A detailed annual budget is prepared by Denton Floyd and approved by our Partners.
We schedule weekly or monthly telephonic or in-person meetings with our Partners regarding the operating results of each managed asset.
We prepare and send out monthly reporting packages to our Partners using our Yardi software that includes an income statement versus budget, rent roll, delinquencies, etc. Additionally, we prepare quarterly financial statements that also include an MD&A section regarding current trends and operating results.
We give our Partners 24/7 access to our Yardi software (cloud based) in order for them to have real time updates on the operating results of their assets. We assist in training our Partners as to how to run and read all types of Yardi reports.