How does a property manager collect the rent?

[Fili Aguirre]

How does a property manager collect the rent and pay you? Do they get the money then pay you? Or they set a payment method with the tenants so they pay the owner directly? Who gets to choose what payment method will be used to pay the monthly rent?

[Scott M.]

I highly doubt you will have a choice.  The vast majority (like99.99%) (if not all) mangers collect the rent then deduct their fee and any expenses for the month and send you a report and your funds or an invoice if you owe them money.

In addition, how will the manager know if the tenant paid and when they paid you?  They need to start their collections process.  Doing it the "wrong way" makes a lot of extra work for both of you and kind of defeats the purpose of having a manager.