We are very serious about accounting matters.
As rental property managers it is our duty to keep close track on every penny of rent and each expense. Our staff work hard to ensure that each property owner has the opportunity to know exactly where is money is going to and coming from. To accomplish this task we use one of the most powerful programs in our profession: Rent Manager.
It is our practice to process and deposit rents on the same day they are received. Funds are deposited into an escrow account (not into our operating account). We prepare a monthly statement that states the rent received as well as any bills which we have paid on the property owner's behalf. The monthly statement is also available online. The statement will describe what funds we are holding on behalf of the rental investor.
There is no additional charge for the reports or the accounting. Not to mention, Nesbitt Realty never marks up the repairs, nor do we charge a fee per repair. Annually, we compile the monthly reports into a year-end report. In January we send to the property owners, and to the IRS, a 1099 stating the income for the rental. Use the 1099 to prepare your taxes or simply hand the 1099 to your tax preparer.
Mt Zephyr Park Rental Management Resources
Basics
Basic info about what rental managment in Mt Zephyr Park.
Getting Started
Learn more about getting started with property management
Find A Tenant
List your property to rent to find a reliable tenant in Mt Zephyr Park fast.
Accounting
How does Nesbitt Realty keep track of income and expenses for real estate investors?
Cost
A list of prices of rental management in Mt Zephyr Park
Vetting
How Nesbitt Realty vets renters for property owners.
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.
Should you understand more about the community?
Nesbitt Realty's Guide to Real Estate is a free tool for everyone who wants to investigate real estate facts about Mt Zephyr Park and surrounding areas. The Guide to Real Estate provides facts about what has sold and what is for sale, as well as many surprising facts that you may not know. In addition, our Guide spotlights quite a few of the elements of life in Mt Zephyr Park. As might be expected, most of this is useful for buyers and sellers, but rental investors and renters will probably also find the facts to be somewhat useful.