How do I get the rent money?
We utilize an property management software called, Appfolio.
This allows us to collect rent fast with online payment options for our residents and quick and easy ACH disbursements for our owners!
Domestic clients have the option for a 10th of the month owner disbursement or a last day of the month owner disbursement. If your resident pays after the 10th, once those funds clear, we can do another ACH for our clients. ( We know how important those rent payments are!)
International clients disbursement is on the last day of every month.
Please Note: The system ACH's and a file is sent that day BUT it does take overnight to process the banking system, which means you'll receive your deposit the next BUSINESS day. Please keep this is mind when the 10th/or last day of the month falls on a Friday, Saturday or Sunday.
*If you are paying a mortgage payment with the funds and most mortgage payments are due by the 15th of the month, it would be best for you to have funds set aside for your mortgage amount for the case of the draw being later than the 10th or your tenant being late with their rent*