We are especially attentive with fiduciary issues.
As rental property managers it is our duty to keep close track on every cent of income and each expense. Our team work hard to make sure that each property owner has the opportunity to see exactly where is income is going to and coming from. To accomplish this duty we work with one of the most powerful programs in the management business: 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 states the rent received as well as any bills which we have paid on the landlord's behalf. The monthly statement is also available electronically. The monthly statement will show what monies we are holding on behalf of the rental investor.
There is no additional charge for the reports or the accounting. In addition, Nesbitt Realty never pads the price on the repairs, nor do we charge a fee per repair. At the end of the year, we organize the monthly reports into a year-end report. In January we mail the rental 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.
Manors_At_Stonegate Rental Management Resources
Basics
Basic info about what management services in Manors_At_Stonegate.
Getting Started
Learn more about getting started with rental property management
Find A Tenant
List your property to rent to find a reliable tenant in Manors_At_Stonegate fast.
Accounting
How does Nesbitt Realty keep track of income and expenses for property owners?
Cost
An overview of prices of rental management services in Manors_At_Stonegate
Vetting
How Nesbitt Realty vets renters for landlords.
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 know more about our local real estate market?
Nesbitt Realty's Guide to Real Estate is a helpful tool for everyone who hopes to review important real estate information about Manors_At_Stonegate and nearby communities. The Guide to Real Estate includes facts regarding what has sold and what is for sale, as well as some shocking facts that you might not be aware of. Furthermore, our Guide spotlights quite a few of the elements of residing in Manors_At_Stonegate. As a matter of course, most of this is helpful for buyers and sellers, but owners and renters will also find these tools to be quite informative.