We are very conscientious regarding fiduciary details.
As rental managers it is our solemn charge to keep close track on every penny of rent and each expense. Our staff work diligently to ensure that each rental property owner has the tools and paperwork to know 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. 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 bills which we have paid on the landlord's behalf. The monthly statement is also available electronically. The statement will describe what monies 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 reports into a year-end statement. In January we mail the 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.
The_Continental Rental Management Resources
Basics
Basic info about what rental managment in The_Continental.
Getting Started
Learn more about getting started with property management
Find A Tenant
Market your property to rent to find a reliable renter in The_Continental fast.
Accounting
How does Nesbitt Realty keep track of income and expenses for property owners?
Cost
A list of prices of rental management services in The_Continental
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 free resource for everyone who hopes to investigate real estate facts about The_Continental and surrounding communities. The Guide to Real Estate provides information about what has sold and what is currently listed, and a couple of interesting facts that you may not be aware of. Furthermore, our Guide has many of the elements of living in The_Continental. Of course, all of this is interesting for buyers and sellers, but landlords and renters should also find these tools to be quite sobering.