We are extremely meticulous with fiduciary details.
As rental property managers it is our solemn charge to keep close track on every cent of rent and each expense. Our team work relentlessly to make sure that each property owner 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 always try 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 rental income as well as any expenses which we have paid on the rental property owner's behalf. The monthly statement is also available electronically. The monthly statement will show what reserves we are holding on behalf of the property owner.
There is no additional charge for the reports or the accounting. Furthermore, Nesbitt Realty never marks up the repairs, nor do we charge a fee per repair. Annually, we compile the monthly reports into a year-end statement. In January we mail the real estate investors, 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.
Woodwinds_Two Property Management Resources
Basics
Fundamental info about what management services in Woodwinds_Two.
Getting Started
Learn more about getting started with property management
Find A Tenant
List your property to rent to find a dependable tenant in Woodwinds_Two fast.
Accounting
How does Nesbitt Realty keep track of income and expenses for real estate investors?
Cost
An overview of prices of rental management services in Woodwinds_Two
Vetting
How Nesbitt Realty checks the backgrounds of renters 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 know more about our local real estate market?
Our Guide to Real Estate is a free tool for everyone who hopes to review important real estate information about Woodwinds_Two and nearby communities. The Guide to Real Estate includes data regarding what has sold and what is currently listed, and many shocking facts that you might not be aware of. Furthermore, our Guide features quite a few of the benefits of life in Woodwinds_Two. Naturally, all of this is useful for buyers and sellers, but landlords and renters will probably also find this information to be very edifying.