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Posted: 4/8/2023 9:35:19 PM EDT
[#1]
Quote HistoryQuoted: Go on the website of the mortgage loan, put in the numbers to your credit card. mine takes it. they don't care as long as they get paid. Could be not all credit cards are accepted, could be your credit has to be excellent, could be not all mortgage loan companies will accept a credit card, but mine does. Do they charge you 3%? I'd love to pay a lot of bills with cc, but they charge 3-3.5%, so I'd be going backwards. |
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Posted: 4/8/2023 11:53:16 PM EDT
[#2]
Quoted: I am not a multi-billion dollar corporation. I am also not going to pay a 1.9% to 4% fee so my tennant can pay by credit card. Exactly. This isn’t for you. This is for the huge corporate land owners that have bought up billions in single family homes since the 2008 crash (that they caused). Quoted: If you got your own CC processor that charged a lower percentage than the cash back on the CC, it would theoretically work in your favor. I’ll bet you the corporation has a vested interested in the credit card company. So they’ll make money on every single purchase including the rent payment. Then they’ll throw some worthless points to make sure the person sticks with it. It isn’t capitalism when the gov and corp are in cahoots to bankrupt people and buy their homes for pennies on the dollar. |
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Posted: 4/9/2023 12:41:55 AM EDT
[#3]
Quoted:
Quote HistoryYes they do gramps. A lot of rental places use services that accept credit card now. If you have the option and don't have to pay fees, you'd be foolish NOT to pay with credit card and pay it off every month. Given rent costs anymore that's a lot of rewards. |
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Posted: 4/9/2023 12:46:09 AM EDT
[#4]
Quote HistoryQuoted: A check is a check until it bounces. Then it is a crime.  You're looking really hard for a reason to hate this. |
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Posted: 4/9/2023 5:07:10 AM EDT
[#5]
Quote HistoryQuoted: Wells Fargo is going to write bad checks? You're looking really hard for a reason to hate this. Quote HistoryQuoted: Quoted: A check is a check until it bounces. Then it is a crime. You're looking really hard for a reason to hate this. I am not hating anything. You gave me a check. You have paid by check. I am not paying a fee for processing the money that you owe me. You have not got something for free, which was the point of the entire thread. This thread has opened my eyes to the mindset of the majority here. ETA;Perfect avatar for you. |
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Posted: 4/9/2023 5:10:47 AM EDT
[#6]
Quote HistoryQuoted: Uh, landlords don't take credit cards. Uh, that includes Venmo BTW. PAY ON TIME BY CHECK OR WIRE TRANSFER ONLY. I take venmo or zelle, it’s the preferred way. Definitely better than check or cash, and there’s no fees! |
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Posted: 4/9/2023 5:15:04 AM EDT
[#7]
Quote HistoryQuoted: I take venmo or zelle, it’s the preferred way. Definitely better than check or cash, and there’s no fees! Quote HistoryQuoted: Quoted: Uh, landlords don't take credit cards. Uh, that includes Venmo BTW. PAY ON TIME BY CHECK OR WIRE TRANSFER ONLY. I take venmo or zelle, it’s the preferred way. Definitely better than check or cash, and there’s no fees! Venmo has 1.9% + $.10 fee per transaction THAT THE PAYEE PAYS. Do you know what a payee is? Zelle has a $1500 limit(last time I checked). Google it muh child. |
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Posted: 4/9/2023 5:31:22 AM EDT
[#8]
Quote HistoryQuoted: Venmo has 1.9% + $.10 fee per transaction THAT THE PAYEE PAYS. Do you know what a payee is? Zelle has a $1500 limit. Google it muh child. Venmo only charges for same day settlement, next day is free. Zelle limits are based on bank and how long a contact has been in your contact list (to avoid scams). Source: 50k a month in gross rents, my child. |
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Posted: 4/9/2023 5:41:59 AM EDT
[#9]
Quote HistoryQuoted: Venmo only charges for same day settlement, next day is free. Zelle limits are based on bank and how long a contact has been in your contact list (to avoid scams). Source: 50k a month in gross rents, my child. Quote HistoryQuoted: Quoted: Venmo has 1.9% + $.10 fee per transaction THAT THE PAYEE PAYS. Do you know what a payee is? Zelle has a $1500 limit. Google it muh child. Venmo only charges for same day settlement, next day is free. Zelle limits are based on bank and how long a contact has been in your contact list (to avoid scams). Source: 50k a month in gross rents, my child. Not sure who you spoke to. I have been kicking this back and forth with a tennant for months now. The lease we negotiated is very clear. I am not going to pay to receive rent. |
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Posted: 4/9/2023 5:45:25 AM EDT
[#10]
Quote HistoryQuoted: Not sure who you spoke to. I have been kicking this back and forth with a tennant for months now. The lease we negotiated is very clear. I am not going to pay to receive rent. I wouldn’t pay any fees if they charged. Venmo and Zelle are free. |
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Posted: 4/9/2023 5:51:58 AM EDT
[#11]
