We are very precise about fiduciary details.
As rental managers it is our duty to reconcile every penny of rent and each expense. Our staff work hard to make sure that every landlord has the documentation to understand exactly where is income is going to and coming from. To accomplish this duty we employ one of the most powerful software tools in the management business: Rent Manager.
We usually 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 rent received as well as any bills that we have paid on the property owner's behalf. The monthly statement is also available online. The statement will show what reserves we are holding on behalf of the property owner.
There is no additional charge for the reports or the accounting. Furthermore, 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 report. In January we mail the real estate investors, 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.
Stonegate Highpointe Property Management Resources
Basics
Elementary information regarding rental managment in Stonegate Highpointe.
Getting Started
Learn more about getting started with rental property management
Find A Tenant
List your property to rent to find a reliable renter in Stonegate Highpointe 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 Stonegate Highpointe
Vetting
How Nesbitt Realty checks the backgrounds of renters for landlords.
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 want know more about our area?
Nesbitt Realty's Guide to Real Estate is a free resource for everyone who wants to review important real estate information about Stonegate Highpointe and nearby areas. The Guide to Real Estate includes facts about what has sold and what is on the market, as well as some surprising facts that you may not be aware of. Not to mention, our Guide features many of the fundamentals of life in Stonegate Highpointe. Yes, most of this is helpful for buyers and sellers, but real estate investors and tenants will probably also find these tools to be very eye-opening.