[landlord Westchester NY] Best way on Collecting Rent
 I have just purchased a commercial building in Westchester NY with 4 tenants. Two tenants are paying the previous landlord with check and two are using zelle. What's the best / safest way to collect rent?

Should I make them sign new leases and get new insurance certs?

Two are month to month, can I raise the rents on these?
[{"id": "hr0cgmz", "text": "Congratulations on the purchase! The best type of rent is \"rent collected\". For just 4 units I would be open to them paying by zelle. Payment by check is pretty standard and have them send it to an office address (or wherever you do business, p.o. Box etc..). There are also plenty of online platforms to connect a bank account to that will allow you to accept debit and or credit cards, and some management systems that will automatically link to the bank account and keep track of tenants payments", "replies": [], "depth": 1}, {"id": "hr0kys8", "text": "I have 4 doors. zelle is best", "replies": [{"id": "hr0y7gf", "text": "Thanks for the reply, I recently read that if you were trying to ever evict a tenant that they can simply make a small payment thru Zelle that the landlord does not have the ability to block. This can cause the eviction process to take much longer.", "replies": [], "depth": 2}], "depth": 1}, {"id": "hr0wo48", "text": "Congrats on the close! I\u2019d definitely have them sign new leases, although not sure on insurance certs. The month to month tenants are up to you. Depending on their current lease I imagine you\u2019d be able to raise up to the local limit percentage increase, but you have to way the risks of them leaving.\n\nI grew up in Nyack. Curious about your endeavors in Westchester. If you wouldn\u2019t mind sharing your process I\u2019d love to hear about it. I\u2019ve been interested in the lower Westchester counties, but NY taxes are high, legislation isn\u2019t always the most landlord friendly, and the cap rates seem to be fairly low. What was the cap rate at purchase? Did you have difficulty finding 4-plex deals? Lastly, was this a turn key or are you looking at a value add play? Feel free to DM as well", "replies": [], "depth": 1}]