On-Time Rent for property managers

Pay owners on time, even when rent is late.

Fyxed puts the shortfall in your trust account so you can pay the owner, and the late rent repays us once it comes in. The draw costs $20 on every $1,000.

An occupied single-family rental home
An experienced property-management leader reviewing payout records

Simple 2% fee

See the fee before you book.

Move the slider. The 2% fee is handled separately from repayment of the advance.

Talk through your numbers

$20

fee on a $1,000 draw

$500$10,000
Draw
$1,000
Fee rate
2%
Fyxed fee
$20

Or charge it to the owner

You do not have to absorb the 2%.

Some managers add a line to their management fee on the doors they enroll, and sell the payout date to the owner instead. The owner’s money reaches your operating account before our fee leaves it.

See how that math works

One $2,000 door, $20 a month added, rent short twice in the year

What one owner pays you+$240
Our fee on two advances−$80
Left with you+$160

Why we understand the problem

We came out of property management accounting, not fintech.

Fyxed comes from the APM Help team. They have handled the books for 1,000+ property management companies since 2017.

Taylor Hou founded both companies.

1,000+
property management companies
Since 2017
property management accounting

Other companies Taylor has built

How one late-rent case works.

Four clear steps, and the rest of your portfolio stays out of it.

  1. 01

    We review your setup.

    We check the books and trust-account workflow.

  2. 02

    You choose the property.

    You submit one late-rent case, not your whole portfolio.

  3. 03

    Approved funds go to trust.

    You send the owner payout from your trust account.

  4. 04

    Repayment follows the rent.

    Fyxed collects the agreed amount when that rent clears.

What the owner sees

Your owner still gets paid by you.

Approved funds go to your trust account. Your company sends the owner payout on its usual date.

A clear division of work

You keep control. Fyxed handles the draw.

You keep control

  • Choose the property
  • Work with the resident
  • Send the owner payout

Fyxed handles the draw

  • Send approved funds to trust
  • Track the matching rent
  • Collect the agreed repayment

Your property-management and bookkeeping process stays in place.

Questions

Where do approved funds go?

Approved funds go directly into your trust account. The transfer route is coordinated with you and your bank.

What changes in my property records?

On-Time Rent includes related bookkeeping entries in your property records. Fyxed can make those entries.

Do I have to enroll my whole portfolio?

No. You choose which tenants or properties you want considered.

Do owners or residents work with Fyxed?

Residents keep paying you. Owner statements can show a rent advance under your company's name.

Can I charge my owners for this instead?

Some managers do, by adding a line to their management fee on the doors they enroll. There is a separate page on how that money works, with a worksheet you can run against your own book.

What should I bring to the review?

Bring one late-rent case, the rent amount, and your owner payout date. We will walk through whether it fits.

Talk through one real case

Have a property stuck this month?

Pick a time on the calendar. Bring the rent amount and the owner payout date, and we will walk through the case with you.

Text (888) 521-1382 instead

We answer Monday to Friday, 9am to 6pm Central