We are extremely conscientious regarding money issues.
As rental managers it is our solemn charge to keep close track on every cent of income and each expense. All of us work hard to ensure that every rental investor has the documentation to see exactly where is money is going to and coming from. To accomplish this task we employ one of the most powerful software tools in our profession: Rent Manager.
It is our practice 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 rent received as well as any bills which we have paid on the 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 rental 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 reports into a year-end report. In January we send to 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.
Cambridge_courts Property Management Resources
Basics
Basic info about what rental managment in Cambridge_courts.
Getting Started
Learn more about getting started with property management
Find A Tenant
List your property to rent to find a great renter in Cambridge_courts 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 Cambridge_courts
Vetting
How Nesbitt Realty checks the backgrounds of renters for property owners.
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 want know more about this community?
Nesbitt Realty's Guide to Real Estate is a helpful tool for everyone who hopes to investigate real estate facts about Cambridge_courts and nearby communities. The Guide to Real Estate has facts regarding what has sold and what is currently listed, and a couple of shocking facts that you may not know. Not to mention, our Guide highlights many of the elements of living in Cambridge_courts. Of course, most of this is helpful for buyers and sellers, but owners and tenants will also find these tools to be somewhat informative.