We are very conscientious regarding financial details.
As property managers it is our duty to reconcile every cent of income and each expense. All of us work relentlessly to make sure that each rental property owner has the documentation to know exactly where is income is going to and coming from. To accomplish this task we employ one of the most powerful software tools in the management business: 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 expenses which we have paid on the real estate investor's behalf. The monthly statement is also available online. The statement will describe what funds we are holding on behalf of the rental investor.
There is no additional charge for the reports or the accounting. And, Nesbitt Realty never marks up the repairs, nor do we charge a fee per repair. Annually, we organize the monthly reports into a year-end statement. In January we mail the property owners, and to the IRS, a 1099 stating the income for the rental. Use the 1099 to prepare your taxes or simply give the 1099 to your tax preparer.
Belle View Rental Management Resources
Basics
Basic information regarding management services in Belle View.
Getting Started
Learn more about getting started with rental property management
Find A Tenant
List your property to rent to find a dependable renter in Belle View fast.
Accounting
How does Nesbitt Realty keep track of income and expenses for landlords?
Cost
An overview of fees associated with rental management in Belle View
Vetting
How Nesbitt Realty checks the backgrounds of tenants for our clients.
Reserves
What is a contingency reserve account?
Territory
Where does Nesbitt Realty manage rental 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 want understand more about the area?
Nesbitt Realty's Guide to Real Estate is a handy resource for anyone who hopes to review important real estate information about Belle View and nearby areas. The Guide to Real Estate compiles data about what has sold and what is currently listed, and some surprising facts that you might not be aware of. In addition, our Guide features many of the fundamentals of residing in Belle View. Of course, all of this is helpful for purchasers and sellers, but property owners and renters may also find these resources to be quite enlightening.