Accounting and Financial Services for Property Management
There is no substitute for raising the value of your property. As these values increase, so does the ability to access equity for other purposes.
We offer a full range of property management financial services to help you assess and increase the value of your real estate.
We have a well-tested system of financial reporting. Our reports are thorough and clear. This is to maintain transparency and to give our clients clarity about their properties’ financial health.
We have a full-time staff of accounting experts to handle all your property’s financial needs and answer any questions that you may have.
The Extra:
What makes us different? We help to increase your cash flow because we are analytical. We walk your property and interact with its residents and staff. We get to know your building so that we can find ways to lower its expenses. The small things in the management of a property make a big difference to its value over time. Our accounting staff works with our property managers to maximize budgets and ensure financial health.
We have a holistic approach to cutting costs. Can we get your building to be even more efficient? Are all thermostats set correctly? Is the roof providing enough insulation? Could installing motion sensors help to lower the electric bill? Can we have building staff repair basics so that we can keep the contractor costs down? Maybe your vendors are charging you way too much. We have the experience to help you figure it all out.
When we apply scale to our many contracts, we can negotiate lower costs. We have managed properties for over 25 years. Our long term relationships mean low costs and big gains for you. You can be sure that we will get you the best possible rates for your property. Let us be your ally, and our experience your asset. Call us today. Let’s talk about what we can do for you. 718.222.9840
Standard Property Management Financial Services:
- Process payables and receivables.
- Collections.
- Monthly reports.
- Annual budgets and semi-annual reviews.
- Craft capital improvement budgets.
- Annual Rent registrations with the R.S.A. and D.H.C.R.
- Custom Master Insurance Policies.
- Tax Returns: We coordinate, prepare, and file Federal, State, and City tax returns.
- We work with tax specialists to provide J-51 Tax abatements where possible.
We are a tech savvy property management firm with tools that enable us to:
- Process both paper and online bill payments.
- Maintain in-depth portfolio and tenant data.
- Provide clients with monthly management reports.
- Run credit and background checks on all potential tenants.
- Digitize all of our files for ease of access and safe keeping.
- For the co-op and condo Boards that request them, we provide email newsletters, memos, and more.