Financial Management

Streamlined Rent Collection

RentSetGo’s financial management services begin with efficient rent collection. Our streamlined process ensures that rent is collected promptly each month and deposited directly into the landlord’s account. This reliable system minimizes delays and ensures consistent cash flow for your investment.

Comprehensive Bill Handling

Beyond rent collection, we handle all associated financial responsibilities for your property based on our service contracts. This may include paying bills such as utilities, taxes, and insurance premiums on behalf of the landlord. Our team ensures that all payments are made timely and accurately, relieving landlords of these routine but crucial tasks.

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Tax and Insurance Management

Navigating the complexities of property tax and insurance can be challenging. We assist in managing these aspects, ensuring that your property is compliant with tax regulations and adequately insured. Our expertise in these areas allows landlords to avoid potential pitfalls and financial liabilities.

Detailed Financial Reporting

A key component of our financial management service is the provision of detailed financial reports. These reports offer a comprehensive overview of your property’s financial performance, including income received, expenses incurred, and net profitability. Our reporting is designed to be clear and informative, enabling landlords to make well-informed decisions about their investments.

Investment Monitoring

We understand the importance of closely monitoring the performance of your investment. Our financial reports and management services are geared towards providing landlords with the insights needed to assess the health of their investment and make strategic decisions for future growth. Our landlord can access the Landlord Portal at any time to obtain a detailed breakdown of all income and expenses for their properties.

Financial Management – FAQs

How frequently are financial reports provided?

Financial reports are typically provided on a monthly basis, offering landlords up-to-date information about their property’s financial status.

We employ rigorous accounting practices and use advanced software tools that comply with Canadian tax regulations to ensure accuracy in all financial transactions and reporting. Our team regularly reviews and audits financial records to maintain the highest standards of financial management.

In the rare event of financial discrepancies or disputes, we take immediate action to investigate and resolve the issue. We maintain detailed financial records that allow us to quickly identify and address any discrepancies. Our team works closely with landlords and relevant parties to ensure a fair and transparent resolution to any financial dispute.

Curious what your property could rent for?

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