We are especially meticulous with money matters.
As rental property managers it is our solemn charge to reconcile every cent of rent and each expense. All of us work diligently to make sure that every rental investor has the documentation to understand exactly where is money is going to and coming from. To accomplish this duty we work with one of the most powerful software tools in the management business: Rent Manager.
We always try 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 rental income as well as any bills that we have paid on the rental investor's behalf. The monthly statement is also available online. The statement will show what monies we are holding on behalf of the property owner.
There is no additional charge for the reports or the accounting. Also, 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 statement. In January we mail the real estate investors, 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.
Arlington Ridge Property Management Resources
Basics
Fundamental info about what property management in Arlington Ridge.
Getting Started
Learn more about getting started with rental property management
Find A Tenant
Market your property to rent to find a reliable tenant in Arlington Ridge fast.
Accounting
How does Nesbitt Realty keep track of income and expenses for landlords?
Cost
An overview of prices of rental management services in Arlington Ridge
Vetting
How Nesbitt Realty vets renters for our clients.
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 need understand more about the area?
Nesbitt Realty's Guide to Real Estate is a handy tool for anyone who wants to learn more about Arlington Ridge and surrounding areas. The Guide to Real Estate provides information about what has sold and what is for sale, and some shocking facts that you may not know. In addition, our Guide highlights some aspects of life in Arlington Ridge. Definitely, most of this is interesting for purchasers and sellers, but landlords and renters will also find this data to be very informative.