We are extra careful with financial matters.
As rental property managers it is our solemn charge to account for every cent of rent and each expense. Our staff work diligently to make sure that every landlord has the documentation to see exactly where is money is going to and coming from. To accomplish this duty we employ one of the most powerful programs in our profession: 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 expenses that we have paid on the landlord's behalf. The monthly statement is also available electronically. The monthly report will show 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 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 landlords, 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.
S_Cooper_Dawson Rental Management Resources
Basics
Fundamental information about what management services in S_Cooper_Dawson.
Getting Started
Learn more about getting started with property management
Find A Tenant
Market your property to rent to find a great renter in S_Cooper_Dawson fast.
Accounting
How does Nesbitt Realty keep track of income and expenses for property owners?
Cost
An overview of fees associated with rental management in S_Cooper_Dawson
Vetting
How Nesbitt Realty checks the backgrounds of tenants 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 the local real estate market?
Nesbitt Realty's Guide to Real Estate is a handy tool for everyone who hopes to learn more about S_Cooper_Dawson and neighboring communities. The Guide to Real Estate includes data regarding what has sold and what is for sale, and many shocking facts that you may not be aware of. Not to mention, our Guide spotlights quite a few of the aspects of residing in S_Cooper_Dawson. Certainly, all of this is interesting for buyers and sellers, but owners and tenants will likely also find the facts to be somewhat eye-opening.