An Owner Statement is a comprehensive financial record delivered monthly, detailing all financial activities concerning your rental property. To access your personalized Owner Statement, please input your phone number below.
What is included in owners statement?
Profit & Loss
The Owner Statement shows your rental property's financial health. It tracks income, including rent and extra fees, and expenses such as repairs and taxes. This record helps calculate net income, offering an essential snapshot of your property's financial status.
Repairs & Maintenance
Includes an account of all repairs and maintenance, detailing the work done, completion dates, and costs. This data aids in property upkeep, budgeting for future work, and claiming relevant tax deductions.
Their lease terms, rent, and payments - as well as updates on vacant properties, including marketing efforts and upkeep costs. This data is key to understanding and improving your property's rental performance.
Details of delinquent tenants, including overdue rent amounts and the steps taken towards resolution. This helps you stay informed about payment issues and enforce lease agreements effectively.
Frequently Asked Questions
If you haven't yet set up direct deposit, we encourage you to do so. In the meantime, we will mail checks to your address on file, which may take additional time to reach you.
If you've opted for email delivery, please make sure to check your spam or junk mail folder if you haven't received it by the 15th. For those who prefer paper statements, these are mailed out on the 15th and delivery time will depend on the postal service.
You can also submit your questions through our online owner portal. We aim to respond to all inquiries within one business day. For a broader discussion about your property's financial performance, we recommend scheduling a meeting with your property manager.