Agents collect rent from the tenants, deduct fees and any invoices payable, and then transfer the remaining funds to their owners all at once in what is called a ‘Disbursement’.
Most agents perform a disbursement twice a month – at mid-month and end of month. Some agents will disburse weekly.
The more often your rent is paid to you, the better your cash flow. Over time, it can also save you on your mortgage interest payments if you have an offset account. (Speak with your financial adviser about this).