Your Rent Should Be Collected, Accounted For, and Clearly Reported.
000 Property gives residents convenient electronic payment options, monitors unpaid balances, follows documented collection procedures, and provides owners with direct deposits and clear monthly records.
“Tell me whether rent was paid, what was deducted, when I will receive my money, and what happens if payment is late.”
Rent Collection Is More Than Accepting a Payment.
Owners need more than a payment button. They need a system that records charges, tracks balances, documents follow-up, enforces the lease consistently, and connects each distribution to an understandable statement.
- 01Residents receive a clear, convenient way to pay.
- 02Unpaid balances are not allowed to disappear into silence.
- 03Owners can see the financial activity behind each distribution.
Make Paying Rent Simple—and the Record Clear.
Residents can use the approved online payment system to view account information and submit electronic payments, helping create a consistent record for both management and the owner.
Tenant Portal
Residents can view balances, payment activity, receipts, and available account information.
ACH & AutoPay
Bank transfer and available recurring-payment options make monthly payment more convenient.
Electronic Payments
Available card options may provide additional flexibility; processing fees can vary by method.
Documented Activity
Electronic records support accurate ledgers, payment histories, and owner reporting.
From Rent Due to Owner Distribution
A structured monthly cycle helps owners understand what happens to the rent from the moment it becomes due through reconciliation and payment.
Rent Becomes Due Under the Lease
Due dateResidents can submit payment through the approved electronic system and view their current account information.
Payment and Ledger Activity Are Recorded
Account trackingCharges, payments, credits, and outstanding balances are reflected in the property-management accounting system.
Late Accounts Receive Prompt Attention
If unpaidIf rent is not received as required by the lease, applicable charges, communication, documentation, and notice procedures begin as appropriate.
Consistent lease enforcementCollected Funds Clear and the Account Is Reconciled
ProcessingReceived funds must clear before distribution. Management fees, approved expenses, reserves, and other applicable property activity are accounted for.
Owner Distribution and Statement Are Processed
Generally around the 15th*Available owner funds are generally sent by direct deposit on or around the 15th, together with access to the related monthly financial records.
Timing depends on cleared funds and account activityA Late Balance Needs Action—not Guesswork.
The resident’s response determines what happens next. Throughout the process, relevant communication and account activity are documented and significant developments are shared with the owner.
If the Account Is Brought Current
If the resident pays the amounts required within the applicable period, the collection matter may be resolved and the tenancy continues.
- Payment is recorded
- Ledger is updated
- Normal collection cycle resumes
If the Default Is Not Resolved
When nonpayment continues, we coordinate the appropriate management steps and, when necessary, transfer the documented matter to retained Arizona eviction counsel.
- Required documentation organized
- Owner receives relevant updates
- Legal process controlled by counsel
Your Distribution Should Come With a Clear Explanation.
After collected rent clears and monthly processing is completed, available owner funds are generally distributed by ACH on or around the 15th.
The amount sent reflects actual account activity, which may include management fees, vendor or maintenance expenses, required reserves, authorized charges, and other applicable property items. Banking time may also affect when funds appear.
See More Than the Deposit in Your Bank.
The owner portal provides convenient access to available property and financial records, helping you understand income, expenses, and historical activity.
Owner Statements
Payment History
Vendor Invoices
Maintenance Records
Lease Records
Prior Statements
Distribution History
Available Tax Documents
Consistency Protects Rental Income.
Convenient Payment Options
Removing unnecessary payment friction makes it easier for residents to follow the lease.
Prompt Delinquency Follow-Up
Late balances receive communication, documentation, and appropriate next-step coordination.
Documented Lease Enforcement
Consistent procedures support fair treatment and a clearer record when escalation is necessary.
Owner Visibility
Significant collection developments and available financial activity do not remain hidden.
Organized Accounting
Income, expenses, invoices, distributions, and records are maintained in one management system.
Retained Counsel Coordination
If a default continues, the documented file can be coordinated with qualified eviction counsel.
Important Information
Collection and distribution timing is not guaranteed. It may be affected by when rent is received, payment holds or reversals, banking schedules, account balances, required reserves, management fees, approved maintenance or vendor expenses, legal requirements, and other property activity. Property owners remain responsible for applicable attorney fees, court costs, service charges, and other eviction-related expenses under the Property Management Agreement. 000 Property coordinates property-management services and does not provide legal advice or representation.
Know What Was Collected, What Was Paid, and What Happens Next.
Let 000 Property coordinate resident payments, late-account procedures, owner distributions, and the financial records behind your rental property.
Frequently Asked Questions
Here are answers to common questions about rent collection, late payments, legal notices, and owner distributions.
How quickly are owners paid?
Rent is due from tenants on the 1st of each month and is considered late on the 2nd. When rent is paid on time and the funds have cleared, owner distributions are generally processed on or around the 15th of each month. The amount distributed reflects the rent collected, minus property management fees, maintenance or vendor expenses, authorized charges, required reserves, and any other applicable property expenses. After the payment is processed, please allow a few regular banking days for the funds to appear in your account.
What happens if a tenant stops paying rent?
Rent is due on the 1st by 5:00pm and is considered late by 5:01pm. If payment is not received by the due date, we promptly contact the tenant and work to bring the account current. We consistently enforce the lease and follow the required notice and collection procedures when necessary. Our goal is to encourage on-time payments, help tenants avoid late fees, and ensure owners receive their rental income as scheduled.
Do you send legal notices?
Yes. When appropriate, required notices are prepared and delivered promptly in accordance with the lease, our established procedures, and applicable Arizona requirements. Depending on the circumstances, this may include an Arizona Five-Day Notice to Pay Rent or face termination of the lease. We also document relevant tenant communications and keep the property owner informed. If the default is not cured within the legally required period, we coordinate the next steps with our retained Arizona eviction law firm, subject to attorney review. Property owners remain responsible for applicable attorney fees, court costs, service fees, and other eviction-related expenses as provided in the Property Management Agreement.
Are late fees enforced?
Yes. Applicable late fees are assessed according to the terms of the lease agreement and charged directly to the resident, not the property owner. Late-fee provisions are enforced consistently to encourage on-time payments and help protect the owner’s rental income.