Quote HistoryQuoted: I wouldn’t pay any fees if they charged. Venmo and Zelle are free. Quote HistoryQuoted: Quoted: Not sure who you spoke to. I have been kicking this back and forth with a tennant for months now. The lease we negotiated is very clear. I am not going to pay to receive rent. I wouldn’t pay any fees if they charged. Venmo and Zelle are free.  This is like asking my dog not to piss on the patio when it is raining. |
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Posted: 4/9/2023 5:57:05 AM EDT
[#12]
Quote HistoryQuoted: This is like asking my dog not to piss on the patio when it is raining. I don’t get your point. There are no fees to a tenant or to a landlord to use venmo or zelle. Venmo and Zelle both make money from the float, the interest earned while the money sits in the account. There is no cost or downside to the landlord or tenant for using venmo or zelle. |
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Posted: 4/9/2023 6:45:35 AM EDT
[#13]
Ha affirmative action for gen z.
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Posted: 4/9/2023 9:52:43 AM EDT
[#14]
Quote HistoryQuoted: Not sure who you spoke to. I have been kicking this back and forth with a tennant for months now. The lease we negotiated is very clear. I am not going to pay to receive rent. A tenant pays me via zelle. No cost to me; it goes straight into my bank account and I get a text when it hits. |
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Posted: 4/9/2023 9:53:59 AM EDT
[#15]
I’d love to pay my mortgage with my credit card and get points. Be about $600 free bucks a year.
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Posted: 4/9/2023 10:02:18 AM EDT
[#16]
I love the boomer resistance to getting paid rent via credit card.
I accept whatever payment people want to give. Part of doing business. Make it easier for your customer. Business 101. |
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Posted: 4/9/2023 10:03:37 AM EDT
[#17]
Quote HistoryQuoted: I buy everything on credit that I possibly can, for the reward points.  Quote HistoryQuoted: Quoted: Paying rent on credit? Unless the balance is paid off monthly that seems kind of dumb. And how many of the Gen Z's aren't bitching about how difficult it is to pay for their lives and can afford to do that? Same, and balance is paid in full every month. I wish I could pay my mortgage with my Delta AMEX. |
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Posted: 4/9/2023 10:08:13 AM EDT
[#18]
Quote HistoryQuoted: I don’t get your point. There are no fees to a tenant or to a landlord to use venmo or zelle. Venmo and Zelle both make money from the float, the interest earned while the money sits in the account. There is no cost or downside to the landlord or tenant for using venmo or zelle. Venmo and Zelle are both designed to send small amounts between family and friends. Split a dinner check, pay your babysitter or send a birthday gift are all good uses for them. Paying vendors for goods and services are not what they are designed for. Once you hit send, the money is gone. Want to use them to pay for a $1,000 toy? That is great until it is not. Pay your rent? I don’t think so. You can use your bank’s bill pay service and they will do an ACH or a send a check for you. Use your credit card to pay the rent? That is great if the landlord accepts it and your bank doesn’t charge a fee. The Elite Black card is expecting to make money from people who don’t pay their bill in full each month. Based on how many people catty a balance on their CCs, they will make a mint. |
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Posted: 4/9/2023 10:12:34 AM EDT
[#19]
Quote HistoryQuoted: I love the boomer resistance to getting paid rent via credit card. I accept whatever payment people want to give. Part of doing business. Make it easier for your customer. Business 101. Most boomers are smart enough to know that there is no free lunch. If the landlord incurs more costs by accepting a CC than they think it is worth, they won’t take them. It is not rocket science. Who do you think invented credit cards? Hint: they have been around a long time. |
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Posted: 4/9/2023 10:15:25 AM EDT
[#20]
Quote HistoryQuoted: Most boomers are smart enough to know that there is no free lunch. If the landlord incurs more costs by accepting a CC than they think it is worth, they won’t take them. It is not rocket science. Who do you think invented credit cards? Hint: they have been around a long time. Quote HistoryQuoted: Quoted: I love the boomer resistance to getting paid rent via credit card. I accept whatever payment people want to give. Part of doing business. Make it easier for your customer. Business 101. Most boomers are smart enough to know that there is no free lunch. If the landlord incurs more costs by accepting a CC than they think it is worth, they won’t take them. It is not rocket science. Who do you think invented credit cards? Hint: they have been around a long time. Dude I sell fuel and gasoline and people pay all the time with credit card. Don’t even try to pretend like there isn’t ways to regain credit card fees. My margin on fuel is Pennies. My margin on transport fuel is typically 2.5 cents. I have customers that want to pay with a credit card. So I figure it out. If you can’t figure it out, shame on you. |
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Posted: 4/9/2023 10:15:59 AM EDT
[#21]
I have a friend and wife who uses some rewards credit card to pay for all their expenses and then pays off the card immediately. they amass enough reward points to get free airfare and travel accommodations to take a few trips a year if they want to.
