Small Property Financial Management

Small Property Financial Management

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.