We are extra precise about fiduciary matters.
As rental property managers it is our duty to reconcile every penny of income and each expense. Our team work hard to ensure that each landlord has the opportunity to know exactly where is money is going to and coming from. To accomplish this duty 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 rent received as well as any bills that we have paid on the rental investor's behalf. The monthly statement is also available online. The monthly report 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. Annually, we organize the monthly statements into a year-end report. In January we mail the rental property owners, 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.
Braddock Hills Rental Management Resources
Basics
Fundamental information regarding management services in Braddock Hills.
Getting Started
Learn more about getting started with property management
Find A Tenant
Market your property to rent to find a great tenant in Braddock Hills fast.
Accounting
How does Nesbitt Realty keep track of income and expenses for landlords?
Cost
A breakdown of prices of rental management in Braddock Hills
Vetting
How Nesbitt Realty checks the backgrounds of renters for landlords.
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.
Should you understand more about this local real estate market?
Our Guide to Real Estate is a handy tool for everyone who needs to investigate real estate facts about Braddock Hills and nearby communities. The Guide to Real Estate includes facts regarding what has sold and what is on the market, and some compelling facts that you may not be aware of. Furthermore, our Guide features some assets of living in Braddock Hills. Of course, most of this is useful for purchasers and sellers, but property owners and renters will likely also find this data to be very enlightening.