Orlando property managers running RealPage are rarely managing one portfolio type. Long-term multifamily communities, short-term vacation rental blocks, and newly built build-to-rent communities often sit inside the same instance, reporting up to the same institutional owner. RealPage handles that portfolio-level roll-up well. What it does not do is guarantee the property ledgers underneath are clean. We reconcile each property before the roll-up runs, so the owner package reflects real numbers, not just a report that balances.
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 will consolidate multifamily, vacation rental, and build-to-rent properties into a single owner package whether or not each underlying ledger is correct. We close and reconcile every property individually first, catching miscoded transactions and unposted charges before they get absorbed into a portfolio total that looks fine on the surface.
Institutional owners on RealPage expect a fixed monthly reporting package, and Orlando's build-to-rent communities are increasingly owned by that same institutional capital. A slow close on even one property in the portfolio holds up the whole package. We build our close cadence around RealPage's reporting calendar so the report goes out property by property, on time.
A single RealPage instance in Orlando might carry a multifamily community with predictable monthly rent, a vacation rental block with nightly bookings and platform fees, and a build-to-rent community still stabilizing its first leases. Each revenue pattern posts differently. We reconcile each property type on its own terms instead of forcing vacation rental income through categories built for multifamily leases.
Florida Statutes Chapter 83 gives property managers 30 days from written notice to return a security deposit or send an itemized statement of deductions. RealPage tracks deposit balances at the property level, but on a multi-property Orlando portfolio, the 30-day clock resets separately for every unit, vacation rental, and build-to-rent lease that turns over. The system will not flag a missed deadline on its own. We track each notice date against Chapter 83's window and confirm the itemized statement goes out before it lapses, property by property.
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
Orlando 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
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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
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.
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REA and team have been nothing but excellent helping our firm with its day to day financial needs. Their expertise, professionalism, and timeliness have made our lives so much easier. We foresee a long relationship with REA and team.
RealPage does not automatically enforce Florida Statutes Chapter 83. The software stores deposit data and can generate a deduction report, but it does not calculate the 30-day deadline from a tenant's written notice or alert anyone when that window is closing. We track the notice date manually against Chapter 83 and prepare the itemized statement or return before day 30, for every property in the portfolio.
RealPage's strength is portfolio-level roll-up reporting, consolidating dozens of Orlando properties into one institutional owner package. Its weak point is that the roll-up can look balanced even when an individual property ledger underneath is wrong, because the summary math still works out. RealPage does not flag that kind of error on its own. We reconcile every property before it feeds the portfolio report, not after.
Yes. That mix is common in Orlando, where build-to-rent development has expanded fast enough that many owners now hold multifamily, short-term vacation rental, and build-to-rent assets under a single RealPage portfolio. We reconcile each property type according to how its revenue actually posts, monthly rent, nightly bookings, or new-lease stabilization, before any of it rolls into your owner report.
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.