With such a strong emphasis on the financial solvency of our own investments, we manage our clients' property financial processes with a meticulous approach. Through the use of Buildium property management platform, we provide clients with a 360 degree perspective on the top and bottom lines of their assets through in-depth analyses of cashflow.
financial reporting and analysis
Maintaining accurate records of financial transactions is crucial for any successful business. Through our expertise in Buildium property management software, we are able to provide you with the most accurate and up-to-date records of your company's finances. As part of our service, we will provide you with monthly financial reports that give you detailed insight into every transaction: payments and receivables, as well as budget comparison, arrears report, and outstanding payables due. Additional features of Buildium include:
- Online Rent Collection: Automate the monthly collection of rent payments and assess fees on late payments, so you don't have to keep track of ledgers
- Bill Pay: Aggregate all expenses including property taxes, utilities, insurance, mortgage, etc. and automate payments, so you don't have to worry about due dates on a monthly basis
- Comparative Financial Reporting: See the progression of your company's finances year over year, and easily understand the changes in budgeting to better understand and optimize performance
Sample of Financial Analysis Services
Pricing
Every property is unique, thus pricing varies based on location and condition of the building. On average, BIG Management charges 4-8% of gross rent for Rentals, and $100-200 per unit for Condos & Co-Ops.
For developers undergoing construction or renovation periods, we offer a graduated pricing structure so that you can phase our management services until your building is ready for tenants and begins generating cash flow.