Search this site
Embedded Files
Owner Portal
  • Home
  • Self Service Tools
    • Online Portal Overview
    • Full Month Owner Statement
    • Best.RPM101.com
  • FAQ
    • Control Center
    • Handbook
    • Getting Started
      • How do I sign up for Management Services?
      • What is the best way to communicate with the RPM Team? Text / Email / Cal
      • What questions should I ask when I'm looking for a Property Manager for my
      • How can I share with you my preferences for managing the property?
      • What do I need to get started?
      • What is Owner Portal Two-Factor Authentication?
      • What condition does a property need to be in before RPM can take it on?
      • Can I leave items or other personal property on the premises?
      • What does RPM's management agreement look like?
      • What is RPM's Code of Ethics?
      • What are RPM's Service Standards?
      • How much does RPM Charge?
      • How do I use KeyMe to send RPM a virtual copy of my keys?
      • What areas does RPM serve?
      • Who pays the utility bills at my property?
      • How do I give RPM authority to manage my PG&E account?
      • Can RPM facilitate access to my property for deliveries/maintenance?
      • Do I need to register my owning entity in the state of California?
      • What is a portfolio review call?
      • What paperwork do I need to complete in order to transfer a Section 8 prope
      • Can RPM perform inspections on my tenanted property?
      • How does RPM handle On-Site Resident Managers?
        • Real Property Management: on-site manager compensation
      • How does RPM handle utilities at a multi-unit building?
      • How do I use the owner's dashboard?
      • How do I make an Owner Contribution?
      • As a new RPM customer, what are my responsibilities?
      • What is your policy regarding Property Owners communicating with Tenants?
      • Can RPM help with tasks that are outside normal scope of service?
      • What happens with my vacant unit after my kickoff call?
      • What are the insurance requirements?
      • What kind of licensing does RPM have?
      • What are the duties of a Fiduciary in Property Management?
      • What is the full list of services RPM provides?
      • Do I qualify for the RPM Rental Rewards program?
      • How does RPM handle lease expirations / renewals?
      • How do I send you the annual FTB withholding paperwork?
      • Map.RPM101.com
      • Why does RPM require landscaping / yard care services for all properties?
      • Can I attend showings & inspections?
      • Disclosures.RPM101.com
    • Guarantees
    • Specials
    • New Client Onboarding Experience
      • What is RPM's 100 Day "New Client" Experience?
    • Rent and Payments
      • Does RPM hold a balance on my account?
      • How do you handle invoices if they should charged to the Tenant?
      • What should I do if my tenant is not paying their water bills or has not tr
      • What's the difference between a 3 Day Notice, a 7 Day Notice, and a 30 Day
      • How can I pay down my balance with RPM?
      • Why are there court fees on my ledger?
      • When is rent deposited into my bank account?
      • What are the "transfer" line items in my ledger?
      • Why is there a utility charge on my Owner Statement that says "Tenant Charg
      • What do you do if rent is late?
      • How do late fees work?
      • What Tenant Admin Fees do Tenants pay directly to RPM?
      • Why haven't I received my transfer for this month's rent yet?
      • Why didn't I receive full rent this month if my tenant moved in last month?
      • What happens to my tenant's security deposit if I raise the rent?
      • When does RPM file for eviction?
      • How do evictions work?
      • What happens to the back rent my evicted tenant owes?
      • Does RPM send out Form 1099?
      • Why does the 1099 not match with total from the Owner Statement reports?
      • Where do I put mileage on my Schedule Form 1040?
      • As an Individual Property Owner or an LLC or other entity that owns the Ren
      • Why did a payment fail?
      • How do Section 8 payments work with RPM?
      • How do I request that RPM increase the rent?
      • What does "Full Month Owner Statement Cycle" mean?
      • Why do utilities need to be in my name as the Owner?
    • Maintenance
      • What happens when my property has a maintenance issue?
      • What is RPM's policy regarding emergency maintenance?
      • What does "Maintenance Limit $500.00" on the Work Order mean?
      • Does RPM conduct scheduled property drive-bys?
      • How can I sign up for recurring Property Condition Reviews?
      • Why do you recommend regular preventative maintenance?
      • When should I replace or repair a home feature?
      • What should I do if my property receives a warning or ticket?
