Payments
Based on the amount you indicated for each property, the management fee is grabbed and sent to you via ACH when the tenant makes a rental payment. What is left automatically goes to the landlord.
We charge $15 for each active property in your account. When the tenant moves out, you can deactivate the property so it does not generate a monthly charge.
Tenants can pay rent with their bank account, debit card, or credit card.
You are auto charged on the 6th of each month for the number of active doors in your account.
If the tenant makes a payment on Monday morning, the management fee should be in your account by Thursday or Friday (depending on your bank’s processing time).
That is determined based on the agreement between you and the landlord.