We are extra serious about money issues.
As rental managers it is our solemn charge to reconcile every penny of rent and each expense. Our team work hard to make sure that each landlord has the opportunity to know exactly where is income 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. Rents are deposited into an escrow account (not into our operating account). We prepare a monthly statement that states the rent received as well as any expenses that we have paid on the rental investor's behalf. The monthly statement is also available electronically. The monthly report will describe what monies we are holding on behalf of the landlord.
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 organize the monthly reports into a year-end report. In January we mail the rental investors, 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.
The_Henry Rental Management Resources
Basics
Fundamental info regarding property management in The_Henry.
Getting Started
Learn more about getting started with property management
Find A Tenant
List your property to rent to find a dependable renter in The_Henry fast.
Accounting
How does Nesbitt Realty keep track of income and expenses for real estate investors?
Cost
A list of fees associated with rental management services in The_Henry
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.
Should you know more about this local real estate market?
Nesbitt Realty's Guide to Real Estate is a handy tool for everyone who needs to review important real estate information about The_Henry and surrounding areas. The Guide to Real Estate compiles information regarding what has sold and what is on the market, and a couple of surprising facts that you might not know. In addition, our Guide has quite a few of the fundamentals of life in The_Henry. As a matter of course, most of this is helpful for purchasers and sellers, but owners and tenants will probably also find the facts to be very enlightening.