      • What should I do if water is off or not in my name at my vacant property?
      • Does RPM winterize my vacant property?
      • What should I do if gas and/or electricity are off or not in my name at my
      • Do I have to take care of all repairs at my property?
      • What is the RPM Property Turnover process?
      • What are common turnover repairs at RPM properties?
      • What are the consequences of not doing certain repairs?
      • How do bids and invoices work?
      • Do you mark up invoices from vendors?
      • What is the Maintenance Coordination Fee (MCF)?
      • What are the current In-House maintenance rates?
      • How does RPM communicate maintenance policies to tenants?
      • How does RPM handle reports of suspected mold?
      • How does RPM handle pests / rodent issues?
      • How does RPM handle units that are occupied but become uninhabitable?
      • What is RPM's policy regarding property owners conducting their own repairs
      • Can I ban satellite dishes from being installed?
      • What are some of the California Civil Code that need to be followed?
      • What is the difference between a capital improvement and maintenance?
      • What are Tenant's RightS to Withhold Rent - "Repair or Deduct"?
      • What type of renovations / upgrades does RPM recommend to improve my proper
      • What happens once an RPM Team Member receives keys / possession of a unit?
      • What happens if my property gets graffitied?
      • Is there a law requiring deadbolts?
      • What are the top 10 must-do maintenance tasks to reduce property issues?
    • Tenant Placement
      • How much will my property rent for?
      • Do you charge anything to place a tenant?
      • How long does it take to find a tenant?
      • What criteria do you use to screen tenants?
      • Can I be involved in tenant selection?
      • Why do utilities need to be on at my vacant unit?
      • Does RPM market units while a tenant is still living there?
      • How can I reduce the risk of a break-in while my property is vacant?
      • When is my property ready to be listed and marketed?
      • Why is month to month the preferred term for all tenancies and upon lease e
      • What information is in a lease agreement?
      • Is there a non-smoking policy inside the house?
      • Why doesn't the lease last for an entire year?
      • Where can I access RPM's standard lease agreement?
      • What is RPM's pet policy?
      • Where do listings for my property appear?
      • Do I have to provide a lease?
      • How does the application process work for tenants?
      • Why isn't my vacant property renting?
      • Does RPM work with Section 8?
      • Why can’t I get a copy of my Tenant’s credit report?
      • What is a codebox and how does it work?
    • Move Outs
      • What is the move out process?
      • Should the locks be replaced or rekeyed?
      • How can I notify you that I would like to not renew a lease or to terminate
      • What are these turnover expenses and how do I get reimbursed from the secur
      • What happens if the Tenant moves out before their lease expires? (Lease Bre
      • What are the typical life expectancy ranges for materials and components?
    • Compliance
      • Can I, as the Property Owner, be held liable for the criminal acts of other
      • What is RPM's liability in relation to the Management of the property?
    • Accounts
      • What kinds of bank accounts can I link in my portal?
      • What are your cyber security / data security policies?
    • Transfer Management
      • What are all the professional property management companies in Humboldt Cou
      • I'd like to transfer management to RPM from a different Property Manager, h
      • Why choose RPM?
    • Leasing Only Service
      • How does your "Quality Tenant Placement" Leasing Only Service work?
      • How can I share with you my preferences for you leasing the property?
      • How do I sign up for Leasing Only Services?
      • What are your fees for Leasing Only Services?
    • Eviction Only Services
      • How do I sign up for your Eviction Only Service?
    • Broker Compliance
      • Property Management and Landlord/Tenant Law FAQ
      • AB 1482 (“TENANT PROTECTION ACT OF 2019″) FAQ
    • Emergency
      • Natural Disasters: What Are Your Responsibilities as a Landlord?
      • How is RPM responding to Coronavirus (COVID-19)?
        • COVID-19 Updates
        • COVID-19 Resources
        • COVID-19 Resources
        • COVID-19 Cleaning Guidelines
        • COVID-19 Financial Relief
          • COVID-19 Rent
        • COVID-19 Terms
    • Earthquake Preparedness
  • What are the basics of Property Management?
  • Contact Support
  • Communication
  • Log In
Owner Portal
  • Home
  • Self Service Tools
    • Online Portal Overview
    • Full Month Owner Statement
