The Real Estate Accounting Specialist

OHI has acess to skilled and experienced property accountants/real estate accountants at very economical rates. They have high expertise in Yardi (Genesis and Voyager), AppFolio, OneSite, MRI, Spectra, Timberline and QuickBooks. Our property accounting services are used by 50+ commercial, residential, student housing, real estate developers and property management companies in California, New York, Texas, Florida, Colorado, Georgia, Ohio, Pennsylvania, Oregon and Washington among others. We service clients with a portfolio as small as 100 units to as large as 15000 units.

1 (646) 367-8976

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Have a question,

comment or request? 

Cost Savings

30-50% cost savings compared to in-house hired staff

Fast Monthly Close*

Monthly financials latest by tenth of every month

Skilled Employees

Staff with 6+ years of  real estate experience

Popular Real Estate Roles

Accounts Payable Specialist

Accounts Receivable Specialist

Property Accountant

OHI Advantages

  • Cost Efficient - Realize cost reductions of 30-50% on your existing staffing costs
  • Grow Without Overhead - Expand your portfolio without worrying about the staffing
  • Faster Work Turnaround - Work gets done faster due to complimentary time-zone differences
  • Optimize Staffing - Use us only when you need us
  • Best Practices - Access to best practices in real estate accounting, lease abstraction and asset management

Savings | Flexible | Specialized

Free Consultation - Have a question, accounting query. Contact Us for a No Obligation Discussion On Our Services, Best Industry Practices and Real Estate Process Improvements.

Watch it in Action!

  • Hire us full time, or on seasonal basis
  • Save 30-50% on your accounting cost
  • Get accurate rent rolls, tenant ledgers and bank accounts
  • On time processing-rents, bills, move-ins and move-outs
  • Quick monthly close- get your financials by 10th of every month


Learn more about our services 

Software Expertise

High expertise across multiple real estate accounting (property, construction and fund accounting), property management, investment analysis, leasing and designing software used in USA

Pricing

Our indicative standard charges for accounting services are listed below. Custom packages of 25, 50 and 80 hours per month are available.

Note

  • The listed set of services are indicative. Custom activities can be added upon request depending on complexity and skill level required
  • The accountant works during Indian time zones. An overlap of two hours with US time can be provided so that the resource can co-ordinate with US staff. (Charged additionally USD 50 per month) 
  • The accountant can be reached through multiple means- US Phone no., email, Skype and messengers. We would organize prescheduled tele-conference during US business hours to resolve any issues 

Get a customized proposal for 25, 50 or 80 hours per month 

ACCOUNTS PAYABLE SPECIALIST

$1500

160 hours dedicated monthly staffing

Accounts payable processing

Processing insurance, mortgage bills

Processing utilities and payments

Accounts payable aging reports

Rent receipting

ACCOUNTS RECEIVABLE SPECIALIST

$1800

Cash Application Services

Email/Call collection support

160 hours dedicated monthly staffing

Accounts receivable aging reports

PROPERTY ACCOUNTANT

$2100

160 hours dedicated monthly staffing

Tenant accounting 

Bank and escrow reconciliations

Inter-company accounting

Month end closing and financials

Pricing for Express Services

The current Covid-19 pandemic across the world has disrupted operations and delayed rent collections. Accurate and quick rent receipting and clear and timely visibility of receivables is the need of the hour. OHI has launched express service packages that provide faster turnaround times than our usual service levels for part-time staffing roles. 

Rent receipting within 24 hours*

50 HOUR MONTHLY SLAB

$650

Daily receivables reports 

BiWeekly cashflow reports

50 hours monthly staffing

Entry of invoices, bills

Bank and credit card reconciliation

25 HOUR MONTHLY SLAB

$375

25 hours monthly staffing

Rent receipting within 48 hours*

Alternate day receivables reports

Weekly cashflow reports

Entry of invoices, bills

Bank and credit card reconciliation

Note


* Conditions apply. On business days

1. Easy service start and stop terms

2. Other accounting activities can be covered in the unutilized hours but will have longer turnaround times

60+

employees

50+

real estate clients

About Us

  • 50+ real estate clients across North America in all major states and real estate sectors
  • Handling accounting for 50000+ units across USA
  • High client satisfaction - Most of our clients have been with us since 8+ years
  • Fully integrated real estate service provider providing services in leasing, administration, accounting, analysis and allied services
  • Specialist real estate services provider since 2006 
  • Senior management team with rich outsourcing and management experience since 2003 in global companies
  • Staff with at-least six years of real estate accounting experience
  • High expertise in Real Estate software such as Yardi, AppFolio, OneSite, MRI, Timberline, Spectra and QuickBooks
  • Spacious office set-up (6000 square feet) with modern facilities and uninterrupted power supply
  • 100 MBPS high speed dedicated internet leased line

Client Profiles

A midsized real estate property management firm based out of Beverly Hills, CA. The firm manages over 50 properties, across 9 states, encompassing over 1200 tenants and nearly 1.5 million square feet.

Property Management | Multi-Family

A vertically integrated, full service real estate company based out of Bellevue, WA. They specialize in commercial properties. The firm has developed and built in excess of 81 properties and have more than 10,000 units under management.

Owner/Developer | Multi-Family & Senior Housing

A mid-size real estate firm in Miami, Florida. The company manages over $300 million of real estate, over 4500 apartments and have been appointed receivers on over 15 properties.

Property Management | Multi-Family

An owner/manager of high-quality multifamily communities in the Tri-State and Mid-Atlantic regions, in addition to affordable and student housing properties around the United States. Their portfolio has comprised over 15,000 apartment units representing over $2 billion in value.

Owner/Developer | Affordable & Student Housing

A leading Kansas housing development and management firm specializing in HUD Section 8, Low-Income Housing Tax Credit, and U.S.D.A.

Asset Management | Tax Credit & HUD Properties

A full service management company based out of Denver (CO) with extensive experience in both single and multifamily residential rental properties.

Property Management | Single Family & Multi-Family

A full-service real estate management firm that hanldes multi-family residential and commercial properties throughout Southern California and Arizona.

Property Management | HOA

A rapidly growing real estate firm based out of Tacoma, Washington. They specialize in commercial brokerage of larger multifamily complexes throughout the Pacific Northwest.

Property Management | Multi-Family

Useful Articles

The top five real estate software solutions, features and advanages- Appfolio Property Manager, Yardi Voyager, RealPage, MRI and Buildium Property Management.

Job description, duties and qualification for a real estate accountant to record, analyze, and report the real estate accounting transactions.

This articles elaborates more on how small landlords can create a competent rental property accounting system.

While property management reports come in various forms and inform several statistics, owners need specific data, usually centering around the revenue that the property is generating and the operational costs acquired.

Multifamily accounting involves a number of long-term transactions, given the nature of the business. In light of the same, the accrual basis of accounting serves best for the  benefits that it has to offer.

HUD Multifamily Housing Programs administers a number of programs that provide housing schemes for low-income seniors, people with disabilities, and families with children.

Learn More About our Accounting Services for Residential Real Estate Firms

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