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Looking For Advice About Rent Payments and New Landlord
Posted on 12/11/15 at 3:20 pm
Posted on 12/11/15 at 3:20 pm
I am about to begin renting with a new landlord. The landlord has requested rent payments by cash or money order to establish a payment history before accepting checks, etc... Does this seem odd or is this a common practice? I do not know how to reassure the landlord that I will not pay with a bad check. I am looking for advice about how to approach the landlord about a check payment instead of cash.
9
Posted on 12/11/15 at 3:39 pm to RickAstley
Sounds like your landlord is looking to do a little tax evasion to me. This could be an opportunity for you have a slightly cheaper rent. Outside of that, I wouldn't be to worried about it.
If you really wanna pay with check, just show up with one when the first months' rent is due and see what happens.
If you really wanna pay with check, just show up with one when the first months' rent is due and see what happens.
Posted on 12/11/15 at 3:53 pm to RickAstley
What form of payment is specified in your lease?
Posted on 12/11/15 at 4:16 pm to RickAstley
Just do what your landlord says.
Who knows why he has that rule.
"Don't start no drama won't be no drama"
Who knows why he has that rule.
"Don't start no drama won't be no drama"
Posted on 12/11/15 at 4:30 pm to RickAstley
Just have your bank send your landlord a certified check each month.
I would not want the lack of record that occurs with a cash or money order payment to be on me.
I would not want the lack of record that occurs with a cash or money order payment to be on me.
Posted on 12/11/15 at 5:16 pm to RickAstley
Will he accept a certified check?
I would never pay in cash. Money order would be ok... but I would make a copy of it before you give it to him. I would also ask for a receipt if you use a money order.
I would never pay in cash. Money order would be ok... but I would make a copy of it before you give it to him. I would also ask for a receipt if you use a money order.
Posted on 12/11/15 at 6:28 pm to RickAstley
ask him if he would take Pay Pal
Posted on 12/11/15 at 6:41 pm to RickAstley
I would never pay in cash because you won't have any proof that you paid him
Posted on 12/11/15 at 6:57 pm to Kramer26
A lot of my tenants chose to pay by cash. I simply gave them a receipt.
Posted on 12/11/15 at 7:51 pm to RickAstley
Just ask for a receipt and hold on to it as proof. I won't take checks from my renters. Maybe I'm skeptical but cash doesn't bounce.
Posted on 12/11/15 at 11:35 pm to RickAstley
I have my tenants just pay me via paypal...nice and easy
Posted on 12/12/15 at 7:03 am to secondandshort
quote:
I won't take checks from my renters
Are your renters section 8?
Posted on 12/12/15 at 10:21 am to OleWarSkuleAlum
I dislike cash payments, I prefer checks, but my tenants have good credit. How is your credit?
Talk to your new landlord and ask how long to establish payment history and begin paying in checks. If your credit is good he should be flexible.
Unless like others have mentioned, he's not reporting income to IRS.
Talk to your new landlord and ask how long to establish payment history and begin paying in checks. If your credit is good he should be flexible.
Unless like others have mentioned, he's not reporting income to IRS.
Posted on 12/12/15 at 11:32 am to Golfer
Who actually uses certified checks? Why not just get a cashier's check?
Op, my tenants pay with QuickPay. The money transfer is quick and easy.
Op, my tenants pay with QuickPay. The money transfer is quick and easy.
Posted on 12/12/15 at 12:30 pm to Athanatos
quote:
Who actually uses certified checks? Why not just get a cashier's check?
I'm talking about the services most banks offer where they will mail the check to someone automatically each month. Thereby certifying the funds.
Posted on 12/12/15 at 3:02 pm to Golfer
I call checks drawn on the account of the bank cashier's checks.
I have never seen a certified check, which is a personal check that the bank certifies.
It's a small distinction.
I have never seen a certified check, which is a personal check that the bank certifies.
It's a small distinction.
Posted on 12/13/15 at 3:26 pm to OleWarSkuleAlum
No I don't have any section 8. Not too familiar with that process. Heard some of the positives and negatives. As long as my 3 continue to rent out quickly I'll probably stay away.
Posted on 12/14/15 at 11:01 am to OMapologist
Thanks all for the replies. I had some assumptions that it might be related to taxes. I reached out to the landlord prior to meeting him this weekend and asked about the form of payment. I was able to go the route of using a check and will continue to do so going forward. His reasoning to me about going the route of cash or money order was so that he could see that I had the money rather than take the risk of receiving a bad check.
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