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Standard Rental Proceeds Disbursement Policy. It is the standard policy of 3 Options Realty to disburse monthly rental proceeds to property owners between the 15th and the 18th of the month, conditioned upon the property manager’s receipt of such funds from tenant(s). This policy is driven by the necessity under the law for the property manager to fund all shortages in the rental trust account caused by compulsory debits due to deposits of non-sufficient funds (NSF) for which a deficit balance is created on the property owner’s ledger.
Exception to Policy: If the property owner desires to receive the rental proceeds between the 6th and 8th day of each month, management will accommodate for a small monthly fee of $20 per disbursement, per property.
Contact Us to learn more about our rental proceeds disbursement policy.
Ericka Wright Agent
Born and raised on the sunny east coast of South Africa, I entered the United States for the first time in 1997. Immediately impressed by…
I have been a rental property owner in the Atlanta area since 1993; I enjoy searching for properties, I enjoy touring and inspecting them and…
I specialize in helping my clients get the most value when buying a home and helping them put the most cash in their pocket when…
The housing market is constantly in flux, often driven by shifting demographics and inflation. High cost of living, and scarcity in housing. Fortunately, these trends don’t necessarily mean bad news for landlords and property managers…
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Are you looking to expand your portfolio, or are you a first-time investor? Before buying an income property, there are several factors to consider to ensure you get a high return on investment (ROI). The…
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All markets are constantly changing, and rental properties are no exception. Since the last recession which caused rental rates to skyrocket and remain high, property owners needed help to cover their new mortgages. In addition,…
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We were so fortunate in choosing Brenna to sell my mom's home. She went through the house and made suggestions as to where we should make updates, that were not overly expensive, but that greatly enhanced the home. These updates made it possible to get top dollar. We had multiple offers within 3 days of listing. She is available 24/7 and is on top of everything in the process to provide a smooth, quick transaction.
Dealing with Dan has been a very good experience. He brings personalization and total involvement and carefulness to the process. He dots all the I's and makes sure the T's are crossed. He also brings a wealth of quality personal experience from both the sales and buying sides. Great to have on your team!
Several years ago Dan helped us look for a lakefront home on Lake Lanier. Dan did his research and showed us many interesting properties, spending many hours with us viewing each of the choices. Dan also helped us in the sale of our home in Roswell, as well with property management for a friend's townhouse that we referred to him.
We moved from Colorado and had no knowledge of the housing market in the Atlanta area. Dan was very attentive to our needs. We learned a great deal about the home buying process and benefited more from learning what not to buy. His knowledge and experience formed a bond of trust that made purchasing our first home in Georgia an enjoyable experience. We would highly recommend choosing Dan Wilhelm as your next Realtor.
