Re: Tenants Paying in Cash - Landlord Forum thread 258567

Re: Tenants Paying in Cash by Micah on June 21, 2012 @11:48

When I was young I was living hand to mouth. I paid my rent in cash because that way I wouldn't have to worry about accidentally bouncing a check or buying checks to use only for paying rent (that was the only bill that I couldn't pay online). I worked in a restaurant and most of my pay was in cash. I worked 2 blocks from home and the bank was 3 miles away... My landlord worked in the building abutting mine.

The one thing I told my tenants is never leave cash in my mailbox, only give it to me in person. It's only happened to me 3 times since becoming a LL and it was because they didn't want to risk a late fee or bounced check waiting for their deposit to clear. Up here in Maine a lot of the economy switched back to cash after the crash a few years ago.

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