We are very careful with money issues.
As rental managers it is our solemn charge to account for every cent of income and each expense. Our staff work relentlessly to ensure that each rental investor has the opportunity to know exactly where is money is going to and coming from. To accomplish this task we use one of the most powerful software tools 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 which we have paid on the property owner's behalf. The monthly statement is also available electronically. The statement will show what funds we are holding on behalf of the landlord.
There is no additional charge for the reports or the accounting. Furthermore, 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 statements 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 give the 1099 to your tax preparer.
Sherry_Heights Property Management Resources
Basics
Basic info about what management services in Sherry_Heights.
Getting Started
Learn more about getting started with rental property management
Find A Tenant
Market your property to rent to find a reliable renter in Sherry_Heights fast.
Accounting
How does Nesbitt Realty keep track of income and expenses for real estate investors?
Cost
An overview of fees associated with property management services in Sherry_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 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 community?
Nesbitt Realty's Guide to Real Estate is a handy resource for anyone who wants to learn more about Sherry_Heights and nearby areas. The Guide to Real Estate compiles facts about what has sold and what is for sale, as well as a few shocking facts that you might not know. Also, our Guide features quite a few of the assets of life in Sherry_Heights. As might be expected, most of this is useful for buyers and sellers, but rental investors and renters will likely also find the facts to be somewhat useful.