- Posts: 1
- Thank you received: 0
- Home
- Discuss!
- Multifamily Insiders Discussions
- The Front Lines
- Is anyones property working with that company called "flex" basically it splits their rent up and flex makes the full payments directly to the community?
Is anyones property working with that company called "flex" basically it splits their rent up and flex makes the full payments directly to the community?
Topic Author
- Posts: 1
- Thank you received: 0
Less
More
2 years 9 months ago #57759
by Berkley Christine
Is anyones property working with that company called "flex" basically it splits their rent up and flex makes the full payments directly to the community? was created by Berkley Christine
Is anyones property working with that company called "flex" basically it splits their rent up and flex makes the full payments directly to the community?
2 years 9 months ago #57759
by Berkley Christine
Reply to Berkley Christine
Gayle Hutson
2 years 9 months ago #57760
by Gayle Hutson
Replied by Gayle Hutson on topic Is anyones property working with that company called "flex" basically it splits their rent up and flex makes the full payments directly to the community?
I have worked with this program a few years ago.
Errin Daniels
2 years 9 months ago #57761
by Errin Daniels
Replied by Errin Daniels on topic Is anyones property working with that company called "flex" basically it splits their rent up and flex makes the full payments directly to the community?
Yes, we do
Jason Cotton
2 years 9 months ago #57762
by Jason Cotton
Replied by Jason Cotton on topic Is anyones property working with that company called "flex" basically it splits their rent up and flex makes the full payments directly to the community?
Yes! They have been very helpful. It’s a great service for the property to offer. I have been using them for 6-8 months now with no issues.
Yvonne Cisman
2 years 9 months ago #57763
by Yvonne Cisman
Replied by Yvonne Cisman on topic Is anyones property working with that company called "flex" basically it splits their rent up and flex makes the full payments directly to the community?
We use them
Gracie Ballard
2 years 9 months ago #57764
by Gracie Ballard
Replied by Gracie Ballard on topic Is anyones property working with that company called "flex" basically it splits their rent up and flex makes the full payments directly to the community?
Isn’t monthly rent already splitting their payments up?
Gracie Ballard
2 years 9 months ago #57765
by Gracie Ballard
Replied by Gracie Ballard on topic Is anyones property working with that company called "flex" basically it splits their rent up and flex makes the full payments directly to the community?
Monthly rent is essentially splitting up the full lease term into 12 monthly payments (or however many depending on lease term). So it seems like this program would basically be a payment plan for a payment plan lol
Robin Covarrubias
2 years 9 months ago #57766
by Robin Covarrubias
Replied by Robin Covarrubias on topic Is anyones property working with that company called "flex" basically it splits their rent up and flex makes the full payments directly to the community?
No this program allows the residents to make two payments per month to them and they pay the payment due on the 1st as an example
So if their rent is $1500, they could pay Flex $1000 and then two weeks later $500 or whatever they worked out. Flex pays the full $1500 on their behalf on the 1st.
So if their rent is $1500, they could pay Flex $1000 and then two weeks later $500 or whatever they worked out. Flex pays the full $1500 on their behalf on the 1st.
Shannon Ray
2 years 9 months ago #57767
by Shannon Ray
Replied by Shannon Ray on topic Is anyones property working with that company called "flex" basically it splits their rent up and flex makes the full payments directly to the community?
They pay residents rent in full at beginning of month & resident pays them back over the month.
Kim Cope
2 years 9 months ago #57768
by Kim Cope
Replied by Kim Cope on topic Is anyones property working with that company called "flex" basically it splits their rent up and flex makes the full payments directly to the community?
I’ve used them and it is great!!! No more late payments
Katie Butler Roncadori
2 years 9 months ago #57769
by Katie Butler Roncadori
Replied by Katie Butler Roncadori on topic Is anyones property working with that company called "flex" basically it splits their rent up and flex makes the full payments directly to the community?
Yes, great option for your residents and minimal work required for staff and no cost to you.
Anonymous
2 years 9 months ago #57770
by Anonymous
Replied by Anonymous on topic Is anyones property working with that company called "flex" basically it splits their rent up and flex makes the full payments directly to the community?
Seems like at the aggregate level that would tend to attract people that have fewer financial planning traits which would inherently propose a (if even only slightly) higher financial risk.
Marilyn Thompson
2 years 9 months ago #57771
by Marilyn Thompson
Replied by Marilyn Thompson on topic Is anyones property working with that company called "flex" basically it splits their rent up and flex makes the full payments directly to the community?
Yes. They have lots of issues most if which seem to be linked to company portal.
Marissa Smith
2 years 9 months ago #57772
by Marissa Smith
Replied by Marissa Smith on topic Is anyones property working with that company called "flex" basically it splits their rent up and flex makes the full payments directly to the community?
Yep! There have been a few issues with payments not coming on time but that’s primarily due to residents applying for the service late.
Chris Finetto
2 years 9 months ago #57773
by Chris Finetto
Replied by Chris Finetto on topic Is anyones property working with that company called "flex" basically it splits their rent up and flex makes the full payments directly to the community?
You can do this on your own, without much effort or additional cost.
You have to work closely with your accounting team to ensure you don’t capsize monthly income expected within the first few days of the month. Most mortgages are paid on the 10th.
You have to work closely with your accounting team to ensure you don’t capsize monthly income expected within the first few days of the month. Most mortgages are paid on the 10th.
Brandon Landers
1 year 5 months ago #640583
by Brandon Landers
Replied by Brandon Landers on topic Is anyones property working with that company called "flex" basically it splits their rent up and flex makes the full payments directly to the community?
So all of you people involved with this conversation about the flex company that splits your. Rent, have you all had problems with it? I've been out of my apartment for 2 months and still trying to get my rent money back.