CASE STUDIES

Real Portfolios. Measurable Accounting Outcomes.

Seven US property management clients across residential, affordable housing and commercial portfolios, and what changed after they moved their accounting to Karma.
7
Client engagements documented
10,000+
Units in our largest residential engagement
3.2M sq ft
In our largest commercial engagement
Up to 50%
Cost efficiency vs. a fully US-based team
Portfolio type
Showing 7 of 7 cases
CASE 01
Residential
They Kept the In-House Team and Removed the Bottleneck
A two-person in-house team kept oversight while Karma took over execution, pulling month-end close from the last day of the month to before the 15th.
~1,100
Residential units
By 15th
Month-end close, down from end of month
O
Additional internal hires
CASE 02
Residential
Replacing Three Junior Accountants with One Outsourced Team
An AppFolio operator replaced high-turnover junior roles with one dedicated outsourced team and freed its senior controller to focus on review.
~800
Residential units
30–40%
Cost savings achieved
3 → 1
Junior roles replaced by one team
CASE 03
Residential
Scaling from 10 Units to 150+ Without Hiring
A Buildium portfolio grew 15x in 18 months while AP and reconciliations scaled on Karma workflows, without a single new hire.
15x
Portfolio growth
18 mo
From 10 to 150+ units
O
Additional hires
CASE 04
Residential
Affordable Housing
10,000+ Units Managed with a Lean Leadership Team
A mixed market-rate and LIHTC portfolio runs accounting, compliance and FP&A through Karma, supported by a three-person onshore leadership team.
~10,000
Residential units
~50%
Cost efficiency vs. a fully US-based team
10+
Accounting and finance roles avoided
CASE 05
Residential
Fully Outsourced Accounting and No Controller
A founder-led AppFolio operator runs end-to-end accounting through Karma, with no controller and no in-house accounting staff.
~230
Residential units
100%
Accounting operations outsourced
O
Internal accounting hires
CASE 06
Commercial
CAM Standardization Led to Full-Time Outsourced Accounting
A CAM standardization project across NNN, Gross and Modified Gross leases grew into a long-term, end-to-end accounting partnership.
~1.5M
Square feet
3
Lease structures on one CAM method
2 phases
CAM project, then full accounting
CASE 07
Commercial
From Temporary Relief to Fully Outsourced Accounting at 3.2 Million Square Feet
A commercial operator brought Karma in for short-term AP relief, then moved to a fully outsourced accounting model on the strength of the results.
~3.2M
Square feet
6
Functions now outsourced
O
Additional hires

Could your portfolio be case study #8?

Tell us your PMS, unit count and current close timeline. We’ll map out what an outsourced accounting model would look like for your team.