60. How to Legally Accept Payments

House of Horrors: The Legal Podcast For Real Estate Investors - A podcast by Bonnie Galam

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If you’re currently collecting rent using Venmo/Zelle/Cash…. No shame…. But you might want to think twice about it. The risks of using these payment apps may feel like just another real estate investing boogie man but the consequences can be ugly. In this episode you’ll learn: 1️⃣ Why your current usage of these payment apps is probably illegal 2️⃣ The consequences of using these apps besides risking account shut down 3️⃣ A refresh on rent collection best practices Check out the s...