Good Bones Real Estate Investing: The Legal Podcast For Real Estate Investors

60. How to Legally Accept Payments

August 22, 2022 Bonnie Galam Season 2
60. How to Legally Accept Payments
Good Bones Real Estate Investing: The Legal Podcast For Real Estate Investors
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Good Bones Real Estate Investing: The Legal Podcast For Real Estate Investors
60. How to Legally Accept Payments
Aug 22, 2022 Season 2
Bonnie Galam

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

⬇⬇⬇

// RESOURCES:

Download the Ultimate Legal Checklists for Landlords

Check out the show notes at bonniegalam.com/60


DISCLAIMER: Although Bonnie is an attorney she doesn’t give legal advice without a dually signed engagement agreement. All episodes of Good Bones Real Estate Investing are educational and informational only. The information discussed here isn’t legal advice and isn’t intended to be. The information you listen to here isn’t a substitute for seeking legal advice from your own attorney

© 2021-2023 Bonnie Galam LLC | All rights reserved | Any use of this intellectual property owned by Bonnie Galam LLC may not be used in connection with the sale or distribution of any content (free of paid, written or verbal), produce, and/or service by you without prior written consent from Bonnie Galam LLC

Show Notes

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

⬇⬇⬇

// RESOURCES:

Download the Ultimate Legal Checklists for Landlords

Check out the show notes at bonniegalam.com/60


DISCLAIMER: Although Bonnie is an attorney she doesn’t give legal advice without a dually signed engagement agreement. All episodes of Good Bones Real Estate Investing are educational and informational only. The information discussed here isn’t legal advice and isn’t intended to be. The information you listen to here isn’t a substitute for seeking legal advice from your own attorney

© 2021-2023 Bonnie Galam LLC | All rights reserved | Any use of this intellectual property owned by Bonnie Galam LLC may not be used in connection with the sale or distribution of any content (free of paid, written or verbal), produce, and/or service by you without prior written consent from Bonnie Galam LLC