A useful owner package includes rent collected, delinquency, income and expenses, cash balance, unpaid bills, work orders, vacancy, leasing activity, lease expirations, deposits, and material tenant communication. Separate routine operations from exceptions and provide early notice of major repairs, insurance issues, compliance matters, tenant defaults, capital needs, and market changes. Maintain a forward calendar for renewals, inspections, tax, insurance, vendor agreements, rent adjustments, and planned projects.
Property Management
What California property owners should expect from management reporting
Reporting should explain what happened, why it happened, and what decision is required next.

Apply the insight
