Parc Blog

How Proper Accounting Simplifies Income for Investors. Most investors are eager to know what their monthly income will be, and when their profit can be deposited. The rent amount and deposit date both depend on a unit’s tenants, property manager, and work items. It’s important for owners to understand how these factors affect their profit schedule, and how proper accounting simplifies the payment process for them.

The move-in inspection is an owner’s final opportunity to view their property before a new tenant leases the unit. It is easy to assume that the move-in inspection is identical to the move-out inspection; however, each inspection is important for different reasons.

The tenant disposition (or the final tenant statement) is the final accounting of a tenant’s charges, credits, and security deposit. Unfortunately, it is often overlooked by property owners.