We are especially precise about financial details.
As property managers it is our duty to account for every penny of rent and each expense. Our team work hard to make sure that every property owner has the tools and paperwork to understand exactly where is money is going to and coming from. To accomplish this duty we employ one of the most powerful programs 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 shows the rental income as well as any expenses which we have paid on the landlord's behalf. The monthly statement is also available electronically. The monthly statement will show what funds we are holding on behalf of the property owner.
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. At the end of the year, we organize the monthly statements into a year-end statement. In January we send to the landlords, 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.
Jefferson_Residential_Retirement_Community Rental Management Resources
Basics
Fundamental info regarding management services in Jefferson_Residential_Retirement_Community.
Getting Started
Learn more about getting started with property management
Find A Tenant
Market your property to rent to find a great renter in Jefferson_Residential_Retirement_Community fast.
Accounting
How does Nesbitt Realty keep track of income and expenses for property owners?
Cost
An overview of prices of rental management in Jefferson_Residential_Retirement_Community
Vetting
How Nesbitt Realty checks the backgrounds of tenants for our clients.
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 want understand more about our area?
Our Guide to Real Estate is a helpful tool for everyone who hopes to investigate real estate facts about Jefferson_Residential_Retirement_Community and nearby areas. The Guide to Real Estate provides facts about what has sold and what is for sale, as well as a few surprising facts that you may not know. Not to mention, our Guide spotlights some assets of living in Jefferson_Residential_Retirement_Community. As a matter of course, most of this is interesting for purchasers and sellers, but property owners and tenants should also find these resources to be quite edifying.