General Landlording & Rental Properties
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by

Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by

1031 Exchanges
presented by

Real Estate Classifieds
Reviews & Feedback
Updated about 4 years ago on . Most recent reply

Owner Rent Proceeds Payment Processor
I have a small (less than 10) door property management company and my customers desire direct deposit for rental proceeds. Does anyone have a company that they like?
My current setup is:
Tenant payment via Cozy
Auto Deposit to Escrow at Bank
Bank offers Online Payments of Invoices (Proceeds to Owners)
This creates a 7-10 day (minimum) processing delay between tenant payment and owner receipt of proceeds.