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Posted: 4/9/2023 10:21:22 AM EDT
[#22]
If the credit card check is free for me, I don't care how a tenant pays. I'll accept any payment source as long as it's not charging me. If I have to sign up for every obscure app to do it, so be it. Half my tenants still mail payment (check, money order).
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Posted: 4/9/2023 10:29:05 AM EDT
[#23]
Quote HistoryQuoted: I am not hating anything. You gave me a check. You have paid by check. I am not paying a fee for processing the money that you owe me. You have not got something for free, which was the point of the entire thread. This thread has opened my eyes to the mindset of the majority here. ETA;Perfect avatar for you. |
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Posted: 4/9/2023 10:32:23 AM EDT
[#24]
Quote HistoryQuoted: Venmo has 1.9% + $.10 fee per transaction THAT THE PAYEE PAYS. Do you know what a payee is? Zelle has a $1500 limit(last time I checked). Google it muh child. Quote HistoryQuoted: Quoted: Quoted: Uh, landlords don't take credit cards. Uh, that includes Venmo BTW. PAY ON TIME BY CHECK OR WIRE TRANSFER ONLY. I take venmo or zelle, it’s the preferred way. Definitely better than check or cash, and there’s no fees! Venmo has 1.9% + $.10 fee per transaction THAT THE PAYEE PAYS. Do you know what a payee is? Zelle has a $1500 limit(last time I checked). Google it muh child. There is no fee with Venmo when it’s connected to your bank account as a payment method. There is a fee if you’re using a credit card to pay. Also, some cards (Chase) code it as a cash advance, so you get hit with the advance fee and instant interest. You also don’t get rewards points from Chase via Venmo payments. With Amex you can avoid the fees but you also don’t get rewards so it’s not worth it. |
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Posted: 4/9/2023 10:38:41 AM EDT
[#25]
Quote HistoryQuoted: The credit card company gives you a check, and the card holder gets reward points. That's it. I'm not sure why this is causing you to seethe so much, but it's honestly pretty funny. Quote HistoryQuoted: Quoted: I am not hating anything. You gave me a check. You have paid by check. I am not paying a fee for processing the money that you owe me. You have not got something for free, which was the point of the entire thread. This thread has opened my eyes to the mindset of the majority here. ETA;Perfect avatar for you. Don’t bother arguing. Boomers are terrible at business. |
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Posted: 4/9/2023 10:39:35 AM EDT
[#26]
Quote HistoryQuoted: Dude I sell fuel and gasoline and people pay all the time with credit card. Don’t even try to pretend like there isn’t ways to regain credit card fees. My margin on fuel is Pennies. My margin on transport fuel is typically 2.5 cents. I have customers that want to pay with a credit card. So I figure it out. If you can’t figure it out, shame on you. Quote HistoryQuoted: Quoted: Quoted: I love the boomer resistance to getting paid rent via credit card. I accept whatever payment people want to give. Part of doing business. Make it easier for your customer. Business 101. Most boomers are smart enough to know that there is no free lunch. If the landlord incurs more costs by accepting a CC than they think it is worth, they won’t take them. It is not rocket science. Who do you think invented credit cards? Hint: they have been around a long time. Dude I sell fuel and gasoline and people pay all the time with credit card. Don’t even try to pretend like there isn’t ways to regain credit card fees. My margin on fuel is Pennies. My margin on transport fuel is typically 2.5 cents. I have customers that want to pay with a credit card. So I figure it out. If you can’t figure it out, shame on you. Dude I worked for a finance company that made subprime auto loans and personal loans. We did take credit cards on our website and over the phone. We generally charged a convince fee but sometimes collections would waive the fee when they felt it was worth it. Did I mention that we had our own credit cards for a couple of years? I know all about how credit cards work and the fees charged to the cardholder and the merchant. Did you ever hear of First Data? That is one of the companies I had direct contact with before I retired. |
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Posted: 4/9/2023 10:40:11 AM EDT
[#27]
