REA.co Real Estate Accounting & Tax

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

RealPage is built for enterprise multifamily operators who need portfolio-level roll-ups and institutional owner packages, but Houston's lack of zoning means those same operators often hold single-family rentals and small commercial buildings on the same books as their apartment communities. We treat every property ledger as its own audit before it feeds RealPage's roll-up, so the polished portfolio report your institutional owners receive is backed by clean detail underneath, not just a summary that balances on the surface.

We work with accountant access inside your own RealPage instance, exactly as you would grant an internal hire.

Texas rules that apply here

Deposit return deadline
30 days
Statute
Texas Property Code Ch. 92
Full Texas requirements

Why RealPage Operators in Houston Come to REA

Enterprise multifamily with portfolio-level roll-ups

Roll-ups that hide ledger errors

RealPage's portfolio roll-up can look balanced even when an individual property ledger underneath is off, a rounding entry misapplied, a prepaid item booked to the wrong period. In a Houston portfolio mixing multifamily with single-family and commercial holdings, that gap compounds fast. We reconcile at the property level first, then let the roll-up report what's actually there.

Institutional deadlines, no slack

Institutional owners on RealPage expect a reporting package on a fixed schedule, and enterprise multifamily reporting leaves little room to catch a slow close after the fact. We close each property on a set cadence built around RealPage's reporting calendar, so the owner package goes out complete the first time, every property accounted for.

Mixed asset classes, one platform

RealPage is built around multifamily asset structures, but Houston's lack of zoning puts single-family rentals, small multifamily, and commercial or mixed-use properties on the same owner's books, with no second platform to separate them. We build a chart of accounts that treats each asset class correctly inside RealPage, rather than forcing a commercial unit through a multifamily template.

RealPage and Texas Deposit Rules

Texas Property Code Ch. 92

Texas Property Code Chapter 92 gives owners 30 days to return a security deposit or send an itemized statement of deductions. RealPage tracks deposit balances at the unit level, but its enterprise reporting cadence is built around monthly and portfolio-level cycles, not a 30-day statutory clock running independently for every move-out. We track each deposit deadline outside RealPage's standard reporting rhythm and confirm the itemized statement goes out inside the statutory window, before it becomes a portfolio-level compliance gap.

Texas Property Code Chapter 92 requires the deposit to be returned within 30 days of lease termination, with itemized written deductions.

All Texas requirements

How we keep you inside it

  • Deposit liabilities tracked per tenant in RealPage, so a 30 days 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 Houston 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 Houston?

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 handle Texas's 30-day security deposit deadline automatically?

Not on its own. Texas Property Code Chapter 92 requires an owner to return a security deposit or send an itemized statement within 30 days of move-out, and that clock runs per unit, not per reporting period. RealPage's cycles are built around monthly close and portfolio roll-up, so a deposit deadline can fall between reporting dates. We track each move-out date separately and flag the deadline before RealPage's next scheduled close.

What's the biggest risk with RealPage for a portfolio our size?

RealPage's portfolio roll-up reporting is built for institutional owner packages, and it does that well. The risk is that the roll-up can look balanced while an individual property ledger underneath carries an error, a misapplied fee or a stale prepaid balance that never surfaces at the summary level. We reconcile every property before it feeds the roll-up, so what the platform reports upward is already correct.

We run multifamily on RealPage but also hold some single-family and commercial property in Houston. Is that a problem?

It's common here. Houston has no zoning code, so owners frequently hold single-family rentals, small multifamily, and commercial or mixed-use properties together, even though RealPage's structure assumes an enterprise multifamily portfolio. We set up a chart of accounts and reporting structure that keeps each asset class accurate on its own terms, so mixed holdings don't get flattened into a multifamily template that doesn't fit them.

RealPage Bookkeeping for Houston

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