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.

Contact Us!

Have a Question,

Comment or Request

1 (646) 367-8976

sales@ohiaccounting.com

Cost Savings

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

Skilled Employees

Staff with 6+ years of real estate experience

Fast Monthly Close*

Monthly financials latest by tenth of every month

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

Clients Across USA and Canada

California | New York | Texas | Florida | Georgia | Ohio | Colorado | Kansas | Pennsylvania | Oregon | Washington | Massachusetts | Illinois | British Columbia | Ontario

50+

Real Estate Clients in North America

75000+

Units Served Since 2006

Team Including Graduates, CPAs and MBAs

75+

And More

Key Real Estate Sectors

Affordable Housing | Market Rent Housing | Tax Credit and HUD Properties | Single Family Housing | Homeowner Associations (HOA) | Commercial | Retail| Industrial | Student Housing | Senior Housing

Property Accountants with

Years of Relevant Real Estate Experience

6+

Our Credentials

We Serve

3

Top 30

of the

Real Estate Companies in USA

Popular Real Estate Roles

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Accounts Payable Specialist

Accounts Receivable Specialist

Property Accountant

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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.

Our Services

We provide complete range of property management accounting and reporting services covering accounts payable, accounts receivable, reconciliations, property accounting and monthly financial work for more than 50 Real Estate Firms in USA.

  • Tenant Accounting - Lease setup, move-ins, move-outs
  • Accounts Payable - Entry of invoices including 2/3 way matching with POs, utilities and payments
  • Accounts Receivable - Monthly rent run, processing rental receipts and section 8 rent receipting
  • General & Month End Accounting Activities - Bank, Mortgage and insurance escrow reconciliations, month end accruals and schedules
  • Prepare/Track Fixed Assets for property including to the unit (apartment) level
  • Management Reporting - Monthly operating reports and variance analysis
  • Budgeting Support & Analysis Services - Prepare budgets, financial analysis and cash flow forecasting
  • Investor Support Activities - Investor reports and dashboards
  • Software Upgrade/Changeover Services - Prepare software transition plans, Set-up chart of accounts and handle accounting migration
  • Rent Roll Analysis - Comprehensive rent roll analysis of a property for buyers covering financial analysis, tenant analysis, location review among others
  • Lender Reporting - Financials, leasing reports, property management executive summaries and other reports with respect to the property, borrower and guarantor
  • Backlog and Clean-up Accounting Services - Clearing backlog of un-posted historic transactions, correction of existing miscoded GL entries, clean-up of chart of accounts and reconciling historic accounts with bank, credit card etc

Key Real Estate Sectors

Affordable Housing | Market Rent Housing | Tax Credit and HUD Properties | Single Family Housing | Homeowner Associations (HOA) | Student Housing | Senior Housing

Related Services

Commercial Real Estate Accounting

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Portfolio Accounting

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HOA/Condo Accounting

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Construction Accounting

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Accounts Payable

Accounts Receivable

Bank Reconciliation

Month End Closing

Real case studies covering RE developers, funds and PM cos.

Services, Team, Industry Experience and more

Covers work-flows, technology, transition time-frames and more

Brochure
Outsourcing Guide
Process Snapshots

Useful Links

Other Services

Asset Management Services

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Investment Analysis Services

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Lease Abstraction Services

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Back Office Support Services

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Financial Dashboard Solutions

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Acquisition Analysis Services

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CAM Reconciliation

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Loan Abstraction

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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

The indicative standard charges for Accounts Payable Specialist, Accounts Receivable Specialist and Property Accountant roles are listed below.

Accounts Payable Specialist

$1500

Full-time staffing (160 hours per month)

Accounts payable processing

Processing insurance, mortgage bills

Processing utilities and payments

Accounts payable aging reports

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Accounts Receivable Specialist

$1800

Full-time staffing (160 hours per month)

Rent receipting

Cash Application Services

Email/Call collection support

Accounts receivable aging reports

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Property Accountant

$2100

Full-time staffing (160 hours per month)

Tenant accounting

Bank and escrow reconciliations

Month end closing and financials

Inter-company accounting

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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

Custom packages of 25, 50 and 80 hours per month are available

Team & Staff Profile
  • 50+ real estate clients across North America in all major states and real estate sectors
  • Handling accounting for 75000+ 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

About Us

employees

75+

real estate clients

50+

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

Owner/Developer | Multi-Family & Senior Housing

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.

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

Owner/Developer | Affordable & Student Housing

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.

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

Property Management | Single & Multi-Family

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

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

Property Management | HOA

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

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.

Real Estate Accountant - Job Description, Duties

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

HUD Multifamily Housing Programs

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.

A Simple Rental Property Accounting System for Small Landlords

Monthly Property Management Reports

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.

Accrual Accounting - The Perfect Way of Managing Multifamily Accounting

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Learn More About our Accounting Services for

Residential Real Estate Firms

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