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Understanding Your First Monthly Statement

What to expect in your first monthly statement β€” what's included, timing, and how to access it.

Updated over a month ago

Your First Monthly Statement

Your first monthly statement from PPM gives you a complete picture of your property's financial activity for the month. Here's how to read it and what to expect.


When Will I Receive It?

Monthly statements are generated after the disbursement is processed β€” typically between the 10th and 15th of each month. You'll receive an email notification when it's available in your owner portal.


What's Included

Your statement shows:

  • Rent received β€” the amount collected from your tenant(s)

  • Management fee β€” PPM's monthly management fee deducted from collected rent

  • Maintenance charges β€” any repairs or vendor costs incurred during the month with descriptions

  • Other charges β€” any leasing fees, owner contributions, or one-time items

  • Net disbursement β€” the amount sent to you via ACH after all deductions

  • Reserve balance β€” your maintenance reserve fund balance


Notes on Your First Statement

Your first statement may look different from subsequent months. Things that commonly appear only in the first month:

  • Leasing fee (if PPM placed your first tenant)

  • Onboarding or setup costs

  • Pro-rated rent if your tenant moved in mid-month

  • Initial maintenance reserve deduction


View in Your Portal

All statements are stored in your owner portal under Statements. You can view, download, and print any statement at any time.


Questions?

If you have questions about a specific line item, email [email protected] and reference the statement date and line item.

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