Property Management Services
Simplify the Management of Your Real Estate Portfolio
Owning well-maintained rental properties that generate reliable rents from quality tenants and, which do not require you to worry about any of the daily tenant and property issues, and allow you to collect your income hands-free of the property is a significant step toward the passive income you deserve. However, hands-off ownership of your rental properties still leaves you short of a truly passive lifestyle.
With each revenue-generating rental property you own, there are many administrative activities that need to be performed:
- Periodic banking transactions
- Security deposit maintenance and disbursement
- Complete and accurate accounting
- Consolidation of income and expense information for annual taxes
- File and records keeping of financial transactions in the event of a tax audit
As your real estate investment portfolio grows, performing such administrative work can quickly become a full-time job. If you’re like most real estate investors, it’s a job that you tend to ignore. By not taking the administrative activities as seriously as the income and maintenance of your investment properties your investment’s performance can be impacted greatly. Did you know, if you were audited and the IRS found incomplete, inaccurate, or missing financial records they would resolve the financial issues in their favor? That can add up to significant dollars lost in tax write-offs or worse yet, considerable dollars owed to the As your real estate investment portfolio grows, performing such administrative work can quickly become a full-time job. If you’re like most real estate investors, it’s a job that you tend to ignore. By not taking the administrative activities as seriously as the income and maintenance of your investment properties your investment’s performance can be impacted greatly. Did you know, if you were audited and the IRS found incomplete, inaccurate, or missing financial records they would resolve the financial issues in their favor? That can add up to significant dollars lost in tax write-offs or worse yet, considerable dollars owed to the IRS.
As we said earlier, we want you to be successful! That’s why our property management services include the maintenance of complete and accurate accounting, administration of all transaction records of all transactions, and preservation of a full and organized set of records for each of your properties. Not only will you know each month how your property is performing and what transactions have occurred, at each year’s end you will also receive itemized income/expense information for each of your properties. All you will need to do is send our annual reports to your accountant.
Request our Property Management Services brochure to see how you can simplify the management of your rental properties portfolio.