    • Best.RPM101.com
  • FAQ
    • Control Center
    • Handbook
    • Getting Started
      • How do I sign up for Management Services?
      • What is the best way to communicate with the RPM Team? Text / Email / Cal
      • What questions should I ask when I'm looking for a Property Manager for my
      • How can I share with you my preferences for managing the property?
      • What do I need to get started?
      • What is Owner Portal Two-Factor Authentication?
      • What condition does a property need to be in before RPM can take it on?
      • Can I leave items or other personal property on the premises?
      • What does RPM's management agreement look like?
      • What is RPM's Code of Ethics?
      • What are RPM's Service Standards?
      • How much does RPM Charge?
      • How do I use KeyMe to send RPM a virtual copy of my keys?
      • What areas does RPM serve?
      • Who pays the utility bills at my property?
      • How do I give RPM authority to manage my PG&E account?
      • Can RPM facilitate access to my property for deliveries/maintenance?
      • Do I need to register my owning entity in the state of California?
      • What is a portfolio review call?
      • What paperwork do I need to complete in order to transfer a Section 8 prope
      • Can RPM perform inspections on my tenanted property?
      • How does RPM handle On-Site Resident Managers?
        • Real Property Management: on-site manager compensation
      • How does RPM handle utilities at a multi-unit building?
      • How do I use the owner's dashboard?
      • How do I make an Owner Contribution?
      • As a new RPM customer, what are my responsibilities?
      • What is your policy regarding Property Owners communicating with Tenants?
      • Can RPM help with tasks that are outside normal scope of service?
      • What happens with my vacant unit after my kickoff call?
      • What are the insurance requirements?
      • What kind of licensing does RPM have?
      • What are the duties of a Fiduciary in Property Management?
      • What is the full list of services RPM provides?
      • Do I qualify for the RPM Rental Rewards program?
      • How does RPM handle lease expirations / renewals?
      • How do I send you the annual FTB withholding paperwork?
      • Map.RPM101.com
      • Why does RPM require landscaping / yard care services for all properties?
      • Can I attend showings & inspections?
      • Disclosures.RPM101.com
    • Guarantees
    • Specials
    • New Client Onboarding Experience
      • What is RPM's 100 Day "New Client" Experience?
    • Rent and Payments
      • Does RPM hold a balance on my account?
      • How do you handle invoices if they should charged to the Tenant?
      • What should I do if my tenant is not paying their water bills or has not tr
      • What's the difference between a 3 Day Notice, a 7 Day Notice, and a 30 Day
      • How can I pay down my balance with RPM?
      • Why are there court fees on my ledger?
      • When is rent deposited into my bank account?
      • What are the "transfer" line items in my ledger?
      • Why is there a utility charge on my Owner Statement that says "Tenant Charg
      • What do you do if rent is late?
      • How do late fees work?
      • What Tenant Admin Fees do Tenants pay directly to RPM?
      • Why haven't I received my transfer for this month's rent yet?
      • Why didn't I receive full rent this month if my tenant moved in last month?
      • What happens to my tenant's security deposit if I raise the rent?
      • When does RPM file for eviction?
      • How do evictions work?
      • What happens to the back rent my evicted tenant owes?
      • Does RPM send out Form 1099?
      • Why does the 1099 not match with total from the Owner Statement reports?
      • Where do I put mileage on my Schedule Form 1040?
      • As an Individual Property Owner or an LLC or other entity that owns the Ren
      • Why did a payment fail?
      • How do Section 8 payments work with RPM?
      • How do I request that RPM increase the rent?
      • What does "Full Month Owner Statement Cycle" mean?
      • Why do utilities need to be in my name as the Owner?
    • Maintenance
      • What happens when my property has a maintenance issue?
      • What is RPM's policy regarding emergency maintenance?
      • What does "Maintenance Limit $500.00" on the Work Order mean?
      • Does RPM conduct scheduled property drive-bys?
      • How can I sign up for recurring Property Condition Reviews?
      • Why do you recommend regular preventative maintenance?
      • When should I replace or repair a home feature?
      • What should I do if my property receives a warning or ticket?
      • What should I do if water is off or not in my name at my vacant property?
      • Does RPM winterize my vacant property?
