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HomeForumsGeneral Landlording & Rental PropertiesProperty Managers - How do you pay your owners?
Sara Reeder's profile image
Sara Reeder's profile image
Sara Reeder
  • from Castle Rock, Colorado
  • Member since Jan 14, 2015
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Sara Reeder's profile image
Sara Reeder's profile image
Sara Reeder
  • from Castle Rock, Colorado
  • Member since Jan 14, 2015
Connect
Sara Reeder
  • Castle Rock, CO
18
Votes |
20
Posts
General Landlording & Rental Properties

Property Managers - How do you pay your owners?

Sara Reeder
  • Castle Rock, CO
Posted Jul 23 2015, 10:30

I am a (licensed) property manager with a small Property Management company in CO and we manage approximately 100 units (primarily SFH). For some reason, our bank (1stBank) will not allow ACHs out to our owners (I think it has to do with my Employing Broker's credit?)... I was wondering what system you use to pay your owners other than ACH?

Currently, we either mail checks, deposit them into their accounts at their bank or pay via paypal... I'd love to hear other options!

Thanks!

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