We are extra attentive with financial issues.
As rental managers it is our duty to reconcile every penny of rent and each expense. Our staff work relentlessly to make sure that every rental property owner has the documentation to know exactly where is money is going to and coming from. To accomplish this task we employ one of the most powerful software tools in our profession: Rent Manager.
We usually 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 expenses which we have paid on the landlord's behalf. The monthly statement is also available online. The statement will show what reserves we are holding on behalf of the rental investor.
There is no additional charge for the reports or the accounting. And, Nesbitt Realty never marks up the repairs, nor do we charge a fee per repair. At the end of the year, we compile the monthly reports into a year-end report. In January we mail the rental investors, 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.
Deer_Run_Crossing Property Management Resources
Basics
Basic info about what rental managment in Deer_Run_Crossing.
Getting Started
Learn more about getting started with property management
Find A Tenant
List your property to rent to find a dependable tenant in Deer_Run_Crossing fast.
Accounting
How does Nesbitt Realty keep track of income and expenses for real estate investors?
Cost
A breakdown of prices of rental management services in Deer_Run_Crossing
Vetting
How Nesbitt Realty vets renters for our clients.
Reserves
What is a contingency reserve account?
Territory
Where does Nesbitt Realty manage rental property?
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 the area?
Our Guide to Real Estate is a helpful tool for everyone who needs to learn more about Deer_Run_Crossing and nearby communities. The Guide to Real Estate has data about what has sold and what is for sale, as well as a few compelling facts that you might not be aware of. In addition, our Guide has quite a few of the elements of living in Deer_Run_Crossing. Naturally, most of this is interesting for buyers and sellers, but landlords and tenants may also find this information to be somewhat sobering.