We are very precise about fiduciary matters.
As rental property managers it is our solemn charge to account for every penny of rent and each expense. All of us work relentlessly to make sure that every real estate investor has the documentation to see exactly where is income is going to and coming from. To accomplish this task we employ one of the most powerful software tools in our profession: 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 expenses that we have paid on the property owner's behalf. The monthly statement is also available online. The monthly report will show what funds we are holding on behalf of the landlord.
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. Annually, we compile the monthly reports into a year-end report. In January we mail the real estate investors, and to the IRS, a 1099 stating the income for the rental property. Use the 1099 to prepare your taxes or simply hand the 1099 to your tax preparer.
Arlington_Ridge_Road Property Management Resources
Basics
Elementary info regarding property management in Arlington_Ridge_Road.
Getting Started
Learn more about getting started with rental property management
Find A Tenant
Market your property to rent to find a dependable tenant in Arlington_Ridge_Road fast.
Accounting
How does Nesbitt Realty keep track of income and expenses for property owners?
Cost
A list of prices of rental management services in Arlington_Ridge_Road
Vetting
How Nesbitt Realty vets renters for landlords.
Reserves
What is a contingency reserve account?
Territory
Where does Nesbitt Realty manage rental 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 need understand more about this community?
Our Guide to Real Estate is a handy resource for anyone who wants to review important real estate information about Arlington_Ridge_Road and surrounding areas. The Guide to Real Estate includes information about what has sold and what is currently listed, and some shocking facts that you may not know. Not to mention, our Guide features quite a few of the fundamentals of life in Arlington_Ridge_Road. Naturally, all of this is interesting for purchasers and sellers, but property owners and renters will also find this information to be somewhat informative.