      • What should I do if gas and/or electricity are off or not in my name at my
      • Do I have to take care of all repairs at my property?
      • What is the RPM Property Turnover process?
      • What are common turnover repairs at RPM properties?
      • What are the consequences of not doing certain repairs?
      • How do bids and invoices work?
      • Do you mark up invoices from vendors?
      • What is the Maintenance Coordination Fee (MCF)?
      • What are the current In-House maintenance rates?
      • How does RPM communicate maintenance policies to tenants?
      • How does RPM handle reports of suspected mold?
      • How does RPM handle pests / rodent issues?
      • How does RPM handle units that are occupied but become uninhabitable?
      • What is RPM's policy regarding property owners conducting their own repairs
      • Can I ban satellite dishes from being installed?
      • What are some of the California Civil Code that need to be followed?
      • What is the difference between a capital improvement and maintenance?
      • What are Tenant's RightS to Withhold Rent - "Repair or Deduct"?
      • What type of renovations / upgrades does RPM recommend to improve my proper
      • What happens once an RPM Team Member receives keys / possession of a unit?
      • What happens if my property gets graffitied?
      • Is there a law requiring deadbolts?
      • What are the top 10 must-do maintenance tasks to reduce property issues?
    • Tenant Placement
      • How much will my property rent for?
      • Do you charge anything to place a tenant?
      • How long does it take to find a tenant?
      • What criteria do you use to screen tenants?
      • Can I be involved in tenant selection?
      • Why do utilities need to be on at my vacant unit?
      • Does RPM market units while a tenant is still living there?
      • How can I reduce the risk of a break-in while my property is vacant?
      • When is my property ready to be listed and marketed?
      • Why is month to month the preferred term for all tenancies and upon lease e
      • What information is in a lease agreement?
      • Is there a non-smoking policy inside the house?
      • Why doesn't the lease last for an entire year?
      • Where can I access RPM's standard lease agreement?
      • What is RPM's pet policy?
      • Where do listings for my property appear?
      • Do I have to provide a lease?
      • How does the application process work for tenants?
      • Why isn't my vacant property renting?
      • Does RPM work with Section 8?
      • Why can’t I get a copy of my Tenant’s credit report?
      • What is a codebox and how does it work?
    • Move Outs
      • What is the move out process?
      • Should the locks be replaced or rekeyed?
      • How can I notify you that I would like to not renew a lease or to terminate
      • What are these turnover expenses and how do I get reimbursed from the secur
      • What happens if the Tenant moves out before their lease expires? (Lease Bre
      • What are the typical life expectancy ranges for materials and components?
    • Compliance
      • Can I, as the Property Owner, be held liable for the criminal acts of other
      • What is RPM's liability in relation to the Management of the property?
    • Accounts
      • What kinds of bank accounts can I link in my portal?
      • What are your cyber security / data security policies?
    • Transfer Management
      • What are all the professional property management companies in Humboldt Cou
      • I'd like to transfer management to RPM from a different Property Manager, h
      • Why choose RPM?
    • Leasing Only Service
      • How does your "Quality Tenant Placement" Leasing Only Service work?
      • How can I share with you my preferences for you leasing the property?
      • How do I sign up for Leasing Only Services?
      • What are your fees for Leasing Only Services?
    • Eviction Only Services
      • How do I sign up for your Eviction Only Service?
    • Broker Compliance
      • Property Management and Landlord/Tenant Law FAQ
      • AB 1482 (“TENANT PROTECTION ACT OF 2019″) FAQ
    • Emergency
      • Natural Disasters: What Are Your Responsibilities as a Landlord?
      • How is RPM responding to Coronavirus (COVID-19)?
        • COVID-19 Updates
        • COVID-19 Resources
        • COVID-19 Resources
        • COVID-19 Cleaning Guidelines
        • COVID-19 Financial Relief
          • COVID-19 Rent
        • COVID-19 Terms
    • Earthquake Preparedness
  • What are the basics of Property Management?
  • Contact Support
  • Communication
  • Log In
  • More
    • Home
    • Self Service Tools
      • Online Portal Overview
      • Full Month Owner Statement
      • Best.RPM101.com
    • FAQ
      • Control Center
      • Handbook
      • Getting Started
