DISBURSEMENTS & STATEMENTS
When will I receive my rent payments?
During each month rent is collected from your tenants and deposited into our trust account. At mid month and the end of each month this money is disbursed into the owners specified accounts.
How do I know how much money I will receive?
Owners are sent a Statement by email or post this will itemise any monies received and expenses incurred. A copy of any invoices paid will also be sent with the statement for your records.
Who pays my outgoing expenses?
We can arrange payment of accounts such as: Council Land Rates & Water Rates, Repairs and maintenance, scheduled contractors (gardeners, pool contractors etc), Strata Levies, and Insurance etc. We will discuss this with you at the commencement of your agreement.
What other Statements will I receive?
We will issue you with a end of year Financial Statement that can be forwarded to your accountant for taxation purposes. If you require any copies of statements we are happy to arrange this as part of our service.