
Message:

I'll take the rent any way I can get it. But it's been a long time since I had a tenant paying rent in cash.

My tenants seem evenly split between mailing me a check and getting their rent deposited automatically.

--98.146.xxx.xxx




Do you still accept cash? (by Robin [WI]) Posted on: Jan 7, 2019 6:28 PM
Message:

Like the others: cash at lease signing only. They can deposit the money in my account, but no way am I going to collect it. I don't carry a gun and don't ever want to need to! --204.210.xxx.xxx




Do you still accept cash? (by LindaJ [NY]) Posted on: Jan 7, 2019 6:58 PM
Message:

Yes I will accept cash. I just sold my cash paying rental, so they are all checks now.

Of course I still pay with cash at the store and even for gas if I get a discount to do so. I always have cash on me. --108.4.xxx.xx




Do you still accept cash? (by Busy [WI]) Posted on: Jan 7, 2019 7:25 PM
Message:

Opinionated, my last tenant to get with using electronic transfer was convinced to try it after Wells Fargo put that policy in place. She has since admitted Zella transfer is easier than running to deposit cash.

--70.92.xxx.xxx




Do you still accept cash? (by don [PA]) Posted on: Jan 7, 2019 10:19 PM
Message:

hell yeah, cash is king --73.141.xxx.xxx




Do you still accept cash? (by Robert J [CA]) Posted on: Jan 8, 2019 1:33 AM
Message:

When I had buildings with immigrant workers that didn't own a bank/savings account, they only transacted in cash. I made them "prove" where their cash came from. Like tips, wages or check cashing establishment.

Why? Because corrupt law enforcement could confiscate the cash on the guise I was a "drug dealer", dealing in cash. This is no joke! --47.156.xx.xx




Do you still accept cash? (by WMH [NC]) Posted on: Jan 8, 2019 5:59 AM
Message:

I have never collected rent directly because originally we were long-distance landlords (5 hours away.) So I have always had tenants deposit directly at my bank. Now Wells Fargo no longer accepts cash from a non-account owner, so no, no cash for me.

More and more tenants are using Zelle which is great.

I have accepted cash for first funds on occasion, but these days we don't even meet up to sign leases, instead doing it all online and the tenant deposits their first month's rent to the rent account and their SD to the SD account by any means they want. Most choose Zelle. --50.82.xxx.xx




Do you still accept cash? (by AllyM [NJ]) Posted on: Jan 8, 2019 8:31 AM
Message:

I have a tenant that goes to the MAC machine and gets me eleven crisp one hundred dollar bills. Since the bank hassles me about accepting cash, I pay my property tax with it every three months. Are you nuts lady? Take the money. Have them bring it to you during daytime hours. --73.248.xxx.xxx




Do you still accept cash? (by Busy [WI]) Posted on: Jan 8, 2019 9:28 AM
Message:

Ally, most break-ins, robberies, burglaries occur during the daytime now. Safer for my tenants to have their paychecks direct deposited, then transfer cash through an app on their phone.

Of course, anyone can still do what they want. It’s a free country. My town has ONLY had ONE

landlord shot dead during the time I have been a landlord in a let’s-jack-the-landlord-in-the-alley move.

ALL of my tenants have close relatives they wouldn’t trust with the keys to their houses. Relatives like Mom, twin, baby-daddy, et cetera. I prefer to reduce risk of my tenants being pestered for cash from these relatives, or, actually having a break in by one of these. (Yes, it happened. Yes, tenant prosecuted. ) My tenants are working hard to stay on a good path, in a rough neighborhood. Keeping cash, and the temptations that come with it for others around them , to me, helps my tenants.

There are a lot of panhandlers going up and down the streets in my area. I can always say to them, oh, sorry, I don’t carry cash. (I might have a smidge of cash, in one of the hidden pockets on my Duluth Trading Co work pants. Shhh!,, ) Makes my tenants and I less of a target for those intent upon ‘borrowing cash ‘ (see Will’s thread about neighbor scamming his tenants. Title of thread is something like trespass trouble. ) --70.92.xxx.xxx




Do you still accept cash? (by Busy [WI]) Posted on: Jan 8, 2019 9:33 AM
Message:

Oops- don’t mean to imply anyone has to do what I do. What works in your area, with your target market will likely be very different, depending upon the states’ laws, local community crime, your abilities/ disabilities.

That’s the great thing about this landlording gig. We can all approach things very very differently, yet be successful. And, we can all define success in our own way.

Cheers! --70.92.xxx.xxx




Do you still accept cash? (by Robin [FL]) Posted on: Jan 8, 2019 9:54 AM
Message:

Absolutely, I accept cash! My one and only tenant pays in cash every month and I prefer that to taking a personal check from them. --96.47.xxx.xx




Do you still accept cash? (by CJ [MO]) Posted on: Jan 8, 2019 1:46 PM
Message:

I have my tenants do auto draft or deposit in our account. The bank of america takes cash sometimes, not sometimes. I want all new tenants autodraft so there is no excuses not having time to go to bank. --97.91.xxx.xxx




Do you still accept cash? (by Ray-N-Pa [PA]) Posted on: Jan 8, 2019 7:41 PM
Message:

I accept it.......but cash is typically not the normal payment folks I rent to use.

--72.23.xxx.xx




Do you still accept cash? (by BRAD 20,000 [IN]) Posted on: Jan 8, 2019 11:08 PM
Message:

Kirby,

No cash. Not safe for either party and too easy to claim a miscount "Your honor I gave him $1000 on Friday."

Autodraft baby!

Tiny note: MY judge allows us to RECEIVE rent but not ACCEPT it during the eviction process. BUT cash is considered ACCEPTED on the spot.

BRAD --73.102.xxx.xxx




Do you still accept cash? (by Cjo’h [CT]) Posted on: Jan 10, 2019 11:15 PM
Message:

Anyway I can get it. Canadian Euros, no liros or Francs But I’ll take .Ł sterling........... Charlie.... ... --32.214.xxx.xx




Do you still accept cash? (by Cjo [CT]) Posted on: Jan 15, 2019 2:25 PM
Message:

Unlike Linda , I seldom carry cash,for one reason,I don’t have any!Im a poor boy,Living in Connecticut,You would be too!...........Charlie. J............................................................... --32.214.xxx.xx




Do you still accept cash? (by Cjo’h [CT]) Posted on: Jan 15, 2019 2:32 PM
Message:

If living here?............. --32.214.xxx.xx





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