REA.co Real Estate Accounting & Tax

Expert RealPage Bookkeeping Services For Scaling Property Investors & Managers In Orlando

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

Deposit return deadline
30 days for notice
Statute
Florida Statutes Ch. 83
Full Florida requirements

Why RealPage Operators in Orlando Come to REA

Enterprise multifamily with portfolio-level roll-ups

Ledger Accuracy Before Roll-Up

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.

Close Speed For Institutional Reporting

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.

One Instance, Three Revenue Types

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.

RealPage and Florida Deposit Rules

Florida Statutes Ch. 83

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 requirements

How we keep you inside it

  • Deposit liabilities tracked per tenant in RealPage, so a 30 days for notice deadline is answerable from the ledger
  • Trust accounts reconciled three ways every month
  • Deduction documentation recorded against the correct ledger
  • Aging deposits flagged before the statutory window closes

RealPage Accounting & Bookkeeping Services

For Orlando Portfolios

  • Process Review & Set Up
  • Bank Reconciliations
  • AP / AR
  • Accurate NOI, Balance Sheets
  • Recording HUD's & Accruals
  • Owner Distributions
  • Monthly Statements & Reports
  • Management Fees
  • Corporate Bookkeeping
  • Tenant Chargebacks

On a Different Platform in Orlando?

We Work Inside All of Them

Experts In All Property Types

  • Single-Family
  • Multifamily
  • Student Housing
  • Affordable Housing
  • Community Associations
  • Commercial
Schedule time to learn more

Experts In All Property Types

Residential, commercial and everything in between. The asset class changes what the books have to prove, and our teams are staffed accordingly.

Check Out What Our Clients Have To Say About Us

Property Managers, Investors & Owner Operators

Client story

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.

SWSteve WilkoOwner Operator

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!

TCTracy CollinsProperty Manager

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.

BCBrian CookOwner Operator

Frequently Asked Questions

Does RealPage automatically comply with Florida's 30-day security deposit rule?

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.

What does RealPage do well for Orlando portfolios, and where does it fall short?

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.

We manage multifamily, vacation rentals, and build-to-rent properties in Orlando under one RealPage account. Can you handle all three?

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.

More in Florida

Other Florida markets, the platforms we work in, and the functions available on their own.

RealPage Bookkeeping for Orlando

Schedule a call and we will review your RealPage setup, your Florida deposit handling, and what it takes to close clean every month.