The first rent pay-out is scheduled 30 days after completion of the escrow, on the first day of the new month, unless specified differently on the listing page.
In the case of a "Direct investment," you will start earning rental income from a predetermined timeline, without being affected by fundraising milestones.
If it's not a direct investment opportunity, the first rent payout is scheduled to be disbursed 30 days after the completion of the escrow process, and it will be made on the first day of the following month. This payment schedule ensures that all necessary administrative procedures are completed, and the required verification processes are finalized before the rent payout is initiated.
For example, if the escrow for your property is successfully closed on August 15th, you can expect to receive your first rent payout on October 1st or the week after the 15th as this depends on the property management. Similarly, if the escrow is completed on any other day in a given month, the first rent payout will be processed exactly 30 days after that, and it will always fall on the first day of the subsequent month.