Streamlined Payment Channels
We make paying rent effortless for tenants through secure digital portals to maintain consistent on-time cash flow.
Automated ACH Direct Debit
Tenants configure recurring monthly ACH bank transfers via Rentvine, minimizing missed payments.
Credit & Debit Processing
24/7 online portal payment processing accepting all major credit and debit cards.
Online Tenant Portal
Instant access to payment history, ledger receipts, and automated payment reminder notifications.
Retail Cash Payment Network
Options for tenants needing electronic cash payments via participating local retail partner locations.
Late Fee Enforcement & Statutory Legal Notices
Consistent enforcement protects rental income while remaining strictly compliant with Florida Statutes.
Late Fee Policy & Schedule
- Due Date: Rent is strictly due on the 1st day of each calendar month.
- Grace Period: Payments received through 11:59 PM on the 5th incur no penalty.
- Late Fee Assessment: On the 6th of the month, a standardized late fee is applied to the tenant balance per lease agreement terms.
- Automated Reminders: Daily digital notifications and SMS alerts are triggered to delinquent accounts.
Statutory 3-Day Notice Enforcement
- Notice Issuance: If rent remains unpaid by the 7th, a formal Statutory 3-Day Notice to Pay or Vacate is served under Florida law.
- Proper Service: Notices are served via hand delivery, certified mail, or posting per statutory requirements.
- Legal Escalation: If unpaid at the end of the notice period, the account is escalated to eviction legal counsel.
- Owner Communication: Owners are updated immediately prior to initiating legal proceedings.
Owner Direct Deposit & Disbursement Schedule
How collected rental funds move safely from tenant payments to your bank account every month.
Rent Collection
Rental funds collected and cleared into dedicated escrow accounts between the 1st and 5th of the month.
Reconciliation
Accounting reconciliation of cleared rent, management fees, and documented maintenance expenses.
Direct Deposit
Automated ACH electronic transfer sent directly to owner designated bank accounts (typically 10th–15th).
Monthly Statement
Itemized owner statement and ledger generated and published to the Rentvine Owner Portal.
Frequently Asked Questions
When do owners receive their monthly rental disbursements?
Owner disbursements are processed via ACH direct deposit monthly, typically between the 10th and 15th of the month, following bank clearance and financial reconciliation.
What happens if a tenant payment fails or bounces?
If an ACH or check payment fails, applicable NSF fees are assessed to the tenant ledger, and the account is immediately placed into late payment status with notice enforcement.
Are late fees shared with property owners?
Late fee allocation and administrative processing details are outlined in your specific Winvest Property Management Agreement.
How does Winvest handle partial rent payments?
Partial payments during active notice periods are managed strictly in accordance with Florida landlord-tenant statutes to ensure legal notice rights remain enforceable.