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| Accounting
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Our
accounting services are supported
on state-of-the-art computerized
systems that allow us to optimize
income and expense management. Our
processes ensure that we collect
what you are owed each month, groups
payments into bank deposits, print
deposit slips, and indicate when
the money has been deposited in
the bank. We also provide our property
owners online access with up-to-date
visibility in to the collection
of their income. |
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| Income Management |
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Faster
payment processing means
accelerated collection
of property income for
our property owners. |
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Automatic
calculation and enforcement
of late fees maximizes
property income. |
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Ability
for owners to easily gauge
the effectiveness of our
collection. |
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Standard
tenant notices and statements
to communicate with your
tenants in a professional
manner. |
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On-demand
reports are also available. |
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| Rent Collection |
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All rents
are due on the 1st of the month
and are late on the 5th. |
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First notices
are given on the 5th. Three
day notices are posted on the
10th. |
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Court cases
are initiated against all delinquent
residents on the 15th. |
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We work directly
with a specialized real estate
attorney that handles evictions
efficiently. |
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| Expense Management |
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| Controlling
property expenses is one of our critical
responsibilities. Our systems enable
us to efficiently track bills, interactions
with vendors, ensure bills get paid
for the right amount on time, every
time. All vendor information, bills,
bill payments, conversation notes,
and even scanned copies of documents
are available in one secure, shared
location. This results in: |
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Controlled
property expenses through appropriate
visibility of historical bills. |
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Elimination
of costly errors resulting from
paying vendors for duplicate
bills. |
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Avoidance
of overdrawing property accounts
by viewing portfolio income
when paying bills. |
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Proper use
of operating reserves when paying
bills. |
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| Our itemized monthly
and annual operating statements consolidate
a variety of information for easy
review as well as income tax preparation. |
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| Monthly Disbursements |
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We disburse
funds once each month. |
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Owners are
mailed checks on the 15th of
each month. |
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Direct deposit
is available to banks in the
local area. |
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Monthly statements
are emailed or mailed to property
owners at this time. |
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