We are very precise about fiduciary issues.
As rental managers it is our solemn charge to account for every cent of rent and each expense. Our team work relentlessly to ensure that every real estate investor has the tools and paperwork to know exactly where is income is going to and coming from. To accomplish this duty we work with one of the most powerful programs in our profession: Rent Manager.
We strive to process and deposit rents on the same day they are received. Funds 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 that we have paid on the real estate investor's behalf. The monthly statement is also available electronically. The monthly statement will show what monies we are holding on behalf of the rental investor.
There is no additional charge for the reports or the accounting. Not to mention, Nesbitt Realty never pads the price on 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 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.
West_village_of_shirlington_condo Property Management Resources
Basics
Fundamental info about what management services in West_village_of_shirlington_condo.
Getting Started
Learn more about getting started with property management
Find A Tenant
List your property to rent to find a great renter in West_village_of_shirlington_condo fast.
Accounting
How does Nesbitt Realty keep track of income and expenses for real estate investors?
Cost
A list of prices of property management services in West_village_of_shirlington_condo
Vetting
How Nesbitt Realty vets tenants for property owners.
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.
Should you understand more about the local real estate market?
Nesbitt Realty's Guide to Real Estate is a handy resource for everyone who hopes to learn more about West_village_of_shirlington_condo and neighboring areas. The Guide to Real Estate has information regarding what has sold and what is for sale, and some shocking facts that you may not be aware of. Furthermore, our Guide spotlights quite a few of the benefits of life in West_village_of_shirlington_condo. As a matter of course, most of this is helpful for buyers and sellers, but owners and tenants will probably also find these resources to be very edifying.