        • How do I sign up for Management Services?
        • What is the best way to communicate with the RPM Team? Text / Email / Cal
        • What questions should I ask when I'm looking for a Property Manager for my
        • How can I share with you my preferences for managing the property?
        • What do I need to get started?
        • What is Owner Portal Two-Factor Authentication?
        • What condition does a property need to be in before RPM can take it on?
        • Can I leave items or other personal property on the premises?
        • What does RPM's management agreement look like?
        • What is RPM's Code of Ethics?
        • What are RPM's Service Standards?
        • How much does RPM Charge?
        • How do I use KeyMe to send RPM a virtual copy of my keys?
        • What areas does RPM serve?
        • Who pays the utility bills at my property?
        • How do I give RPM authority to manage my PG&E account?
        • Can RPM facilitate access to my property for deliveries/maintenance?
        • Do I need to register my owning entity in the state of California?
        • What is a portfolio review call?
        • What paperwork do I need to complete in order to transfer a Section 8 prope
        • Can RPM perform inspections on my tenanted property?
        • How does RPM handle On-Site Resident Managers?
          • Real Property Management: on-site manager compensation
        • How does RPM handle utilities at a multi-unit building?
        • How do I use the owner's dashboard?
        • How do I make an Owner Contribution?
        • As a new RPM customer, what are my responsibilities?
        • What is your policy regarding Property Owners communicating with Tenants?
        • Can RPM help with tasks that are outside normal scope of service?
        • What happens with my vacant unit after my kickoff call?
        • What are the insurance requirements?
        • What kind of licensing does RPM have?
        • What are the duties of a Fiduciary in Property Management?
        • What is the full list of services RPM provides?
        • Do I qualify for the RPM Rental Rewards program?
        • How does RPM handle lease expirations / renewals?
        • How do I send you the annual FTB withholding paperwork?
        • Map.RPM101.com
        • Why does RPM require landscaping / yard care services for all properties?
        • Can I attend showings & inspections?
        • Disclosures.RPM101.com
      • Guarantees
      • Specials
      • New Client Onboarding Experience
        • What is RPM's 100 Day "New Client" Experience?
      • Rent and Payments
        • Does RPM hold a balance on my account?
        • How do you handle invoices if they should charged to the Tenant?
        • What should I do if my tenant is not paying their water bills or has not tr
        • What's the difference between a 3 Day Notice, a 7 Day Notice, and a 30 Day
        • How can I pay down my balance with RPM?
        • Why are there court fees on my ledger?
        • When is rent deposited into my bank account?
        • What are the "transfer" line items in my ledger?
        • Why is there a utility charge on my Owner Statement that says "Tenant Charg
        • What do you do if rent is late?
        • How do late fees work?
        • What Tenant Admin Fees do Tenants pay directly to RPM?
        • Why haven't I received my transfer for this month's rent yet?
        • Why didn't I receive full rent this month if my tenant moved in last month?
        • What happens to my tenant's security deposit if I raise the rent?
        • When does RPM file for eviction?
        • How do evictions work?
        • What happens to the back rent my evicted tenant owes?
        • Does RPM send out Form 1099?
        • Why does the 1099 not match with total from the Owner Statement reports?
        • Where do I put mileage on my Schedule Form 1040?
        • As an Individual Property Owner or an LLC or other entity that owns the Ren
        • Why did a payment fail?
        • How do Section 8 payments work with RPM?
        • How do I request that RPM increase the rent?
        • What does "Full Month Owner Statement Cycle" mean?
        • Why do utilities need to be in my name as the Owner?
      • Maintenance
        • What happens when my property has a maintenance issue?
        • What is RPM's policy regarding emergency maintenance?
        • What does "Maintenance Limit $500.00" on the Work Order mean?
        • Does RPM conduct scheduled property drive-bys?
        • How can I sign up for recurring Property Condition Reviews?
        • Why do you recommend regular preventative maintenance?
        • When should I replace or repair a home feature?
        • What should I do if my property receives a warning or ticket?
        • What should I do if water is off or not in my name at my vacant property?
