Financial Reporting

 

Accurate and timely financial reporting is of paramount importance to any business, especially as it pertains to income properties. As is customary in our industry, our accounting department is responsible for the documentation of all property income and expenses and is charged with the reporting of such to our clients on a monthly basis. Financial reports are customarily prepared during the early portion of the month and are normally mailed to the property owner by mid-month or sooner. Reporting is accomplished on nationally accepted property management software.

 

During and after preparation of monthly financial reports, each entry is reviewed for accuracy by our accounting staff and a property team member to insure accuracy and compliance with the property owner's plans and standards.

 

Banking Institutions

 

Banking services are normally utilized from a conveniently located Federally insured bank. The timely deposit of funds is assured daily by our Accounting Department and is normally paid to our clients by company check. However, RLM customarily provides funds for overseas clients via direct deposit into their accounts or via wire transfer if necessary. If requested, we can forward tenant checks directly to you or your bank. All property accounts are maintained in strict compliance with standard accounting procedures and reviewed periodically by our CPA. We feel that accuracy and timeliness of financial reporting is of paramount importance to us all....You can rely on RLM to satisfy the most demanding accountant!

 

Web Based Account Reporting

 

RLM is able to offer you complete on line access to your account! Each RLM client is given a password for direct on-line access to your private property owner account, available 24 hours/day, through our web site residentialleasing.net . Your account is constantly maintained and up dated to show rents and invoices as they are received. You are able to access and print your monthly income and expense statements at any time from any location! You can access tenant information such as when a payment was made, lease start and ending dates, monies due from tenants, Rent rolls, copies of invoices, copies of current leases, photos of your property, etc. Additionally, many of the reports are available in color graphic form so that you will be able to see developing trends at a glance.

 

Residential Leasing & Management Corp "RLM" truly is on top of every aspect of property management, able to advise you of local property codes, local real estate tax changes and many other aspects of property ownership that other companies tend not to even notice.