Understanding the Financial Performance
We provide full accounting services and reports for your property to help you understand the financial performance clearly. Our experienced staff correctly accounts for all funds, and maintains complete and accurate records. All funds are deposited into a federally insured financial institution trust account.
Reports You Will Receive
We will send you a monthly, detailed report mailed on the tenth of the month. This report will show your rents received and expenses paid for the previous month. With it you will receive a transaction register, so you will be able to further track income and expenses, as well as a rent roll and a summary of delinquencies at the end of the month.
Collection of Rents
We will carry out the collection of all the rents from your tenants. On the tenth of the month, we review the payment status of all tenants, and send a letter to any tenant that is delinquent. On the 20th of the month, a second letter is sent, giving the tenant a deadline by which to pay. By the end of the month, we will discuss options with you as to whether we should use legal means to obtain restitution of the premises, or to encourage payment.
