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We Found $82,000 for a Real Estate Investor in Tenant Reimbursements
Episode 05
Are messy property statements hiding money from you? See how organizing finances helped one investor recover $82,000 in missed reimbursements.
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Angie M Grainger
14 November 2024
1 Min Read
We Found $82,000 for a Real Estate Investor in Tenant Reimbursements
Imagine receiving property statements that look like a confusing jumble, where even attempting to get a clear picture of your finances seems impossible. It’s a familiar challenge for many real estate investors who own multiple properties and rely on property managers to track rental income and expenses. In the case of one investor, this lack of clarity ended up hiding a surprising financial gap worth thousands.
Our client, a real estate investor with numerous rental properties, relied on property managers to send in statements regularly. But without a clear organization system in place, these statements were nearly impossible to read and reconcile. Only by going through each document carefully and categorizing each transaction were we able to get a true picture of their financial situation.
This effort paid off. We discovered that the investor wasn’t receiving full reimbursements for certain costs from tenants, even though these expenses were their responsibility. Over two years, these missed reimbursements added up to a shocking $82,000. That’s $82,000 that could have been completely overlooked and unclaimed without proactive financial oversight and attention to detail.
And the savings don’t stop there. Now that we’ve clarified these reimbursements and set up a tracking system, this investor can ensure that future expenses are fully reimbursed, adding long-term value to their real estate portfolio.
At Prosperent Co, we find stories like this again and again—missed opportunities, hidden money, and costly errors that can impact your financial wellbeing. It’s why proactive oversight and regular, detailed reviews are at the heart of what we do. Because when you keep an eye on the details, you open the door to long-term prosperity.
We’re focused on one thing: helping you live a better, more prosperous life. Are you ready to discover what overlooked savings could be hiding in your financial records? Speak with us today—we’re here to help.
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