It appears that my tenant is paying the water useage in dribbs and drabs over a few months, and as such the PM is passing these part payments to me (eg paying $20 this month, $10 next, $14.50 month after etc etc). The charges appear to be fully paid over a few months.
Is this usual with other PMs or do they generally hold the water useage repayments to pass to the LL in one payment?
If you have had water useage (or other additional expenses) paid in dribbs and drabs, have you asked for the PM to hold the payments until all payments are made to pass onto you as one, or accept that this is part of your records reconciliation process??
(I realise this is a minor question compared to other stories shared on the forum! )
Cheers,
Is this usual with other PMs or do they generally hold the water useage repayments to pass to the LL in one payment?
If you have had water useage (or other additional expenses) paid in dribbs and drabs, have you asked for the PM to hold the payments until all payments are made to pass onto you as one, or accept that this is part of your records reconciliation process??
(I realise this is a minor question compared to other stories shared on the forum! )
Cheers,