We are very precise about money details.
As property managers it is our duty to account for every cent of rent and each expense. Our team work diligently to make sure that every real estate investor has the opportunity to understand exactly where is money is going to and coming from. To accomplish this duty we use one of the most powerful software tools in the management business: Rent Manager.
We strive 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 states the rent received as well as any expenses that we have paid on the landlord's behalf. The monthly statement is also available electronically. The monthly report will show what monies we are holding on behalf of the 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 compile the monthly reports into a year-end statement. In January we send to 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 hand the 1099 to your tax preparer.
Dundree_Hill_Townhomes_Condominium Rental Management Resources
Basics
Elementary info regarding rental managment in Dundree_Hill_Townhomes_Condominium.
Getting Started
Learn more about getting started with property management
Find A Tenant
Market your property to rent to find a reliable tenant in Dundree_Hill_Townhomes_Condominium fast.
Accounting
How does Nesbitt Realty keep track of income and expenses for real estate investors?
Cost
A list of fees associated with rental management services in Dundree_Hill_Townhomes_Condominium
Vetting
How Nesbitt Realty vets tenants for property owners.
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 resource for anyone who wants to find out more about Dundree_Hill_Townhomes_Condominium and neighboring areas. The Guide to Real Estate compiles information regarding what has sold and what is currently listed, as well as a few interesting facts that you might not know. Furthermore, our Guide spotlights quite a few of the fundamentals of residing in Dundree_Hill_Townhomes_Condominium. As might be expected, all of this is interesting for purchasers and sellers, but property owners and renters may also find these tools to be very informative.