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Metro North & North Shore, MA
Rent Collection Services
Rent collected every month, reconciled on your owner statement and tracked in Buildium, so you always know what came in and what went out.
Current tenant? Pay rent or request maintenance in the tenant portal
How it works
Rent, Reconciled Every Month
Rent collection is part of full-service management, tied directly to your books.
Collected monthly
We collect rent from your tenants every month as part of full-service management, so you are not chasing payments yourself. Tenants can pay online through our Buildium tenant portal.
Reconciled and reported
Each month’s rent is reconciled and shows up on your monthly owner statement, next to the expenses and bills paid.
Tracked in Buildium
Rent, expenses and bills are tracked in Buildium property management software, the same system tenants use to pay rent and request maintenance.
Ready at tax time
Because rent, expenses and bill pay live in one system, year-end 1099s and tax-ready reports come from the same records.
Who you work with
A Finance-First Team
Founder & CEO
Mark Pitzi
A former certified public accountant who brings that background to reporting, tax questions and investment advice.
CFO
Ian Estabrooks
CFA charterholder with 15 years of experience in portfolio management.
Manager of Tenancy Operations
Scott Bornstein
Handles finding the right tenant, from marketing and screening to preparing the lease.
Good to know
Massachusetts Rules Worth Knowing
The state rules that come up most often with this part of renting.
Interest on deposits and last month’s rent
Tenants are owed interest each year on the security deposit and on last month’s rent: 5 percent, or the lesser amount the bank actually paid. The interest is due on the anniversary of the tenancy.
Holding a security deposit
Deposits must be held in a separate interest-bearing account at a Massachusetts bank. The tenant gets a receipt naming the bank, account number and amount within 30 days, and the deposit, minus lawful deductions, is due back within 30 days after the tenancy ends.
When a rental is sold
The seller must transfer the tenants’ security deposits and last month’s rent, with interest, to the buyer, and the new owner must notify the tenants in writing within 45 days.
General information only, not legal advice. Sources on mass.gov: security deposit rules.
FAQ
Rent Collection Services FAQ
How often is rent collected?
Every month, as part of our full-service management.
Can tenants pay rent online?
Yes. Tenants can pay rent online through our Buildium tenant portal.
How do I see what was collected?
Rent is reconciled each month and shows on your monthly owner statement, along with expenses and bills paid.
What software do you use?
Buildium property management software, for rent, expenses, bill pay, leases and maintenance requests.
Do tenants earn interest on last month’s rent?
Yes. Massachusetts requires interest each year on both the security deposit and last month’s rent: 5 percent, or the lesser amount the bank actually paid.
How do I get started?
Call (617) 819-2485 or request a free rental analysis through our contact form.
More services
Everything Else We Handle
Tenant Placement & Leasing
Marketing, screening and lease preparation.
Learn more →Maintenance & Repairs
Requests, repairs, renovations, snow and grass.
Learn more →Rental Property Accounting
Statements, bill pay, 1099s and tax-ready reports.
Learn more →Growing a portfolio? See our real estate investment management services.
Towns We Serve
Metro North Boston and the North Shore, across Middlesex, Essex and Suffolk counties.
Get a Free Rental Analysis
Tell us about your property and our team will be in touch.