Financial Reporting

Financial reporting that is accurate and timely is of vital importance to any business, especially when it concerns income properties. In line with our industry’s custom, the accounting department of RLM is responsible for the documentation of all property income and expenses and is charged with the reporting of such to our clients each month. Financial reports are usually prepared early in the month and are normally mailed to the property owner by mid-month if not sooner. RLM uses nationally accepted property management software to accomplish all of our reporting. Each entry is reviewed for accuracy by our accounting staff and a property team member during and after preparation to insure accuracy and compliance with the property owner's plans and standards.

Banking Institutions

Banking services are typically utilized from a suitably located bank that is federally insured. The regular deposit of funds is assured daily by our Accounting Department and our clients are normally paid by company check. Also, RLM customarily provides funds for clients overseas by direct deposit or via wire transfer if necessary. Upon request, RLM can forward tenant checks directly to you or your bank. All property accounts are reviewed regularly by our CPA and are maintained in strict compliance with standard accounting protocols. You can rely on RLM to satisfy even the most demanding accountant!