Bookkeeping and Leasing
Redside provides customized reporting that meets owner’s needs.
The accounting software and reporting mechanisms used for property management today are all mature enough to provide reams of data. In addition to operating statements, budget comparisons, and bank statements we provide monthly customized reports, which suit your needs. And we’re happy to provide this in an electronic format or through the mail.
In addition, we provide a number of other bookkeeping services. We can set-up monthly automatic disbursements directly into owner’s bank accounts. We can establish a reserve account for tax and insurance payments, and Redside also directly handles payroll for on-site employees, saving the time and costs associated with outsourced payroll services.
Every person at Redside is involved in some way with bookkeeping, helping to insure the proper set of checks and balances are established—we take a great deal of pride in making sure these monthly reports come out timely and are accurate.
Leasing
Leasing is arguably the most important component of property management.
When an apartment turns over, we plan efficiently. If the apartment doesn’t require any work we show it before the tenant moves. If it needs paint or more work we plan efficiently and get painters in as quickly as possible.
Most of our marketing to prospective tenants is through the Internet. We differentiate our “product” from other management companies with consistent updates and great pictures. Refreshing ads and getting great “stock” apartment pictures isn’t difficult—it just takes a little more effort. We encourage you to go to Craig’s List and search “Redside Partners” to see for yourself.
Our leasing success shows in our vacancy rate—it’s about 1/5 the average for in-city apartments.