We are extremely precise about money issues.
As rental property managers it is our solemn charge to reconcile every penny of rent and each expense. All of us work hard to make sure that each real estate investor has the opportunity to see exactly where is income is going to and coming from. To accomplish this task we use one of the most powerful programs in our profession: 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 states the rent received as well as any expenses which we have paid on the property owner's behalf. The monthly statement is also available electronically. The statement will describe what reserves we are holding on behalf of the real estate investor.
There is no additional charge for the reports or the accounting. Not to mention, Nesbitt Realty never marks up the repairs, nor do we charge a fee per repair. Annually, we organize the monthly statements into a year-end report. In January we mail 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 give the 1099 to your tax preparer.
Century_South_Or_the_Brittany Property Management Resources
Basics
Fundamental information about what management services in Century_South_Or_the_Brittany.
Getting Started
Learn more about getting started with property management
Find A Tenant
List your property to rent to find a great tenant in Century_South_Or_the_Brittany fast.
Accounting
How does Nesbitt Realty keep track of income and expenses for landlords?
Cost
A breakdown of fees associated with rental management in Century_South_Or_the_Brittany
Vetting
How Nesbitt Realty vets tenants 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 want understand more about our local real estate market?
Our Guide to Real Estate is a free resource for everyone who needs to investigate real estate facts about Century_South_Or_the_Brittany and neighboring areas. The Guide to Real Estate provides information regarding what has sold and what is for sale, as well as a few surprising facts that you may not be aware of. Also, our Guide highlights quite a few of the benefits of life in Century_South_Or_the_Brittany. Certainly, most of this is helpful for purchasers and sellers, but property owners and renters will also find these tools to be somewhat informative.