Why haven't I received my OWNER DRAW for this month's rent yet?

Owner Draws occur on the last business day of the month.

If the unit was vacant, rent was not paid by the tenant, or there were expenses that used all available funds, you won't receive an Owner Draw for that month.

Owner Draw Cycle - Owner Draws for each month will be sent on the last business day of that month. Your Owner Statement will show the Owner Draw as "Cash Out" on the last business day of the month. If you receive your Owner Draw through ACH Direct Deposit, your draw should hit your bank account by the 2nd or 3rd business day of each month.

For example, this means that your January Owner Draw will be received on the 2nd or 3rd business day of February. If you receive your Owner Draw via check in the mail, the check will be received separately from your Owner Statements on or around the 7th business day of the month, or sooner.

Benefits To You

• Owner Draw, if sent via ACH, will hit your bank account on the 2nd or 3rd business day of each month.

• Owner Draws will be sent on the last business day of each month which will reduce the likelihood of issues with bounced checks from tenants or funds not being available for maintenance during the month.