Each month you receive a financial statement showing money collected -- mainly, rent and security deposit that paid when the agreement is signed. There may be also recoverable costs on energy, water, Internet connection; insurance payouts, or refund of excessive advance payments.
You will also find in the statement any disbursements that have been made. Items of expenditure are utility bills, Internet connection payment, energy cost if it’s included in rent rate. Here you can see agreed with the owner acquisitions or repair of furniture, equipment repairs or components were bought. Another cost item is ClubRentals fee.
The sum resulted from consolidation of income and costs is transferred to the owner’s account or may be handed over to you in cash.
If agreement terms state so, ClubRental may not to get rent payments, providing only services connected with tenancy. In that case you won’t find income part in your statement, with only itemized expenses to pay being showing to owner.