We employ ACH automatic rent payments to collect rent from the tenant. This automates the process, eliminating late rent payments. Rent is due on the first of the month and is considered late by the 5th. If a tenant has a banking problem, they may pay online using our online tenant portal, or they can pay rent at our office.
If rent payments are not received as required in their lease, Envest Realty will contact the tenants for rent collection. We will notify owners of rent payment status and send appropriate notices to tenants. All of our tenants are required to pay their rent on-time using our automatic rent payment system, which is made possible due to the excellent tenant screening process employed by Envest Realty. All rent deposits are made daily through our automated ACH payment system. Rent is disbursed to property owners on the 20th of every month. If the 20th falls on a weekend or holiday, rent disbursement will occur on the following business day. Owners receive rent payments via direct deposit (ACH) to your bank account.
Our accounting department uses a professional property management system. It is one of the highest-rated property management software packages to ensure complete, accurate records of all income and expense that affect your property.