Accounting and Financials

Clients receive comprehensive reports regarding all aspects of property performance. Our financial services include collecting rents and other income and handling monthly bill payments.

Rent collection

Rents are collected and deposited to the property's dedicated trust account. We collect rents on the first day of the month, unless otherwise stated on each tenant's lease agreement. To proactively encourage on-time payment, we automatically apply late fees and report them to Experian® RentBureau® with some exceptions.

Tenants choose from a variety of payment options, including:

• E-check (ACH)

• Credit / Debit Card

• Cash Payments at participating 7-Eleven, CVS, and ACE Cash Express Stores nationwide.

We also accept payment via Personal Check, Money Order, and Cashier's Check by mail or drop off at our physical office location.

Bill Payments

All payables are reviewed on a monthly basis for accuracy and unexpected increases. We try to lower costs whenever possible to maintain your profit margin. Our efficient team members promptly pay all property bills, including utilities, mortgage, property and business taxes, and insurance.

Monthly and Yearly Financial Statements

All bookkeeping is completed on a monthly basis, and monthly financial reports are sent to owners between the 10th and 15th day of the following month. We conduct a complete audit of all transactions and send you Year-End reports in January.

Here's what to expect in the monthly financial statements:

• Cash Flow and Income Statement

• Owner Transaction Statement

• Rent Roll Report

In addition to the reports above, the monthly packet can include additional reports customized to each property owner's preferences. Additional reports include the following: