We are extremely meticulous with money details.
As rental managers it is our duty to account for every penny of rent and each expense. Our team work hard to ensure that each real estate investor has the tools and paperwork to understand exactly where is income is going to and coming from. To accomplish this task we use 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. Funds are deposited into an escrow account (not into our operating account). We prepare a monthly statement that shows the rent received as well as any expenses which we have paid on the rental property owner's behalf. The monthly statement is also available electronically. The statement will show 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 pads the price on the repairs, nor do we charge a fee per repair. Annually, we organize the monthly reports into a year-end report. In January we send to 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 hand the 1099 to your tax preparer.
Crystal_Park_Condo Rental Management Resources
Basics
Elementary information regarding rental managment in Crystal_Park_Condo.
Getting Started
Learn more about getting started with rental property management
Find A Tenant
Market your property to rent to find a reliable renter in Crystal_Park_Condo fast.
Accounting
How does Nesbitt Realty keep track of income and expenses for landlords?
Cost
An overview of fees associated with property management services in Crystal_Park_Condo
Vetting
How Nesbitt Realty checks the backgrounds of renters for landlords.
Reserves
What is a contingency reserve account?
Territory
Where does Nesbitt Realty manage rental investments?
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 our community?
Nesbitt Realty's Guide to Real Estate is a helpful resource for anyone who hopes to investigate real estate facts about Crystal_Park_Condo and nearby areas. The Guide to Real Estate compiles facts regarding what has sold and what is currently listed, and a few interesting facts that you might not be aware of. In addition, our Guide has many of the benefits of residing in Crystal_Park_Condo. Naturally, most of this is interesting for buyers and sellers, but owners and tenants may also find this data to be somewhat useful.