Easily Manage Realty Clients
& Property Rental Finances
Whether you are a private realtor who needs to track business finances or a property owner who wants an easy way to track property rental income and expenses, Flare can help. With Flare, you get easy-to-use bookkeeping and financial management in one place! Track client or rental income while getting visibility into your business’s financial performance.
- Track multiple properties or clients.
- Track income by customer.
- Accept payments online and get paid faster.
Features Made for Real Estate Agents & Property Managers
Realtors and Property Owners Example Case Studies
All realtors and property owners benefit from using Flare Cloud Accounting. Here are just a few examples.
Delia – Rental Property Owner
Delia owns and manages two rental properties. Before using Flare, she managed the properties with an outdated desktop application. She had to send rental statements by hand and had no way to easily track overdue rent, view tenant payment history, or get a clear view of each property’s income and expenses. She needed an accounting application that would do all of this and allow her to project income, expense and profit.
Then, Delia Got Flare
Delia manages both of her rental properties from one Flare login. She can quickly create recurring invoices and invite tenants to view statements and pay rent online. She gets paid faster and fewer tenants are behind on rent. By viewing tenant payment history, she knows exactly when and how much tenants have paid.
Delia chose Flare Cloud Accounting because he could:
- Manage finances for multiple rental properties from one login.
- Send recurring rent invoices to tenants.
- Invite tenants to view online statements and make payments online.
- Track revenue by tenant over time.
- Track rental property income and expenses.
- Create income, revenue and profit goals with an easy-to-use budget.
Dwight- Private Real Estate Agent
As a private real estate agent, Dwight values anything that saves him time. Between showing homes, meeting clients and managing his own business finances, Dwight had no time left for family, friends or himself. Before Flare, administrative tasks like invoicing and financial record keeping were consuming too much time. Dwight knew that if he had an efficient way to manage his business’s finances in one place, he could have more time for life.
Then, Dwight Got Flare
Dwight tried a free trial of Flare and was immediately hooked. He had used other accounting applications that seemed to be made for finance professionals, but found these hard to use and confusing. Flare, on the other hand, was easy to use and intuitive. It took him minutes to set up his company. Creating and sending invoices is a snap! He uses Flare’s budgeting tool to plan his business’s financial growth and can easily compare projected income, expenses and profit to actual performance. Now, Dwight feels less stressed about finances and has more time for family.
Dwight chose Flare Cloud Accounting because he could:
- Use it without having financial management experience.
- Create and send professional invoices.
- Accept payments online.
- Create a budget and project financial growth.
- Use Flare from home or while on the road.
- Invite his bookkeeper at tax time.
Valerie – Vacation Rental Owner
Valerie has several vacation rental properties that she rents year round. Business was good until she started having cash flow problems. She couldn’t understand why, because her properties were never vacant! Because she was handing records and receipts over to her bookkeeper and had no financial management system in place, she had no visibility into her business’s finances. She needed to understand her business finances and get a handle on cash flow issues before they got out of hand.
Then, Valerie Got Flare
Valerie manages all of her vacation rental properties from one Flare account login. She can view income, expenses and profit for each property from Flare’s dashboard and can view expense trends over time. Using Flare’s vendor expense tracking allowed Valerie to spot the reason for her cash flow problem. She had too many advertising expenses that weren’t resulting in rental revenue. Valerie re-evaluated her advertising expenses and sought cheaper advertising solutions that didn’t drain cash.
Valerie chose Flare Cloud Accounting because she could:
- Manage finances of multiple vacation rental properties from one Flare login.
- Monitor financial performance at a glance from Flare’s dashboard.
- Identify and reduce wasteful expenditures.
- Invite vacation rental customers to pay online.
- Access Flare online – anywhere, anytime.
- Invite her accountant at tax time.