By providing you with financial management service, J. Butler’s team can assure all rent is collected, all expenses carefully reviewed before payment, and a detailed report issued each month. Our intricate and proven systems will help you increase the value of your property in the long-term while also creating short-term profit.
Financial Management Can Include:
- Detailed monthly reports sent by our accounting department itemizing all activity on the property, along with a proceeds check. We will be available by phone or email if you have any questions or concerns about these reports.
- Accounts receivable with all rents collected on the first of the month and entered into our property management software.
- Accounts payable can be paid out of the gross collected rents if chosen and will be reflected on the monthly financial statement.
- Legal and eviction notices when necessary. In the event of late rent, a reminder will be sent out along with a property manager to collect. In rare and more severe cases, the Boston law firm Russo and Scholnick will carry out the eviction process and legal proceedings.
- Banking through Bank of America where we enjoy the perks associated with private business banking. All security deposits collected are kept in a segregated escrow management fund.
- Funds security accessed exclusively by bonded and licensed J. Butler Property Management personnel. The accounting firm Forman, Conklin & Farrer continually monitor our accounts to maintain the degree of safety and protection you deserve.