We are very attentive with fiduciary matters.
As rental property managers it is our duty to reconcile every penny of rent and each expense. Our team work hard to ensure that each property owner has the opportunity to know exactly where is money is going to and coming from. To accomplish this task we employ one of the most powerful programs 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 states the rent received as well as any bills that we have paid on the rental property owner's behalf. The monthly statement is also available electronically. The statement will show what funds we are holding on behalf of the real estate investor.
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. At the end of the year, we organize the monthly reports into a year-end report. In January we send to the property owners, and to the IRS, a 1099 stating the income for the rental property. Use the 1099 to prepare your taxes or simply hand the 1099 to your tax preparer.
Post_Pentagon_Row Property Management Resources
Basics
Elementary info regarding rental managment in Post_Pentagon_Row.
Getting Started
Learn more about getting started with rental property management
Find A Tenant
Market your property to rent to find a great tenant in Post_Pentagon_Row fast.
Accounting
How does Nesbitt Realty keep track of income and expenses for landlords?
Cost
A breakdown of prices of property management services in Post_Pentagon_Row
Vetting
How Nesbitt Realty checks the backgrounds of tenants 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 need know more about this area?
Nesbitt Realty's Guide to Real Estate is a helpful resource for anyone who hopes to review important real estate information about Post_Pentagon_Row and surrounding communities. The Guide to Real Estate provides data about what has sold and what is on the market, and a couple of surprising facts that you may not be aware of. Furthermore, our Guide has some fundamentals of living in Post_Pentagon_Row. Definitely, most of this is useful for purchasers and sellers, but real estate investors and renters may also find this information to be very enlightening.