 Paypal (by Rick [IN]) Mar 12, 2019 8:06 AM
 Paypal (by WMH [NC]) Mar 12, 2019 8:10 AM
Paypal (by cjl [NY]) Mar 12, 2019 8:34 AM
Paypal (by CJ [MO]) Mar 12, 2019 4:07 PM
Paypal (by Vee [OH]) Mar 12, 2019 5:06 PM
Paypal (by Robert J [CA]) Mar 12, 2019 7:17 PM
Paypal (by Rick [IN]) Posted on: Mar 12, 2019 8:06 AM
Message:
Anyone here have tenants who use Paypal to pay their rent?
Pluses and minuses of this?
Thank you.
--73.102.xx.xx |
Paypal (by WMH [NC]) Posted on: Mar 12, 2019 8:10 AM
Message:
I've had a few. The last one just switched to Zelle.
Drawback to me vs. Zelle was I had to go physically transfer it to my bank. --50.82.xxx.xx |
Paypal (by cjl [NY]) Posted on: Mar 12, 2019 8:34 AM
Message:
I haven't but doesn't Paypal take a percentage of the money when you transfer it? I don't use any of them currently so maybe they all do or now they don't to "keep up". --69.201.xx.xxx |
Paypal (by CJ [MO]) Posted on: Mar 12, 2019 4:07 PM
Message:
They do not take percentage if transfer to family and friends. --97.91.xxx.xxx |
Paypal (by Vee [OH]) Posted on: Mar 12, 2019 5:06 PM
Message:
The pro is it works pretty easy but the con is they claw back out that easy and ask you to enter a dispute resolution that takes 3-16 weeks and this makes you scratch your bank account when the next rent is suspended.
--76.188.xxx.x |
Paypal (by Robert J [CA]) Posted on: Mar 12, 2019 7:17 PM
Message:
I struck a deal with Paypal that a tenants "known" monthly rent can not be cancelled or the charges reversed. Then one day a tenants rent was put on a "hold" until they could decide what to do. My tenant claimed that I over charged and they had already paid the last months rent. The tenant only paid a First months rent and a Deposit. So until Paypal got some directions from the courts, my money (rent) was gone.... --47.156.xx.xx |
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