        • Does RPM winterize my vacant property?
        • What should I do if gas and/or electricity are off or not in my name at my
        • Do I have to take care of all repairs at my property?
        • What is the RPM Property Turnover process?
        • What are common turnover repairs at RPM properties?
        • What are the consequences of not doing certain repairs?
        • How do bids and invoices work?
        • Do you mark up invoices from vendors?
        • What is the Maintenance Coordination Fee (MCF)?
        • What are the current In-House maintenance rates?
        • How does RPM communicate maintenance policies to tenants?
        • How does RPM handle reports of suspected mold?
        • How does RPM handle pests / rodent issues?
        • How does RPM handle units that are occupied but become uninhabitable?
        • What is RPM's policy regarding property owners conducting their own repairs
        • Can I ban satellite dishes from being installed?
        • What are some of the California Civil Code that need to be followed?
        • What is the difference between a capital improvement and maintenance?
        • What are Tenant's RightS to Withhold Rent - "Repair or Deduct"?
        • What type of renovations / upgrades does RPM recommend to improve my proper
        • What happens once an RPM Team Member receives keys / possession of a unit?
        • What happens if my property gets graffitied?
        • Is there a law requiring deadbolts?
        • What are the top 10 must-do maintenance tasks to reduce property issues?
      • Tenant Placement
        • How much will my property rent for?
        • Do you charge anything to place a tenant?
        • How long does it take to find a tenant?
        • What criteria do you use to screen tenants?
        • Can I be involved in tenant selection?
        • Why do utilities need to be on at my vacant unit?
        • Does RPM market units while a tenant is still living there?
        • How can I reduce the risk of a break-in while my property is vacant?
        • When is my property ready to be listed and marketed?
        • Why is month to month the preferred term for all tenancies and upon lease e
        • What information is in a lease agreement?
        • Is there a non-smoking policy inside the house?
        • Why doesn't the lease last for an entire year?
        • Where can I access RPM's standard lease agreement?
        • What is RPM's pet policy?
        • Where do listings for my property appear?
        • Do I have to provide a lease?
        • How does the application process work for tenants?
        • Why isn't my vacant property renting?
        • Does RPM work with Section 8?
        • Why can’t I get a copy of my Tenant’s credit report?
        • What is a codebox and how does it work?
      • Move Outs
        • What is the move out process?
        • Should the locks be replaced or rekeyed?
        • How can I notify you that I would like to not renew a lease or to terminate
        • What are these turnover expenses and how do I get reimbursed from the secur
        • What happens if the Tenant moves out before their lease expires? (Lease Bre
        • What are the typical life expectancy ranges for materials and components?
      • Compliance
        • Can I, as the Property Owner, be held liable for the criminal acts of other
        • What is RPM's liability in relation to the Management of the property?
      • Accounts
        • What kinds of bank accounts can I link in my portal?
        • What are your cyber security / data security policies?
      • Transfer Management
        • What are all the professional property management companies in Humboldt Cou
        • I'd like to transfer management to RPM from a different Property Manager, h
        • Why choose RPM?
      • Leasing Only Service
        • How does your "Quality Tenant Placement" Leasing Only Service work?
        • How can I share with you my preferences for you leasing the property?
        • How do I sign up for Leasing Only Services?
        • What are your fees for Leasing Only Services?
      • Eviction Only Services
        • How do I sign up for your Eviction Only Service?
      • Broker Compliance
        • Property Management and Landlord/Tenant Law FAQ
        • AB 1482 (“TENANT PROTECTION ACT OF 2019″) FAQ
      • Emergency
        • Natural Disasters: What Are Your Responsibilities as a Landlord?
        • How is RPM responding to Coronavirus (COVID-19)?
          • COVID-19 Updates
          • COVID-19 Resources
          • COVID-19 Resources
          • COVID-19 Cleaning Guidelines
          • COVID-19 Financial Relief
            • COVID-19 Rent
          • COVID-19 Terms
      • Earthquake Preparedness
    • What are the basics of Property Management?
    • Contact Support
    • Communication
    • Log In

