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Managing Your Property

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60
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14
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Jay Sheth
  • Realtor
  • Fremont, CA
14
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60
Posts

1 month delay in get rental payment

Jay Sheth
  • Realtor
  • Fremont, CA
Posted Aug 14 2022, 10:56

Hi

are there any laws/ standard around when the property management company should pay the landlord the rent collected.


my property manger gives me rent deposited a month after tenant has paid. Reason said is they do accounting at end of month. I have properties in other states but I haven’t seen so much delay. this seems they are keeping money for their own interest. Not sure if I can do anything about it. I haven’t seen any other issues with property mangement other than this issue.

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