Fast OwnerPayments
Fast, Reliable
Owner Payments
At MyRentSource Property Management, we believe that “Passive Income” should actually be passive. One of the biggest frustrations for property owners is waiting weeks for their rental income to be disbursed. We’ve optimized our financial systems to ensure that your funds are processed accurately and deposited into your account as quickly as possible.
Our Payment Schedule: The 13th of Every Month
Consistency is the foundation of a good partnership. While many management firms wait until the end of the month to release funds, we prioritize early disbursements.
- Monthly Disbursement: We pay all owners on the 13th of each month.
- Direct Deposit (ACH): No more waiting for checks in the mail. Funds are sent via secure ACH transfer directly to your designated bank account.
- On-Time Processing: If the 13th falls on a weekend or holiday, your payment is processed on the following business day to ensure there are no long delays.
24/7 Financial Transparency
Through your Online Owner Portal, you have “anytime” access to your property’s financial health. Before the funds even hit your bank account, you can log in to view:
- Real-time ledger updates.
- Current month’s rental income.
- Itemized maintenance expenses (with no hidden up-charges).
Year-End Simplified
Fast payments are only half the battle; easy accounting is the other. At the end of each year, we provide:
- Form 1099-MISC for your tax filings.
- Annual Summary Statements that categorize all income and expenses, making tax season a breeze for you and your CPA.
Real-Time Transparency with the AppFolio Owner Portal
How It Works
Step 1
Rent Collection: Residents pay rent via their portal (due on the 1st).
Step 2
Clearing Period: We allow a brief window to ensure all tenant funds have cleared securely.
Step 3
Owner Payout: On the 13th, we initiate your ACH transfer.
Step 4
Notification: You receive an automated email notification that your funds and your monthly statement are ready.
Get a Free No Obligation Rental Analysis Please only submit this form if you live in Georgia.
All the services you need,
all in one place
We manage Single Family homes and Multi-Family properties (including apartments, condos, townhomes, detached homes, etc)
My Rent Source provides property management services to Barrow, Bartow, Butts, Carroll, Cherokee, Clayton, Cobb, Coweta, Dawson, DeKalb, Douglas, Fayette, Forsyth, Fulton, Gwinnett, Harris, Henry, Jackson, Meriwether, Newton, Paulding, Rockdale, Spaulding, Troup, and Walton counties.
We go beyond generating rental revenues to adding value to your properties over the years.
Our Services
Customer Service
Our team takes great pride in providing the best service possible. We communicate effectively via phone, email or text. We are always available and we always strive for a win win relationship.
Fast Owner Payments
We know its important to get your money fast. We pay all owners on the 13th of each month via direct deposit or check.
Rent Collection
Tired of chasing tenants for rent each month? We handle everything for you. Our tenants have the option to make payments online anytime.
Tenant Screening
Our delinquency rate is less than 3% due to our extensive screening process. We process credit, criminal, eviction, employment verification & rental history.
Maintenance
No more headaches or long weekends spent resolving repairs. We handle all maintenance requests for you and ensure the job gets done right.
Property Inspections
We conduct sign on inspections, move in inspections and move out inspections. Additionally, our vendors always document property condition when they are onsite handling repairs.
Financial Reporting
In addition to your standard monthly owner statement we can also provide, Cash Flow, Gross Rent and Yearly comparison reports, PDF or excel formats.
Evictions
Even after extensive screening evictions are still possible. If it happens don't worry, we work with the constable and our vendors to remove the tenant, secure the property & prepare to lease again.
Marketing
Marketing your property is paramount and our methods are time tested and market proven. We advertise on over 100+ online websites and on Multi Listing Services.
Contact Us for More Information