Quote HistoryQuoted: Venmo has 1.9% + $.10 fee per transaction THAT THE PAYEE PAYS. Do you know what a payee is? Zelle has a $1500 limit(last time I checked). Google it muh child. I get paid with zelle and it's over $1500. |
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Posted: 4/9/2023 10:41:51 AM EDT
[#28]
Quote HistoryQuoted: Dude I worked for a finance company that made subprime auto loans and personal loans. We did take credit cards on our website and over the phone. We generally charged a convince fee but sometimes collections would waive the fee when they felt it was worth it. Did I mention that we had our own credit cards for a couple of years? I know all about how credit cards work and the fees charged to the cardholder and the merchant. Did you ever hear of First Data? That is one of the companies I had direct contact with before I retired. Quote HistoryQuoted: Quoted: Quoted: Quoted: I love the boomer resistance to getting paid rent via credit card. I accept whatever payment people want to give. Part of doing business. Make it easier for your customer. Business 101. Most boomers are smart enough to know that there is no free lunch. If the landlord incurs more costs by accepting a CC than they think it is worth, they won’t take them. It is not rocket science. Who do you think invented credit cards? Hint: they have been around a long time. Dude I sell fuel and gasoline and people pay all the time with credit card. Don’t even try to pretend like there isn’t ways to regain credit card fees. My margin on fuel is Pennies. My margin on transport fuel is typically 2.5 cents. I have customers that want to pay with a credit card. So I figure it out. If you can’t figure it out, shame on you. Dude I worked for a finance company that made subprime auto loans and personal loans. We did take credit cards on our website and over the phone. We generally charged a convince fee but sometimes collections would waive the fee when they felt it was worth it. Did I mention that we had our own credit cards for a couple of years? I know all about how credit cards work and the fees charged to the cardholder and the merchant. Did you ever hear of First Data? That is one of the companies I had direct contact with before I retired. Dude. My family’s businesses are worth a few billion. I’m glad you’re retired. Enjoy it. Stay there. |
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Posted: 4/9/2023 10:57:05 AM EDT
[#29]
Quote HistoryQuoted: Uh, landlords don't take credit cards. Uh, that includes Venmo BTW. PAY ON TIME BY CHECK OR WIRE TRANSFER ONLY. Wrong |
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Posted: 4/9/2023 11:11:38 AM EDT
[#30]
Quote HistoryQuoted: Dude. My family’s businesses are worth a few billion. I’m glad you’re retired. Enjoy it. Stay there. Quote HistoryQuoted: Quoted: Quoted: Quoted: Quoted: I love the boomer resistance to getting paid rent via credit card. I accept whatever payment people want to give. Part of doing business. Make it easier for your customer. Business 101. Most boomers are smart enough to know that there is no free lunch. If the landlord incurs more costs by accepting a CC than they think it is worth, they won’t take them. It is not rocket science. Who do you think invented credit cards? Hint: they have been around a long time. Dude I sell fuel and gasoline and people pay all the time with credit card. Don’t even try to pretend like there isn’t ways to regain credit card fees. My margin on fuel is Pennies. My margin on transport fuel is typically 2.5 cents. I have customers that want to pay with a credit card. So I figure it out. If you can’t figure it out, shame on you. Dude I worked for a finance company that made subprime auto loans and personal loans. We did take credit cards on our website and over the phone. We generally charged a convince fee but sometimes collections would waive the fee when they felt it was worth it. Did I mention that we had our own credit cards for a couple of years? I know all about how credit cards work and the fees charged to the cardholder and the merchant. Did you ever hear of First Data? That is one of the companies I had direct contact with before I retired. Dude. My family’s businesses are worth a few billion. I’m glad you’re retired. Enjoy it. Stay there. I am enjoying retirement and have no need or desire to go back to work. There is nothing like being able to go where I want when I want. |
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Posted: 4/9/2023 11:14:00 AM EDT
[#31]
We have the option of credit card or auto pay from the bank account. There’s a fee for credit card that more than outweighs any card rewards.
