FEE-BASED MANAGEMENT COMPANIES

The Rent Manager Owner Management is designed for property management companies who manage someone else's properties for a fee.  This powerful addition to the Rent Manager software suite greatly simplifies property management and automates the calculation of management fees, owner draws and reporting.  This module can manage and calculate a wide array of fee structures, reserve accounts, expense limits and much more.  It greatly automates every step of the owner check printing and reporting process.

Property Management Companies can now easily calculate their fees based on a flat rate, percentage of the total income, or net income based on a rental unit or an entire property. With this module you can set minimum management fees or base the fee on percentages or whether the charges are received or applied to the customer.   In addition, Rent Manager Owner Management automates the creation of reports including profit and loss, balance sheet and check registers.  These reports can be batch printed or emailed based on pre-selected criteria for each individual owner. 

FEATURES AT A GLANCE:

	Track owners
	Property or Unit Ownership
	Tracks partial unit or property ownership
	Owner Overdraft Protection
	Keep notes on each owner
	Unlimited user defined fields per owner
	Use one or multiple bank accounts
	Setup and maintain a reserve account
	Multiple owners per property or rental unit
	Track contract dates
	Automatically calculate management fees
	Print all owner checks at one time
	Accounting is self contained and immediate.
	No batching or 3 rd party interfaces required.
	Specify and memorize reports for each owner
	Pre-define reporting options by owner
	Print or email all owner reports at one time
	Automatically generate a pass-thru for late fees and other items that compliment your management fees.
	One click batch reporting for all owners or an individual owner
	Bank overdraft protection to prevent overspending

FEE OPTIONS:

	Percentage of total income
	Percentage of net income
	Flat rate
	Per rental unit
	Percentage of selected G/L accounts
	Define different fee structures for each ownership

OTHER FEATURES:

	Set minimum and maximum fees
	Base G/L percentages on what's charged or received
	Calculate management fees for any date range
	Manage all fees and owners from one place in the system.
	Determine minimum bank account balance thresholds
	Can handle thousands of owners
	Unlimited tenants