We are very attentive with financial details.
As property managers it is our solemn charge to account for every cent of income and each expense. All of us work diligently to make sure that each real estate investor has the tools and paperwork to know exactly where is income is going to and coming from. To accomplish this task we use one of the most powerful software tools in the management business: Rent Manager.
We usually 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 states the rental income as well as any bills which we have paid on the rental property owner's behalf. The monthly statement is also available online. The monthly statement will show what funds we are holding on behalf of the property owner.
There is no additional charge for the reports or the accounting. Not to mention, Nesbitt Realty never marks up the repairs, nor do we charge a fee per repair. At the end of the year, we compile the monthly reports into a year-end report. In January we mail the real estate investors, 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.
Anna_Grove Property Management Resources
Basics
Elementary info regarding management services in Anna_Grove.
Getting Started
Learn more about getting started with property management
Find A Tenant
Market your property to rent to find a great tenant in Anna_Grove fast.
Accounting
How does Nesbitt Realty keep track of income and expenses for real estate investors?
Cost
A breakdown of fees associated with rental management services in Anna_Grove
Vetting
How Nesbitt Realty checks the backgrounds of tenants for property owners.
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 need understand more about the area?
Our Guide to Real Estate is a helpful tool for everyone who hopes to find out more about Anna_Grove and neighboring areas. The Guide to Real Estate provides information about what has sold and what is currently listed, as well as some shocking facts that you might not be aware of. Not to mention, our Guide features quite a few of the aspects of life in Anna_Grove. Yes, all of this is helpful for purchasers and sellers, but owners and renters will also find this data to be somewhat eye-opening.