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Posted: 4/9/2023 11:17:51 AM EDT
[#32]
Rent? Payments? What are these terms?
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Posted: 4/9/2023 11:19:48 AM EDT
[#33]
Quote HistoryQuoted: I am enjoying retirement and have no need or desire to go back to work. There is nothing like being able to go where I want when I want. Quote HistoryQuoted: Quoted: Quoted: Quoted: Quoted: Quoted: I love the boomer resistance to getting paid rent via credit card. I accept whatever payment people want to give. Part of doing business. Make it easier for your customer. Business 101. Most boomers are smart enough to know that there is no free lunch. If the landlord incurs more costs by accepting a CC than they think it is worth, they won’t take them. It is not rocket science. Who do you think invented credit cards? Hint: they have been around a long time. Dude I sell fuel and gasoline and people pay all the time with credit card. Don’t even try to pretend like there isn’t ways to regain credit card fees. My margin on fuel is Pennies. My margin on transport fuel is typically 2.5 cents. I have customers that want to pay with a credit card. So I figure it out. If you can’t figure it out, shame on you. Dude I worked for a finance company that made subprime auto loans and personal loans. We did take credit cards on our website and over the phone. We generally charged a convince fee but sometimes collections would waive the fee when they felt it was worth it. Did I mention that we had our own credit cards for a couple of years? I know all about how credit cards work and the fees charged to the cardholder and the merchant. Did you ever hear of First Data? That is one of the companies I had direct contact with before I retired. Dude. My family’s businesses are worth a few billion. I’m glad you’re retired. Enjoy it. Stay there. I am enjoying retirement and have no need or desire to go back to work. There is nothing like being able to go where I want when I want. Ayyye. Good for you. I get to do that too! (Currently posting from a yacht in the Bahamas. Some of us young whipper snappers do pretty welll.) |
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Posted: 4/9/2023 11:27:56 AM EDT
[#34]
Quote HistoryQuoted: I love the boomer resistance to getting paid rent via credit card. I accept whatever payment people want to give. Part of doing business. Make it easier for your customer. Business 101. Let's just say that some of us recognize where this is going, and exactly what can happen, and will happen with a cashless society. |
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Posted: 4/9/2023 11:28:26 AM EDT
[#35]
The purse swinging in this thread is glorious
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Posted: 4/9/2023 11:29:23 AM EDT
[#36]
Quote HistoryQuoted: Don’t bother arguing. Boomers are terrible at business. Quote HistoryQuoted: Quoted: Quoted: I am not hating anything. You gave me a check. You have paid by check. I am not paying a fee for processing the money that you owe me. You have not got something for free, which was the point of the entire thread. This thread has opened my eyes to the mindset of the majority here. ETA;Perfect avatar for you. Don’t bother arguing. Boomers are terrible at business. lmao..like businesses never existed before millennials, funny thing..us boomers are the ones with houses versus rentals. |
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Posted: 4/9/2023 11:31:26 AM EDT
[#37]
Quote HistoryQuoted: lmao..like businesses never existed before millennials, funny thing..us boomers are the ones with houses versus rentals. Quote HistoryQuoted: Quoted: Quoted: Quoted: I am not hating anything. You gave me a check. You have paid by check. I am not paying a fee for processing the money that you owe me. You have not got something for free, which was the point of the entire thread. This thread has opened my eyes to the mindset of the majority here. ETA;Perfect avatar for you. Don’t bother arguing. Boomers are terrible at business. lmao..like businesses never existed before millennials, funny thing..us boomers are the ones with houses versus rentals. Yeah. I just do it better. |
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Posted: 4/9/2023 11:31:44 AM EDT
[#38]
Quote HistoryQuoted: Ayyye. Good for you. I get to do that too! (Currently posting from a yacht in the Bahamas. Some of us young whipper snappers do pretty welll.) Quote HistoryQuoted: Quoted: Quoted: Quoted: Quoted: Quoted: Quoted: I love the boomer resistance to getting paid rent via credit card. I accept whatever payment people want to give. Part of doing business. Make it easier for your customer. Business 101. Most boomers are smart enough to know that there is no free lunch. If the landlord incurs more costs by accepting a CC than they think it is worth, they won’t take them. It is not rocket science. Who do you think invented credit cards? Hint: they have been around a long time. Dude I sell fuel and gasoline and people pay all the time with credit card. Don’t even try to pretend like there isn’t ways to regain credit card fees. My margin on fuel is Pennies. My margin on transport fuel is