Seems like everywhere you look these days there are little fees nipping at you for any monetary transaction. From ATM fees climbing to up to $4 per transaction, to wire transfer fees of $25 and higher. The banks try to take a little bit out of you any way they can.
The internet also gets you. Depending on the type of transaction, collecting money through PayPal can cost you 2.9% of the transaction, plus $0.30, but may vary. I bet vary doesn’t mean vary downward.
Credit card transactions on the internet can also come with hefty fees. Like any time you want to pay your property taxes, car registration or other forms of government payments. Most credit card charges are a percentage of the transaction.
Banks don’t offer much relief. They can give you the ability to do ACH (Automated Clearing House) transactions, but those don’t always come free.…
JP Moses
is a real estate investor in Memphis, TN, with experience ranging from land lording to note buying, rehabbing, and wholesaling. However, wholesaling is the area that he enjoys most and where he bring the most experience and expertise to his students.