We are especially attentive with fiduciary matters.
As property managers it is our solemn charge to keep close track on every penny of income and each expense. Our team work relentlessly to ensure that every rental property owner has the opportunity to understand exactly where is income is going to and coming from. To accomplish this task we employ one of the most powerful programs in our profession: Rent Manager.
We always try to process and deposit rents on the same day they are received. Rents are deposited into an escrow account (not into our operating account). We prepare a monthly statement that shows the rent received as well as any bills which we have paid on the landlord's behalf. The monthly statement is also available online. The monthly statement will describe what monies we are holding on behalf of the rental investor.
There is no additional charge for the reports or the accounting. Furthermore, Nesbitt Realty never pads the price on the repairs, nor do we charge a fee per repair. At the end of the year, we compile the monthly statements into a year-end report. In January we mail the property owners, and to the IRS, a 1099 stating the income for the rental property. Use the 1099 to prepare your taxes or simply hand the 1099 to your tax preparer.
Brookville_townhomes Property Management Resources
Basics
Elementary info regarding rental managment in Brookville_townhomes.
Getting Started
Learn more about getting started with property management
Find A Tenant
List your property to rent to find a dependable tenant in Brookville_townhomes fast.
Accounting
How does Nesbitt Realty keep track of income and expenses for property owners?
Cost
An overview of fees associated with rental management services in Brookville_townhomes
Vetting
How Nesbitt Realty vets tenants for landlords.
Reserves
What is a contingency reserve account?
Territory
Where does Nesbitt Realty manage rental investments?
Clients
Who uses Nesbitt Realty management services?
Your investment in real estate is a business like any other. As a landlord, you have expenses, income and with perseverance, you also have the expectation of financial reward.
In the business of real estate investment, nearly all cashflow comes from tenants. And that's the catch: If you have tenants, you will have problems. Even the best of tenants have needs and all properties will require maintenance or management at some point. A property management company takes all the hassle out of rental management.
Do you want understand more about our local real estate market?
Our Guide to Real Estate is a helpful resource for anyone who wants to investigate real estate facts about Brookville_townhomes and surrounding areas. The Guide to Real Estate includes facts regarding what has sold and what is for sale, as well as many shocking facts that you may not be aware of. Not to mention, our Guide features some assets of residing in Brookville_townhomes. Yes, most of this is helpful for purchasers and sellers, but real estate investors and tenants might also find these resources to be somewhat sobering.