typically 2.5 cents. I have customers that want to pay with a credit card. So I figure it out. If you can’t figure it out, shame on you. Dude I worked for a finance company that made subprime auto loans and personal loans. We did take credit cards on our website and over the phone. We generally charged a convince fee but sometimes collections would waive the fee when they felt it was worth it. Did I mention that we had our own credit cards for a couple of years? I know all about how credit cards work and the fees charged to the cardholder and the merchant. Did you ever hear of First Data? That is one of the companies I had direct contact with before I retired. Dude. My family’s businesses are worth a few billion. I’m glad you’re retired. Enjoy it. Stay there. I am enjoying retirement and have no need or desire to go back to work. There is nothing like being able to go where I want when I want. Ayyye. Good for you. I get to do that too! (Currently posting from a yacht in the Bahamas. Some of us young whipper snappers do pretty welll.) Sounds like you were born with that silver spoon in mouth.....how would you really be doing without your "families billions"? |
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Posted: 4/9/2023 11:32:53 AM EDT
[#39]
Quote HistoryQuoted: Let's just say that some of us recognize where this is going, and exactly what can happen, and will happen with a cashless society. Quote HistoryQuoted: Quoted: I love the boomer resistance to getting paid rent via credit card. I accept whatever payment people want to give. Part of doing business. Make it easier for your customer. Business 101. Let's just say that some of us recognize where this is going, and exactly what can happen, and will happen with a cashless society. And? There’s no stopping it. But guess. Who’s going to vote it into law? Psst. Not millennials. It’s all being guided by boomers. |
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Posted: 4/9/2023 11:33:30 AM EDT
[#40]
Quote HistoryQuoted: I buy everything on credit that I possibly can, for the reward points. Same. My cards are paid off monthly. |
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Posted: 4/9/2023 11:34:42 AM EDT
[#41]
Quote HistoryQuoted: Paying rent on credit? Unless the balance is paid off monthly that seems kind of dumb. And how many of the Gen Z's aren't bitching about how difficult it is to pay for their lives and can afford to do that? 
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Posted: 4/9/2023 11:35:17 AM EDT
[#42]
It's pretty simple - if the tenant can be charged to offset the cost of payment, take whatever payment increases compliance and NOI.
From everything I've seen nationally somewhere between 5 and 8 percent of landlords accept CC payments of some kind. Appfolio, Yardi and most other mid tier PM suites give landlords the ability to accept CC payments while automatically offsetting the payment cost. CC acceptance isn't something only "billion dollar" companies do, but it's normally not smallholders/mom and pop's who own near majority of rental units. But smallholders aren't operating sophisticatedly. I've structured to accept only ACH/eCheck or CC autopay for more than 10 years, but my assets self select due to rent pricing. Residents at larger, newer complexes and in the top 15% of sub market rents are more apt to accept. Still have a small percentage who decline based on my requirements. I have a few legacy and most commercial tenants that pay otherwise, but new residential tenants have only those two options contractually. About 1 in 6 pay CC, zero net cost. There's a handful of chargebacks each year - CODB and almost always resolved in my favor. Structured and executed correctly there's no reason not to take CC if it benefits your system - theres more issue with sophisticated fraud. My analysts give me a good picture of what benefits my operation, but like anything, YMMV. If a landlord determines CC payments benefits there's no reason it can't be structured to work. |
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Posted: 4/9/2023 11:35:32 AM EDT
[#43]
Quote HistoryQuoted: Sounds like you were born with that silver spoon in mouth.....how would you really be doing without your "families billions"? Quote HistoryQuoted: Quoted: Quoted: Quoted: Quoted: Quoted: Quoted: Quoted: I love the boomer resistance to getting paid rent via credit card. I accept whatever payment people want to give. Part of doing business. Make it easier for your customer. Business 101. Most boomers are smart enough to know that there is no free lunch. If the landlord incurs more costs by accepting a CC than they think it is worth, they won’t take them. It is not rocket science. Who do you think invented credit cards? Hint: they have been around a long time. Dude I sell fuel and gasoline and people pay all the time with credit card. Don’t even try to pretend like there isn’t ways to regain credit card fees. My margin on fuel is Pennies. My margin on transport fuel is typically 2.5 cents. I have customers that want to pay with a credit card. So I figure it out. If you can’t figure it out, shame on you. Dude I worked for a finance company that made subprime auto loans and