Miami's property management market runs on high-value condominium associations, foreign investor portfolios, and the reporting demands of Florida Statute 718, the Condominium Act. RealPage was built for portfolio-level accounting at scale, with roll-up reporting and institutional owner packages designed for enterprise multifamily operators. That combination creates a specific risk here: a Miami condo association's roll-up can look clean while assessment ledgers and reserve accounts underneath carry errors regulators and boards will eventually ask about. We reconcile at the property level first, so what rolls up into RealPage's reporting is actually correct.
We work with accountant access inside your own RealPage instance, exactly as you would grant an internal hire.
Florida rules that apply here
RealPage's portfolio roll-up is only as good as the property ledgers feeding it. For a Miami condo association juggling assessment income, delinquencies, and reserve transfers under Florida Statute 718, we close each property's books first, then let the roll-up reflect what actually happened, not a smoothed-over summary.
Miami carries a heavy share of foreign investor owned units, and those owners expect institutional-grade packages without ambiguity. RealPage generates the reports; we verify the numbers behind them before they reach an owner's desk, so packages that go out on a fixed reporting deadline are correct the first time, not corrected after a call.
Institutional reporting cycles do not wait, and a slow month-end close on a Miami portfolio of condo associations and investor-owned units means owner packages go out late or wrong. We run a disciplined close cadence built around RealPage's reporting windows, so the numbers are ready when the deadline is, not scrambled together after.
Florida Statutes Chapter 83 gives Miami property managers 30 days to return a tenant's security deposit or send an itemized statement of deductions after move-out. RealPage was built for large multifamily portfolios and its deposit accounting sits at the unit level, not flagged against a portfolio-wide compliance calendar, so a 30-day deadline can slip past unnoticed inside a large roll-up. We track deposit deadlines separately from RealPage's own reporting so nothing crosses that 30-day line unaddressed.
Florida Statutes Chapter 83 requires deposits to be held in a separate Florida bank account or covered by a surety bond, with written notice to the tenant within 30 days of receipt and strict timelines for return or itemized claim.
All Florida requirementsHow we keep you inside it
Miami operators use REA for the full monthly close or for the single function that has become a bottleneck. Each one is performed inside your RealPage instance.
Compliant, audit-ready trust funds
Learn moreThree-way reconciliation, every account
Learn moreBills paid, rent collected, owners paid
Learn moreBack books fixed and current
Learn moreAnnual commercial true-ups
Learn moreResidential, commercial and everything in between. The asset class changes what the books have to prove, and our teams are staffed accordingly.
Property Managers, Investors & Owner Operators
Following a series of erroneous financials from my previous bookkeeper, who lacked expertise in real estate, it's been truly remarkable to receive not only accurate financials on a consistent basis but also proactive advice without prompting. The REA team is a game-changer in real estate accounting!
As REA exclusively specializes in Real Estate, I rest easy knowing my financials are precise every month while saving money at the same time, an invaluable benefit.
I highly recommend Real Estate Accounting (REA) services from this group. They truly are great and have helped us tremendously at a time we needed it the most. I felt very comfortable giving up all my accounting responsibilities to this team and I'm still glad I made the decision to work with this group. Nothing less than an amazing experience!
RealPage does not run a compliance calendar against Florida Statutes Chapter 83 on its own. It records the deposit transaction, but the 30-day clock for returning a deposit or sending an itemized statement after move-out is not something the platform flags. We maintain that deadline tracking separately for every unit in a Miami portfolio, so a missed statement never happens because RealPage stayed quiet about it.
RealPage's roll-up reporting is built for scale, not for catching an error in one association's assessment ledger before it reaches the report. A reserve transfer booked wrong, or a delinquency miscoded, will still roll up cleanly into an institutional owner package. We reconcile each property's books before RealPage's reports go out, so the roll-up you're relying on actually reflects what happened underneath it.
Our Miami RealPage work centers on condominium associations governed by Florida Statute 718 and multifamily portfolios with a significant share of foreign investor ownership. Both bring recurring documentation demands, association assessment schedules, reserve fund reporting, and owner statements that need to hold up to review, that a generic bookkeeping approach misses. We build the property-level detail RealPage's roll-up depends on around those specific demands.
Other Florida markets, the platforms we work in, and the functions available on their own.
Schedule a call and we will review your RealPage setup, your Florida deposit handling, and what it takes to close clean every month.