Austin's rental supply increasingly runs through large multifamily and build-to-rent portfolios, the kind of institutional ownership structures RealPage was built for. Property managers here are also absorbing steady demand from UT Austin's student population and continued tech-sector relocation, which keeps unit turnover and lease volume high across these portfolios. REA works inside RealPage as an outsourced bookkeeping partner for Austin operators running multifamily and build-to-rent assets, where the platform's portfolio roll-up reporting is only as reliable as the property-level ledgers feeding it.
We work with accountant access inside your own RealPage instance, exactly as you would grant an internal hire.
Texas rules that apply here
In Austin's build-to-rent and multifamily portfolios, RealPage's owner packages roll dozens of properties into one institutional report. We reconcile each property's ledger separately before it feeds the roll-up, so a coding error on one build-to-rent community doesn't get absorbed into a portfolio total that still looks correct to the owner.
Student housing turnover near UT Austin and steady tech-sector relocation across the metro push heavy move-in/move-out volume through RealPage every month. We keep security deposit accounts, prorations, and charge codes current property by property, so turnover volume in one submarket doesn't create a backlog that shows up as a variance at close.
Institutional owners on RealPage expect reporting packages on a fixed monthly schedule, with little tolerance for a late close. We run reconciliations against RealPage's general ledger throughout the month rather than in a scramble at cutoff, so Austin operators can hit institutional deadlines without a roll-up that hides an unreconciled property.
Texas Property Code Chapter 92 gives us 30 days from move-out to return a tenant's security deposit or send an itemized statement of deductions. RealPage tracks deposits at the unit level inside each property's ledger, not inside the portfolio roll-up, so a missed 30-day deadline on one Austin property won't show up in an owner's consolidated report until it becomes a demand letter. We reconcile deposit dispositions against move-out dates property by property so the clock never runs out unnoticed.
Texas Property Code Chapter 92 requires the deposit to be returned within 30 days of lease termination, with itemized written deductions.
All Texas requirementsHow we keep you inside it
Austin 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
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!
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.
Texas Property Code Chapter 92 requires us to return a deposit or send an itemized deduction statement within 30 days of move-out. We track move-out dates against deposit dispositions property by property inside RealPage rather than relying on portfolio-level summaries, because a roll-up report can look complete while an individual property is past its 30-day window.
Not on its own. RealPage is built to consolidate institutional owner packages across a portfolio, and that roll-up will balance even if one property's ledger underneath has a miscoded charge or an unreconciled deposit account. We reconcile each property before it feeds the roll-up, so what reaches the owner reflects the properties, not just the portfolio math.
Most of our RealPage work in Austin covers large multifamily communities and build-to-rent portfolios, plus properties absorbing steady turnover from UT Austin's student population. These are higher-unit-count, higher-turnover assets than a typical single-family rental book, which is the operating profile RealPage and its institutional owner packages are built around, and it shapes how we prioritize reconciliation work each month.
Other Texas markets, the platforms we work in, and the functions available on their own.
Schedule a call and we will review your RealPage setup, your Texas deposit handling, and what it takes to close clean every month.