Lean Property Management

As properties experience record high transitions in ownership, we understand how property managers are plagued with rental management collections, deficit spending and even threats of insolvency. A critical member of your property manager team is your property management company accountant. With the right partner, property management companies can be assured of timely budgets and reporting for routine property management as well as contingency planning.

Planning for Efficient Property Services

As the economy takes its toll on insufficient rental management revenue for property management companies to operate their communities, over extended property managers are continually challenged with budget shortfalls and declining ownership association fees. Key to survival and new growth is the support of a property management company accountant that actively participates in board decision making. Too often, boards of directors are hard pressed to make last minute adjustments to their association fees, special assessments and new lines of credit later deemed as unnecessary. As your property management company accountant, RE-MMAP helps property managers formulate a realistic budget that accounts for reserves, security, maintenance, rental management and other property services often using their existing property management software. Let our property management company accountants help you make these tradeoffs by preparing short-term and long-term budgets that account for contingencies as well as declines in rental management fees and other forecasted shortfalls. As you recover, our team will work with your property management software and help simplify your property management company accounting functions so you can focus on pressing property services issues within your community.

Timely Audit Reports for Property Management Companies

 For those property management companies engaged in community property decisions, you may find yourself overwhelmed in rental management budgeting and accounting issues exacerbated by ownership transitions, unexpected property damage and changes in codes. At RE-MMAP, our accountants help property management companies prepare their records for timely reporting to the state and boards of directors. 

More than Just Rental Management Reporting

As experienced CPAs, RE-MMAP is prepared to develop your long-term budgets for property managers. We play an integral role in planning the future growth of property management companies. Our background in real estate accounting, rental management and property management software will help you optimize you cash flow with adequate reserves to protect your future.