We are extra attentive with financial issues.
As property managers it is our duty to reconcile every cent of income and each expense. Our team work diligently to make sure that every rental investor has the tools and paperwork to know exactly where is income is going to and coming from. To accomplish this task we employ one of the most powerful programs in our profession: Rent Manager.
It is our practice 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 states the rental income as well as any expenses which we have paid on the real estate investor's behalf. The monthly statement is also available online. The monthly statement will describe what reserves we are holding on behalf of the real estate investor.
There is no additional charge for the reports or the accounting. Also, Nesbitt Realty never pads the price on the repairs, nor do we charge a fee per repair. Annually, we organize the monthly reports into a year-end report. In January we mail the property owners, 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.
Marquis_At_Vienna_Station Property Management Resources
Basics
Basic info regarding property management in Marquis_At_Vienna_Station.
Getting Started
Learn more about getting started with rental property management
Find A Tenant
List your property to rent to find a dependable tenant in Marquis_At_Vienna_Station fast.
Accounting
How does Nesbitt Realty keep track of income and expenses for real estate investors?
Cost
A list of prices of rental management services in Marquis_At_Vienna_Station
Vetting
How Nesbitt Realty vets 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.
Do you need understand more about the local real estate market?
Our Guide to Real Estate is a helpful tool for anyone who wants to find out more about Marquis_At_Vienna_Station and surrounding areas. The Guide to Real Estate provides data regarding what has sold and what is for sale, and a couple of shocking facts that you may not know. In addition, our Guide features some assets of living in Marquis_At_Vienna_Station. Of course, most of this is interesting for purchasers and sellers, but property owners and tenants will probably also find the facts to be very sobering.