We are extremely meticulous with money issues.
As property managers it is our solemn charge to reconcile every penny of income and each expense. Our team work hard to ensure that every rental property owner has the documentation to see 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 electronically. 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 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 property. Use the 1099 to prepare your taxes or simply give the 1099 to your tax preparer.
Sentinel_of_landmark Rental Management Resources
Basics
Elementary information about what rental managment in Sentinel_of_landmark.
Getting Started
Learn more about getting started with property management
Find A Tenant
List your property to rent to find a dependable renter in Sentinel_of_landmark fast.
Accounting
How does Nesbitt Realty keep track of income and expenses for landlords?
Cost
A breakdown of prices of property management services in Sentinel_of_landmark
Vetting
How Nesbitt Realty vets tenants 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.
Should you understand more about the area?
Our Guide to Real Estate is a helpful tool for anyone who hopes to learn more about Sentinel_of_landmark and nearby areas. The Guide to Real Estate has facts about what has sold and what is currently listed, as well as a couple of compelling facts that you might not know. Not to mention, our Guide highlights quite a few of the aspects of residing in Sentinel_of_landmark. As a matter of course, all of this is helpful for purchasers and sellers, but rental investors and renters should also find this data to be somewhat sobering.