Owner Draw
The portion of collected rent that gets paid out to the property owner after all expenses. This is the disbursement amount. On a $1,200/month rental with $120 in management fees and $200 in maintenance that month, the owner draw is $880. Some owners confuse gross rent with what they will actually receive; the owner draw is reality.
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We manage rental properties in Memphis and deal with this daily. Ask us directly.
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