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Case Study

Recovering $18,000 in Unbilled Owner Expenses Across 55 Luxury Rentals

+12% Profitability Through Expense Recovery

$18K
Revenue Recovered
+12%
Profitability Gain
2%
Unbilled Rate Now

Client Snapshot

Portfolio
55 luxury vacation rental properties
Revenue
$2.8M annual revenue
Leakage Rate
10 to 20% of monthly expenses never billed to owners
Audit Period
12 months of historical expenses reviewed

Challenges

  • Unbilled Expenses
    10 to 20% of monthly expenses never billed back to owners
  • Emergency Repairs Absorbed
    Costs absorbed by management instead of passed through
  • Vendor Invoice Errors
    Cleaning costs untracked and invoices miscategorized

Results

  • Revenue Recovered
    $18,000 annualized through proper owner billing
  • Unbilled Rate
    Reduced from 15% to 2%
  • Profitability
    +12% management company margin with zero new properties
  • Historical Discovery
    $21,300 in unbilled expenses found in 12-month audit

The Solution

A 12-month audit revealed $21,300 in unbilled expenses. FinAccurex implemented proper owner billing workflows, expense categorization standards, and vendor invoice tracking.

The unbilled expense rate dropped from 10 to 20% down to just 2%, recovering $18,000 in annualized revenue and improving management company profitability by 12% with zero new properties added.

Is This Your Situation?

  • Part of each month's expenses is never billed back to owners.
  • Vendor invoices are miscategorized, and cleaning costs are not tracked per property.
  • Emergency repairs are absorbed by the management company instead of passed through.

Service Used

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