Full Service Package

Package Includes:

Tenant Selection

Bookkeeping & Record
Management

Property Inspections

Maintenance & Repairs

Contact a Service Representative

(510) 569-0722 x 100
9AM-5PM PST

Bookkeeping and Record Management

SLPM uses best practices and procedures for our operations to ensure adherence to State and Federal regulations.

We collect all rents and other moneys due you and pay all bills associated with the property.

Owners are sent an easy to understand cash flow record and transaction summary each month, which itemize all income and expenses, with month to date and year to date totals as well as a beginning and ending cash balance. We also enclose copies of all invoices and correspondence. There are many additional reports available (i.e., rent roll, general ledger, etc.) and should the need arise, we will furnish them upon request.

Our year end cash flow report is normally adequate for your accountant or yourself to prepare your income tax statements. Information provided to us by your lender is forwarded to you for interest, tax and insurance data when these items are paid in your mortgage, otherwise our report defines all of these expenses. This, of course, assumes that we are making all of the financial disbursements on the property.

When we pay the taxes and insurance as separate items we budget in advance so that when they are due the funds are on hand.

Owners with a positive cash flow have excess proceeds remitted to them on the 10th and 15th of each month.

Owners with a negative cash flow, will send us the required amount monthly, quarterly, or annually, depending upon your wishes and circumstances.