We are especially serious about money matters.
As rental managers it is our duty to reconcile every penny of income and each expense. Our team work hard to make sure that every landlord has the tools and paperwork to understand exactly where is money is going to and coming from. To accomplish this task we employ one of the most powerful software tools in the management business: Rent Manager.
We usually 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 rent received as well as any bills which we have paid on the rental property owner's behalf. The monthly statement is also available online. The monthly statement will describe what reserves we are holding on behalf of the property owner.
There is no additional charge for the reports or the accounting. In addition, 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 statement. In January we send to the rental property owners, and to the IRS, a 1099 stating the income for the rental property. Use the 1099 to prepare your taxes or simply give the 1099 to your tax preparer.
Palisade_Gardens Rental Management Resources
Basics
Basic information about what management services in Palisade_Gardens.
Getting Started
Learn more about getting started with property management
Find A Tenant
List your property to rent to find a dependable renter in Palisade_Gardens fast.
Accounting
How does Nesbitt Realty keep track of income and expenses for landlords?
Cost
An overview of fees associated with rental management in Palisade_Gardens
Vetting
How Nesbitt Realty vets renters for landlords.
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 know more about our local real estate market?
Our Guide to Real Estate is a handy resource for everyone who hopes to investigate real estate facts about Palisade_Gardens and surrounding communities. The Guide to Real Estate includes information about what has sold and what is currently listed, as well as a few compelling facts that you may not be aware of. Furthermore, our Guide features many of the elements of life in Palisade_Gardens. Naturally, all of this is interesting for buyers and sellers, but property owners and tenants may also find this information to be quite eye-opening.