During your career as a landlord, you’ll likely have a few tenants who pay with cash. Although cash is nice, I prefer checks since that gives us both a record of payment.
But there’s another reason that I never gave much thought to … counterfeit bills.
Do you know how to easily spot one? Truth be known, I don’t. And neither did a landlord in Ohio who says she’s in a hard spot because her tenants paid in fake money.