personal loans. We did take credit cards on our website and over the phone. We generally charged a convince fee but sometimes collections would waive the fee when they felt it was worth it. Did I mention that we had our own credit cards for a couple of years? I know all about how credit cards work and the fees charged to the cardholder and the merchant. Did you ever hear of First Data? That is one of the companies I had direct contact with before I retired. Dude. My family’s businesses are worth a few billion. I’m glad you’re retired. Enjoy it. Stay there. I am enjoying retirement and have no need or desire to go back to work. There is nothing like being able to go where I want when I want. Ayyye. Good for you. I get to do that too! (Currently posting from a yacht in the Bahamas. Some of us young whipper snappers do pretty welll.) Sounds like you were born with that silver spoon in mouth.....how would you really be doing without your "families billions"? Double major in International studies and history. Minor in economics. Masters in sales leadership. One of about ~1000 certified lubricant engineers. Extremely well respected in my field. So you tell me. I worked my ass off to be where I’m at. My investments are doing great too. Could I sit on my ass and do nothing? Absolutely! But my next goal is to be one of ~60 people with the NLGI CGLS certification. |
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Posted: 4/9/2023 11:37:20 AM EDT
[#44]
Quote HistoryQuoted: I buy everything on credit that I possibly can, for the reward points. Quote HistoryQuoted: Quoted: Paying rent on credit? Unless the balance is paid off monthly that seems kind of dumb. And how many of the Gen Z's aren't bitching about how difficult it is to pay for their lives and can afford to do that? |
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Posted: 4/9/2023 11:38:35 AM EDT
[#45]
Quote HistoryQuoted: Double major in International studies and history. Minor in economics. Masters in sales leadership. One of about ~1000 certified lubricant engineers. Extremely well respected in my field. So you tell me. I worked my ass off to be where I’m at. My investments are doing great too. Could I sit on my ass and do nothing? Absolutely! But my next goal is to be one of ~60 people with the NLGI CLGS certification. Quote HistoryQuoted: Quoted: Quoted: Quoted: Quoted: Quoted: Quoted: Quoted: Quoted: I love the boomer resistance to getting paid rent via credit card. I accept whatever payment people want to give. Part of doing business. Make it easier for your customer. Business 101. Most boomers are smart enough to know that there is no free lunch. If the landlord incurs more costs by accepting a CC than they think it is worth, they won’t take them. It is not rocket science. Who do you think invented credit cards? Hint: they have been around a long time. Dude I sell fuel and gasoline and people pay all the time with credit card. Don’t even try to pretend like there isn’t ways to regain credit card fees. My margin on fuel is Pennies. My margin on transport fuel is typically 2.5 cents. I have customers that want to pay with a credit card. So I figure it out. If you can’t figure it out, shame on you. Dude I worked for a finance company that made subprime auto loans and personal loans. We did take credit cards on our website and over the phone. We generally charged a convince fee but sometimes collections would waive the fee when they felt it was worth it. Did I mention that we had our own credit cards for a couple of years? I know all about how credit cards work and the fees charged to the cardholder and the merchant. Did you ever hear of First Data? That is one of the companies I had direct contact with before I retired. Dude. My family’s businesses are worth a few billion. I’m glad you’re retired. Enjoy it. Stay there. I am enjoying retirement and have no need or desire to go back to work. There is nothing like being able to go where I want when I want. Ayyye. Good for you. I get to do that too! (Currently posting from a yacht in the Bahamas. Some of us young whipper snappers do pretty welll.) Sounds like you were born with that silver spoon in mouth.....how would you really be doing without your "families billions"? Double major in International studies and history. Minor in economics. Masters in sales leadership. One of about ~1000 certified lubricant engineers. Extremely well respected in my field. So you tell me. I worked my ass off to be where I’m at. My investments are doing great too. Could I sit on my ass and do nothing? Absolutely! But my next goal is to be one of ~60 people with the NLGI CLGS certification. money doesn't impress me, never has, never will, your worship of it is IMO pretty funny, and I'll bet you stand in front of a mirror every morning giving yourself positive confirmations. |
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Posted: 4/9/2023 11:43:32 AM EDT
[#46]
If I live in a gubment subsidized apartment and pay $27.00 in rent with the utilities included (so I can turn the heat up to 87 and open the windows while boiling a pot of water so as to avoid ashy skin), do I still get the rewards if I pay with this card and never pay off the balance?
