Collecting Rent For Your Investment

Collecting rent is easy if you have the perfect tenant who pays on time! But what if they don’t? Having someone in your corner who knows tenant law and the proper notices to send is critical!

If a tenant has gone beyond the grace period of the lease we provide them with a late rent notice, where we collect the appropriate late fees along with the normal rent amount. Worse case, if we have a tenant that does stop paying rent, we will assist in the eviction process and re-renting the property quickly.

We make paying rent easy for tenants with the online tenant portal that can be accessed 24/7. We encourage tenants to pay online, which means we can pay you out faster.

• Rent Due Date: Rent is due on the 4th of the month by 5:00 pm.
• Late Rent: Rent is considered late if not paid by the 5th of the month.
• Owner Payment Date: Owners receive their payment by the 10th of the month.
• ACH Payment Processing: It takes 3 working days for owners and vendors to receive their ACH payment.

Given this timeline, tenants have until the 4th to pay their rent on time. If rent is not received by the 5th, it is considered late. Owners can expect to receive their payments by the 10th of the month, with ACH payments taking 3 working days to process.

This clear schedule helps ensure timely payments for both tenants and owners, contributing to the smooth operation of your property management company. Let me know if you need further assistance with any other aspects of your property management process.