Financial Administration

Rent Collection and Invoicing

Tenants can be setup to receive their monthly rental invoice electronically, or traditional postal mail. The invoice will have a detailed breakdown of the rent and all other charges. Tenants can also log in to our partner platform website at any time to check rent balances or to confirm that previous payments have been processed. Our partner platform allows for clients to pay their rent online. To ensure timely rental payments, we provide email reminders to tenants who have not paid rent by the 5th of the month. We continue to follow up with the tenant until payment is received.

Expense Payment

We review and analyze every invoice we receive prior to payment and recording. We can arrange to pay for invoices up to a limit per location and we will check with our clients before paying any amount greater then the set limit. Our meticulous process assures accuracy and reduces errors in bill payments.

Monthly and Annual Financial Statements

ALO will prepare a monthly income and expense statement for the client to do a financial assessment of the performance of their assets. ALO aims to provide the client a monthly owner’s statement detailing the income and expense activity of the asset by the 3rd week of every month; copies of receipts will be made available. The provided statements will simplify tax filing for our clients.

State and Federal Tax Filing Preparation

With its vast network of professional service providers, ALO can introduce its clients to specialist vendors, most notably CPA’s. Our CPA’s are subject matter experts that are ready to work on your behalf to produce the best outcome for you.

Mortgage Escrow Reviews

We offer an extra set of eyes and provide review services of mortgage statements. In the event that any of the items which mortgage servicers collect for are adjusted, it is worth the exercise to make sure that they are collecting the right amount and provide you with a refund due to erroneous tax, or insurance escrows collections. This is very possible as we leverage our network to get you competitive insurance rates that will lower the escrow requirements.