We are especially meticulous with fiduciary issues.
As rental property managers it is our solemn charge to keep close track on every penny of income and each expense. Our staff work hard to ensure that each rental investor has the opportunity to understand exactly where is money is going to and coming from. To accomplish this task we employ one of the most powerful software tools in the management business: Rent Manager.
We strive 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 shows the rental income as well as any bills which we have paid on the property owner's behalf. The monthly statement is also available electronically. The statement will describe what funds we are holding on behalf of the property owner.
There is no additional charge for the reports or the accounting. And, Nesbitt Realty never pads the price on the repairs, nor do we charge a fee per repair. Annually, we compile the monthly statements into a year-end statement. In January we mail the rental property owners, and to the IRS, a 1099 stating the income for the property. Use the 1099 to prepare your taxes or simply hand the 1099 to your tax preparer.
Gregory_Heights Property Management Resources
Basics
Basic info regarding rental managment in Gregory_Heights.
Getting Started
Learn more about getting started with rental property management
Find A Tenant
List your property to rent to find a great tenant in Gregory_Heights fast.
Accounting
How does Nesbitt Realty keep track of income and expenses for real estate investors?
Cost
An overview of fees associated with rental management services in Gregory_Heights
Vetting
How Nesbitt Realty checks the backgrounds of renters for our clients.
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 the community?
Our Guide to Real Estate is a handy resource for everyone who wants to find out more about Gregory_Heights and nearby communities. The Guide to Real Estate includes facts about what has sold and what is for sale, as well as a few compelling facts that you might not be aware of. Also, our Guide features many of the aspects of living in Gregory_Heights. Of course, all of this is interesting for purchasers and sellers, but owners and tenants will probably also find the facts to be very useful.