Asking for a friend/baby momma…. |
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Posted: 4/9/2023 11:44:26 AM EDT
[#47]
Quote HistoryQuoted: money doesn't impress me, never has, never will, your worship of it is IMO pretty funny, and I'll bet you stand in front of a mirror every morning giving yourself positive confirmations. Quote HistoryQuoted: Quoted: Quoted: Quoted: Quoted: Quoted: Quoted: Quoted: Quoted: Quoted: I love the boomer resistance to getting paid rent via credit card. I accept whatever payment people want to give. Part of doing business. Make it easier for your customer. Business 101. Most boomers are smart enough to know that there is no free lunch. If the landlord incurs more costs by accepting a CC than they think it is worth, they won’t take them. It is not rocket science. Who do you think invented credit cards? Hint: they have been around a long time. Dude I sell fuel and gasoline and people pay all the time with credit card. Don’t even try to pretend like there isn’t ways to regain credit card fees. My margin on fuel is Pennies. My margin on transport fuel is typically 2.5 cents. I have customers that want to pay with a credit card. So I figure it out. If you can’t figure it out, shame on you. Dude I worked for a finance company that made subprime auto loans and personal loans. We did take credit cards on our website and over the phone. We generally charged a convince fee but sometimes collections would waive the fee when they felt it was worth it. Did I mention that we had our own credit cards for a couple of years? I know all about how credit cards work and the fees charged to the cardholder and the merchant. Did you ever hear of First Data? That is one of the companies I had direct contact with before I retired. Dude. My family’s businesses are worth a few billion. I’m glad you’re retired. Enjoy it. Stay there. I am enjoying retirement and have no need or desire to go back to work. There is nothing like being able to go where I want when I want. Ayyye. Good for you. I get to do that too! (Currently posting from a yacht in the Bahamas. Some of us young whipper snappers do pretty welll.) Sounds like you were born with that silver spoon in mouth.....how would you really be doing without your "families billions"? Double major in International studies and history. Minor in economics. Masters in sales leadership. One of about ~1000 certified lubricant engineers. Extremely well respected in my field. So you tell me. I worked my ass off to be where I’m at. My investments are doing great too. Could I sit on my ass and do nothing? Absolutely! But my next goal is to be one of ~60 people with the NLGI CLGS certification. money doesn't impress me, never has, never will, your worship of it is IMO pretty funny, and I'll bet you stand in front of a mirror every morning giving yourself positive confirmations. You would lose that bet. Along with most bets on assumptions about me. I just like to make boomers grit their teeth and pop off with their generalized conceptions of younger generations. That makes them look like a gigantic idiot. I also raise these assholes:  Do cool things:  Shoot cool guns!  Have cool vehicles:  Have I stumped you yet?  I’m just a functional idiot that likes to have fun. That’s really good at his job. That can talk toe to toe with the top economists in the world. And can hang out with CEO’s of top companies. Etc. |
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Posted: 4/9/2023 11:55:47 AM EDT
[#48]
Lol this place
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Posted: 4/9/2023 11:59:18 AM EDT
[#49]
Can I rent to myself?
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Posted: 4/9/2023 12:09:57 PM EDT
[#50]
Quote HistoryQuoted: Don't bother arguing. Boomers are terrible at business. Ever hear of The Great Wealth Transfer? If boomers were bad at business then where did the unprecedented tens of trillions of dollars (highest speculated I saw is $68 trillion) that they are leaving their descendants come from? My wife and I inherited nothing but we are going to leave our two kids a modest but life-altering inheritance. Most bitching about boomers is due to frustration about having to wait for inheritances. <---Broad brush just as stupid as saying boomers are terrible at business. |
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