News

When Do You Get Paid? Let’s Talk About Owner Draw Day

When you’re choosing the right property management company, there’s a lot to think about—communication, maintenance, tenant experience, and more. But at the end of the day, one thing usually rises to the top:

When do I get paid?

At Fetch, we call that Owner Draw Day—and yes, it’s as important to us as it is to you. After all, this is your property, your tenants, and ultimately, your money. Transparency is one of our core values, and it’s crucially important to us that we’re clear and upfront—especially when it comes to your money. So, let’s walk through how it works.

When Is Owner Draw Day at Fetch?

We process owner draws on the 10th of each month. If the 10th falls on a weekend or a bank holiday, we’ll send your funds on the next business day. You’ll receive your rental income via direct deposit, and your statement will be available in your owner portal.

What Affects Owner Draws?

Several important factors come into play when it’s time to send your payment:

  1. Rent Collection

This one’s simple: if rent is paid on time, we’re good to go. If not, we kick off our rent collection process—that includes reminders, late notices, and applicable late fees. Most tenants pay on time, but when they don’t, we’re on it starting the 6th of the month.

(Stay tuned—we’ve got a detailed blog coming soon about how we handle rent collection.)

  1. Reserve Funds

Each property has a minimum reserve requirement. If that reserve dips below the threshold due to repairs or other costs, we’ll replenish it before issuing your owner draw. This ensures we can handle unexpected expenses quickly.

  1. Outstanding Maintenance or Repairs

Pending bills for recent repairs or approved maintenance requests may be deducted from your rental income. We always communicate major repairs ahead of time, but you’ll see the details clearly in your owner statement.

  1. Other Payments or Fees

Utility reimbursements, service charges, or HOA payments (if we’re handling them) are also factored in before the draw is finalized.

Where Can I See the Details?

All of this is reflected on your monthly owner statement, available in your Fetch owner portal. You can view it by property, date, or transaction type—whatever works best for you.

And if you’re ever unsure, we’ve got you covered.

Need a Refresher? Let’s Chat

As part of our owner onboarding process, we offer a 30-day review with a focus on owner draws, reporting, and how your rental income flows. Didn’t have time to schedule one? Want a quick refresher?

Schedule a consultation here:—we’d be happy to walk you through it again.

At Fetch, we believe transparency builds trust—and when it comes to your money, you deserve nothing less.

Available Rentals

What We Do

Pricing

0 Comments

Submit a Comment

Your email address will not be published. Required fields are marked *