We are extra serious about money details.
As rental managers it is our duty to account for every penny of income and each expense. Our staff work relentlessly to make sure that each real estate investor has the opportunity to know exactly where is money is going to and coming from. To accomplish this task we employ 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 shows the rental income as well as any expenses 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 landlord.
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. At the end of the year, we organize the monthly reports into a year-end statement. 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 give the 1099 to your tax preparer.
Norton_Square Property Management Resources
Basics
Elementary information regarding management services in Norton_Square.
Getting Started
Learn more about getting started with property management
Find A Tenant
Market your property to rent to find a great tenant in Norton_Square fast.
Accounting
How does Nesbitt Realty keep track of income and expenses for property owners?
Cost
A breakdown of fees associated with rental management in Norton_Square
Vetting
How Nesbitt Realty vets renters for our clients.
Reserves
What is a contingency reserve account?
Territory
Where does Nesbitt Realty manage rentals?
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 need know more about our community?
Our Guide to Real Estate is a handy tool for everyone who wants to find out more about Norton_Square and surrounding areas. The Guide to Real Estate has information about what has sold and what is for sale, and many interesting facts that you might not know. Also, our Guide features many of the elements of living in Norton_Square. Yes, most of this is helpful for buyers and sellers, but owners and renters will also find the facts to be very eye-opening.