We are especially conscientious regarding money issues.
As rental managers it is our solemn charge to keep close track on every cent of rent and each expense. Our team work diligently to make sure that each real estate investor has the tools and paperwork 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.
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 rental income as well as any bills that we have paid on the rental property owner's behalf. The monthly statement is also available online. The monthly statement will show what monies we are holding on behalf of the rental property owner.
There is no additional charge for the reports or the accounting. And, 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 mail the landlords, and to the IRS, a 1099 stating the income for the rental. Use the 1099 to prepare your taxes or simply give the 1099 to your tax preparer.
The_best_location_ Walk_to_23rd_st Rental Management Resources
Basics
Fundamental information about what rental managment in The_best_location_ Walk_to_23rd_st.
Getting Started
Learn more about getting started with rental property management
Find A Tenant
List your property to rent to find a great tenant in The_best_location_ Walk_to_23rd_st fast.
Accounting
How does Nesbitt Realty keep track of income and expenses for real estate investors?
Cost
A breakdown of prices of property management services in The_best_location_ Walk_to_23rd_st
Vetting
How Nesbitt Realty checks the backgrounds of tenants for property owners.
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 the local real estate market?
Our Guide to Real Estate is a free tool for anyone who wants to investigate real estate facts about The_best_location_ Walk_to_23rd_st and neighboring areas. The Guide to Real Estate includes data about what has sold and what is currently listed, as well as some surprising facts that you may not know. And, our Guide features quite a few of the assets of life in The_best_location_ Walk_to_23rd_st. As a matter of course, most of this is useful for buyers and sellers, but property owners and tenants might also find this information to be somewhat informative.