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Updated about 4 years ago,
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.