We are especially serious about money details.
As property managers it is our duty to keep close track on every cent of income and each expense. All of us work relentlessly to make sure that each real estate investor has the opportunity to understand exactly where is income is going to and coming from. To accomplish this task we employ 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. Rents are deposited into an escrow account (not into our operating account). We prepare a monthly statement that states the rental income as well as any expenses which we have paid on the rental investor's behalf. The monthly statement is also available online. The monthly report will describe what reserves we are holding on behalf of the rental investor.
There is no additional charge for the reports or the accounting. Not to mention, Nesbitt Realty never marks up the repairs, nor do we charge a fee per repair. Annually, we organize the monthly reports into a year-end statement. In January we send to the rental property owners, and to the IRS, a 1099 stating the income for the rental property. Use the 1099 to prepare your taxes or simply hand the 1099 to your tax preparer.
Sulgrave_Manor Rental Management Resources
Basics
Fundamental info regarding rental managment in Sulgrave_Manor.
Getting Started
Learn more about getting started with property management
Find A Tenant
List your property to rent to find a reliable tenant in Sulgrave_Manor fast.
Accounting
How does Nesbitt Realty keep track of income and expenses for landlords?
Cost
A list of fees associated with property management services in Sulgrave_Manor
Vetting
How Nesbitt Realty vets tenants for property owners.
Reserves
What is a contingency reserve account?
Territory
Where does Nesbitt Realty manage rental investments?
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 helpful tool for everyone who wants to find out more about Sulgrave_Manor and neighboring areas. The Guide to Real Estate includes information regarding what has sold and what is on the market, as well as a few surprising facts that you may not know. Also, our Guide features quite a few of the assets of life in Sulgrave_Manor. Of course, all of this is interesting for purchasers and sellers, but real estate investors and renters will also find the facts to be quite sobering.