We are extremely meticulous with money matters.
As property managers it is our solemn charge to keep close track on every penny of rent and each expense. Our staff work hard 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 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 shows the rent received as well as any bills which we have paid on the rental property owner's behalf. The monthly statement is also available online. The monthly statement will show what funds we are holding on behalf of the real estate investor.
There is no additional charge for the reports or the accounting. And, Nesbitt Realty never marks up the repairs, nor do we charge a fee per repair. At the end of the year, we organize 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 property. Use the 1099 to prepare your taxes or simply hand the 1099 to your tax preparer.
Century_South_Or_the_Brittany Rental Management Resources
Basics
Elementary information regarding rental managment in Century_South_Or_the_Brittany.
Getting Started
Learn more about getting started with rental property management
Find A Tenant
List your property to rent to find a dependable tenant in Century_South_Or_the_Brittany fast.
Accounting
How does Nesbitt Realty keep track of income and expenses for property owners?
Cost
A breakdown of fees associated with rental management services in Century_South_Or_the_Brittany
Vetting
How Nesbitt Realty vets tenants for property owners.
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 understand more about the area?
Nesbitt Realty's Guide to Real Estate is a handy tool for everyone who hopes to find out more about Century_South_Or_the_Brittany and nearby areas. The Guide to Real Estate has facts regarding what has sold and what is for sale, as well as a couple of shocking facts that you might not know. Furthermore, our Guide has many of the fundamentals of living in Century_South_Or_the_Brittany. Yes, all of this is interesting for buyers and sellers, but owners and renters might also find these resources to be very useful.