We are extra attentive with financial matters.
As property managers it is our solemn charge to reconcile every penny of rent and each expense. Our staff work relentlessly to ensure that each property owner has the documentation to see exactly where is income is going to and coming from. To accomplish this duty we use one of the most powerful programs in the management business: Rent Manager.
It is our practice 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 rent received as well as any expenses that we have paid on the landlord's behalf. The monthly statement is also available online. The statement will describe what monies we are holding on behalf of the rental property owner.
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. At the end of the year, we compile the monthly reports into a year-end report. In January we mail the 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.
Carlyle_towers Property Management Resources
Basics
Fundamental info about what rental managment in Carlyle_towers.
Getting Started
Learn more about getting started with rental property management
Find A Tenant
Market your property to rent to find a dependable renter in Carlyle_towers fast.
Accounting
How does Nesbitt Realty keep track of income and expenses for real estate investors?
Cost
A breakdown of prices of property management services in Carlyle_towers
Vetting
How Nesbitt Realty checks the backgrounds of tenants for landlords.
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 need understand more about this area?
Nesbitt Realty's Guide to Real Estate is a handy tool for everyone who wants to find out more about Carlyle_towers and neighboring communities. The Guide to Real Estate has data about what has sold and what is on the market, and a couple of shocking facts that you may not know. In addition, our Guide has some elements of residing in Carlyle_towers. Of course, most of this is helpful for purchasers and sellers, but rental investors and tenants will also find this data to be somewhat sobering.