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Accounting Services

Our accounting services are supported on state-of-the-art computerized systems that allow us to optimize income and expense management. Our processes ensure that we collect what you are owed each month, groups payments into bank deposits, print deposit slips, and indicate when the money has been deposited in the bank. We also provide our property owners online access with up-to-date visibility in to the collection of their income.

 
Income Management
     
  Faster payment processing means accelerated collection of property income for our property owners.
     
  Automatic calculation and enforcement of late fees maximizes property income.
     
  Ability for owners to easily gauge the effectiveness of our collection.
     
  Standard tenant notices and statements to communicate with your tenants in a professional manner.
     
  On-demand reports are also available.
 
Rent Collection
     
  All rents are due on the 1st of the month and are late on the 5th.
     
  First notices are given on the 5th. Three day notices are posted on the 10th.
     
  Court cases are initiated against all delinquent residents on the 15th.
     
  We work directly with a specialized real estate attorney that handles evictions efficiently.
 
Expense Management
Controlling property expenses is one of our critical responsibilities. Our systems enable us to efficiently track bills, interactions with vendors, ensure bills get paid for the right amount on time, every time. All vendor information, bills, bill payments, conversation notes, and even scanned copies of documents are available in one secure, shared location. This results in:
     
  Controlled property expenses through appropriate visibility of historical bills.
     
  Elimination of costly errors resulting from paying vendors for duplicate bills.
     
  Avoidance of overdrawing property accounts by viewing portfolio income when paying bills.
     
  Proper use of operating reserves when paying bills.
 
Our itemized monthly and annual operating statements consolidate a variety of information for easy review as well as income tax preparation.
 
Monthly Disbursements
     
  We disburse funds once each month.
     
  Owners are mailed checks on the 15th of each month.
     
  Direct deposit is available to banks in the local area.
     
  Monthly statements are emailed or mailed to property owners at this time.
 
 
 
 
 
 
Property Management
 
 
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J. Ellis Apartment Locators, a Licensed Real Estate Broker, is an Equal Housing Opportunity rental service. Copyright 2009.