Your property is an investment, and knowing how well that investment is performing for you is the key to getting the most return. Having consistent documentation of the financial and maintenance aspects of your rental is crucial for maximizing profits, filing taxes properly, and keeping up with the care of your property.
While keeping up with these administrative functions of owning property is necessary, it can be an added hassle on top of an already busy schedule. That’s why we provide reporting and statements for you. From inspections, income, and expenses, you’ll receive regular insights into the ROI of your investment property as well as records of every transaction. These documents also come in handy during tax time, when they can help you get the most of your deductions.
Reporting and Statements We Provide
The types of documentation we prepare include:
- Annual Financial Cash-Flow Reporting – We show your rental’s overall financial performance throughout the entire year.
- Disbursement of Funds – See that your monthly income comes in on time, every time.
- Move In & Out Reporting – Inspection reports ensure that tenants keep your property in top condition.
- Monthly Owner Statements – A regular snapshot of your property’s performance.
With these statements, you’ll get a full view of how your investment is doing and the data you need in order to spot opportunities to increase return.
Ready to Learn More?
LEAP Property Management is experienced in maintaining all of the records needed to analyze performance, track profits, and ensure the care of your property. Give us a call at 888-657-3033 or fill out a form online to find out more about our documentation services.