Augusta's downtown historic district carries a mix of ground-floor retail with residential units above, alongside student housing near Augusta University and a short-term rental segment operating under the city's permit rules. MRI's strength is commercial lease administration and CAM reconciliation, built as a modular platform where functionality is assembled rather than unified. For managers running that mixed commercial and residential mix here, reconciliation gaps tend to surface in the handoffs between modules, not inside any single one, and we build our process around catching them there.
We work with accountant access inside your own MRI instance, exactly as you would grant an internal hire.
Georgia rules that apply here
Augusta's historic downtown mixes ground-floor commercial tenants with residential units in the same buildings, so one property can carry CAM reconciliation and security deposit accounting at once. MRI's CAM module handles the commercial side well but does not talk to the residential ledger automatically. We reconcile both against the same rent roll.
MRI implementations vary widely, and lease terms abstracted in one module do not always match what gets billed from another. In Augusta's commercial-weighted engagements, that gap usually shows up in CAM true-ups and renewal options, not routine rent postings. We trace every lease term back to its source module before signing off.
Because most Augusta MRI engagements lean commercial, residential deposit accounting for student rentals and short-term units often gets less setup attention inside the platform than lease administration does. We build a separate deposit reconciliation routine for the residential side so student housing and short-term rental deposits do not just ride along inside a commercial-first configuration.
Georgia's O.C.G.A. Title 44 requires landlords to return a security deposit or send an itemized statement of deductions within the statutory window after move-out. MRI does not enforce that deadline on its own. Deposit tracking lives in whichever residential module an implementation happens to use, and in commercial-weighted MRI setups like most of what we see in Augusta, that module is often configured as an afterthought. We run a manual deadline check against every move-out in the residential ledger so the statutory window never gets missed to a configuration gap.
Georgia law under O.C.G.A. Title 44 requires deposits to be held in escrow and returned with itemized deductions inside the statutory window.
All Georgia requirementsHow we keep you inside it
Augusta operators use REA for the full monthly close or for the single function that has become a bottleneck. Each one is performed inside your MRI 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
Real Estate Accounting truly is a special company. They helped as if they were a part of our company, with the concern and caution as an employee would have, but even more. They quickly ascertained our needs and developed an effective team to help with our accounting needs. They were extremely responsive and always accurate. I would recommend their services to anyone who needs help with their property management accounting.
Adam the owner took a personal interest in my situation and was willing to work with me to see if his company was a good fit. I may be too small for them but I would highly recommend them to anyone considering a bookkeeper for their property management business.
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!
No. O.C.G.A. Title 44 sets the deadline for returning a deposit or sending an itemized statement after move-out, but MRI has no built-in enforcement of that date. The deadline lives inside whatever residential module an implementation uses, and in commercial-weighted MRI setups that module is frequently under-configured. We track every Augusta move-out against the statutory window separately from MRI's own reporting.
Yes, but not automatically in one step. MRI's CAM module is built for commercial lease administration and handles reconciliation well on that side. Residential accounting runs through a separate module, and the two do not share data by default, so a lease abstracted in one can disagree with what is billed from the other. We reconcile both modules against a shared rent roll rather than trusting either module's output alone.
Most of the Augusta portfolios we see on MRI are commercial-weighted: mixed-use buildings in the historic downtown with retail on the ground floor and residential units above, plus student housing near Augusta University and short-term rentals operating under the city's permit rules. MRI's strength fits the commercial and CAM side of that mix well; we handle the residential and short-term rental accounting alongside it, not inside the same module.
Other Georgia markets, the platforms we work in, and the functions available on their own.
Schedule a call and we will review your MRI setup, your Georgia deposit handling, and what it takes to close clean every month.