We are extremely attentive with money issues.
As rental managers it is our solemn charge to account for every penny of rent and each expense. Our team work diligently to ensure that every landlord has the tools and paperwork to understand exactly where is money is going to and coming from. To accomplish this duty we use one of the most powerful programs 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 rent received as well as any expenses which we have paid on the rental property owner's behalf. The monthly statement is also available online. The monthly report will describe 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 statements into a year-end report. In January we mail 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.
West_arlington Property Management Resources
Basics
Fundamental information regarding rental managment in West_arlington.
Getting Started
Learn more about getting started with property management
Find A Tenant
Market your property to rent to find a dependable renter in West_arlington fast.
Accounting
How does Nesbitt Realty keep track of income and expenses for property owners?
Cost
A breakdown of fees associated with rental management in West_arlington
Vetting
How Nesbitt Realty vets tenants for our clients.
Reserves
What is a contingency reserve account?
Territory
Where does Nesbitt Realty manage 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 know more about this community?
Nesbitt Realty's Guide to Real Estate is a helpful resource for everyone who needs to learn more about West_arlington and surrounding areas. The Guide to Real Estate provides data regarding what has sold and what is for sale, and some shocking facts that you may not know. Furthermore, our Guide has many of the assets of life in West_arlington. Of course, most of this is useful for purchasers and sellers, but real estate investors and renters will probably also find this information to be quite eye-opening.