Home‎ > ‎

When can I expect to receive rental income?

Unlike many companies who pay their owners on the 20th of each month, we close each accounting period on the 10th and all payments to our clients are initiated on the 10th or the next business day if a holiday or weekend. There are many reasons for this. We receive rent payments from tenants through the 5th of each month before they incur late fees, we use rental income held to pay for any of your expenses, invoices, etc from your account. This process from funds clearing and all payments being made generally takes until the 10th of each month. Once your payment is initiated for direct deposit, you can expect to see funds in your account between 2-3 business days, usually the 13-14th.