We are very attentive with money issues.
As property managers it is our solemn charge to keep close track on every penny of income and each expense. All of us work relentlessly to make sure that every property owner has the documentation to see exactly where is money is going to and coming from. To accomplish this duty we work with 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 rental income as well as any bills that we have paid on the landlord's behalf. The monthly statement is also available electronically. The statement will show what reserves we are holding on behalf of the rental 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. At the end of the year, we compile the monthly statements into a year-end statement. In January we mail the landlords, and to the IRS, a 1099 stating the income for the rental property. Use the 1099 to prepare your taxes or simply give the 1099 to your tax preparer.
Calvert_Court Property Management Resources
Basics
Elementary info about what rental managment in Calvert_Court.
Getting Started
Learn more about getting started with property management
Find A Tenant
Market your property to rent to find a dependable renter in Calvert_Court fast.
Accounting
How does Nesbitt Realty keep track of income and expenses for property owners?
Cost
An overview of fees associated with rental management services in Calvert_Court
Vetting
How Nesbitt Realty checks the backgrounds of 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.
Do you need know more about our community?
Nesbitt Realty's Guide to Real Estate is a helpful resource for everyone who hopes to learn more about Calvert_Court and neighboring areas. The Guide to Real Estate includes data regarding what has sold and what is on the market, and many interesting facts that you may not know. Also, our Guide spotlights some elements of living in Calvert_Court. As a matter of course, all of this is interesting for buyers and sellers, but rental investors and renters will likely also find the facts to be quite sobering.