Owner StatementS Explainer

Owner Portal Overview

StatementsExplainer.RPM101.com (Google Document)

Owner Statement

PROPERTY RESERVES: The Property Reserve is how much money you are required to keep as a reserve for maintenance or other unexpected expenses.  NOTE: Your Property Reserves will not reflect the amount of Security Deposits held in Trust for the Tenants.

CASH FLOW STATEMENT

PROPERTY & PASSTHRU STATEMENT

DEFINITIONS:

  • Application Fee: An application fee is an amount of money paid by prospective tenants to Rentor so that Rentor can determine eligibility to rent. There is currently a $42 Rental Application Fee.  See FAQ: WHAT DOES THE $42 APPLICATION FEE / BACKGROUND SCREENING FEE COVER?

  • Cash Flow: The term cash flow refers to the net amount of cash being transferred in and out of a property.  The cash flow statement paints a picture as to how a property is performing financially.

  • Discount: Rentor does not mark up invoices, but certain vendors have discount agreements where Rentor retains a discounted portion of the total invoice. Our software automatically conducts all the accounting by splitting the invoiced amounts into two payments: One for the Vendor and one for Rentor that, in total, equals the Vendor Invoice amount so that there is no mark up to the Owner.  - See FAQ "Do you mark up invoices from vendors?"

  • Late fee - Variable - Rent collection administrative fee (Variable paid by Tenant and retained by Rentor)

  • Notice posting fee - In some instances, a $75 Preparation and Posting Fee based on non-compliance by the Tenant may be charged.

  • Passthru (Pass Through): A "passthru" transaction involves an amount related to a Tenant, Vendor, or other party that is retained by Rentor. 

  • Pet admin fee  - The $25/month per pet fee for additional management related work. A pet-occupied property often results in more work, closer inspections, and occasional complaints from neighboring properties. 

  • Resident Benefits Package (RBP) - The $25/month fee ($5 per additional financially responsible party) is to cover the tenant credit building program, resident rewards program, and other resident benefits as found in the ResidentBenefitsPackage.RPM101.com.

  • Returned check fee (NSF fee) - $25 per transaction (plus any specific banking related fees / chargebacks.)

  • Tenant Liability Insurance Admin Fee - This $3/month fee covers the administration of the Tenant Liability Insurance program (if Resident does not provide their own insurance coverage.)

  • Utility admin fee - $25 charge to the Tenant for extra administrative activities if Tenants do not transfer utilities into their name as required by the Rental Agreement.

FULL MONTH OWNER STATEMENT & OWNER DRAW SCHEDULE

Owner Statement Cycle - You will receive your Owner Statements on or around the last day of each month if you receive your statements via email. If you receive a printed statement, it will be mailed to you on or around the 1st business day of the month. 

Owner Draw Cycle - Owner Draws for each month will be sent on or around the last business day of that month. Your Owner Statement will show the Owner Draw as "Cash Out" on the last business day of the month. If you receive your Owner Draw through ACH Direct Deposit, your draw should hit your bank account by the 2nd or 3rd business day of each month.  

For example, this means that your January Owner Draw will be received on the 2nd or 3rd business day of February. If you receive your Owner Draw via check in the mail, the check will be received separately from your Owner Statements on or around the 7th business day of the month, or sooner. 

Benefits To You

  • Easier to read Full Month Owner Statements do not overlap months.

  • Owner Draw, if sent via ACH, will hit your bank account on the 2nd or 3rd business day of each month. 

  • Owner Draws will be sent on the last business day of each month which will reduce the likelihood of issues with bounced checks from tenants or funds not being available for maintenance during the month. 

  • You can go to Owner.RPM101.com to login and view all your past Owner Statements on your Owner Portal.

Legacy Brochure

www.Rentor.com

Support@Rentor.com

707.444.3835

ID #01527620 

Report abuse
Report abuse