We are especially conscientious regarding fiduciary details.
As rental property managers it is our duty to keep close track on every penny of income and each expense. Our team work hard to make sure that every property owner has the opportunity to know exactly where is income is going to and coming from. To accomplish this duty we use one of the most powerful programs in our profession: Rent Manager.
We usually 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 online. The statement will describe what monies we are holding on behalf of the real estate investor.
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 organize the monthly statements into a year-end report. In January we send to the rental property owners, and to the IRS, a 1099 stating the income for the rental. Use the 1099 to prepare your taxes or simply hand the 1099 to your tax preparer.
Golf_Club_Manor_Reynolds Rental Management Resources
Basics
Fundamental information regarding rental managment in Golf_Club_Manor_Reynolds.
Getting Started
Learn more about getting started with property management
Find A Tenant
Market your property to rent to find a dependable tenant in Golf_Club_Manor_Reynolds fast.
Accounting
How does Nesbitt Realty keep track of income and expenses for real estate investors?
Cost
An overview of fees associated with property management services in Golf_Club_Manor_Reynolds
Vetting
How Nesbitt Realty vets tenants for landlords.
Reserves
What is a contingency reserve account?
Territory
Where does Nesbitt Realty manage 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 want know more about this community?
Our Guide to Real Estate is a helpful resource for everyone who needs to investigate real estate facts about Golf_Club_Manor_Reynolds and neighboring communities. The Guide to Real Estate includes data about what has sold and what is currently listed, as well as a couple of compelling facts that you may not be aware of. Furthermore, our Guide has some benefits of life in Golf_Club_Manor_Reynolds. Of course, most of this is helpful for purchasers and sellers, but real estate investors and renters will probably also find this information to be quite enlightening.