We are especially meticulous with money details.
As rental managers it is our solemn charge to account for every penny of rent and each expense. All of us work relentlessly to ensure that every rental investor has the opportunity to see exactly where is income is going to and coming from. To accomplish this task we work with one of the most powerful programs in our profession: 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 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 statement will show what reserves we are holding on behalf of the real estate investor.
There is no additional charge for the reports or the accounting. Also, Nesbitt Realty never marks up the repairs, nor do we charge a fee per repair. Annually, we organize the monthly statements into a year-end report. In January we mail the property owners, 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.
Carlin_Ridge Property Management Resources
Basics
Elementary info about what property management in Carlin_Ridge.
Getting Started
Learn more about getting started with property management
Find A Tenant
List your property to rent to find a reliable renter in Carlin_Ridge fast.
Accounting
How does Nesbitt Realty keep track of income and expenses for real estate investors?
Cost
An overview of prices of property management services in Carlin_Ridge
Vetting
How Nesbitt Realty vets tenants for our clients.
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.
Should you know more about our local real estate market?
Nesbitt Realty's Guide to Real Estate is a handy resource for anyone who wants to investigate real estate facts about Carlin_Ridge and neighboring areas. The Guide to Real Estate includes data about what has sold and what is currently listed, and some interesting facts that you may not be aware of. In addition, our Guide highlights many of the fundamentals of living in Carlin_Ridge. Yes, all of this is useful for purchasers and sellers, but property owners and tenants might also find these resources to be quite sobering.