We are very precise about money details.
As property managers it is our solemn charge to reconcile every penny of rent and each expense. Our team work hard to ensure that each landlord has the tools and paperwork to understand exactly where is income is going to and coming from. To accomplish this task 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 investor's behalf. The monthly statement is also available online. The monthly report will show what reserves 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 pads the price on the repairs, nor do we charge a fee per repair. Annually, we organize the monthly statements into a year-end statement. In January we send to 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.
Tripolis_At_Lake_Braddoc Property Management Resources
Basics
Elementary info regarding management services in Tripolis_At_Lake_Braddoc.
Getting Started
Learn more about getting started with rental property management
Find A Tenant
Market your property to rent to find a reliable tenant in Tripolis_At_Lake_Braddoc fast.
Accounting
How does Nesbitt Realty keep track of income and expenses for real estate investors?
Cost
An overview of fees associated with rental management services in Tripolis_At_Lake_Braddoc
Vetting
How Nesbitt Realty vets 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 know more about this area?
Our Guide to Real Estate is a free resource for everyone who wants to investigate real estate facts about Tripolis_At_Lake_Braddoc and surrounding areas. The Guide to Real Estate compiles data about what has sold and what is on the market, as well as a couple of shocking facts that you may not know. Also, our Guide highlights some benefits of life in Tripolis_At_Lake_Braddoc. As a matter of course, all of this is helpful for buyers and sellers, but owners and renters will probably also find these resources to be very enlightening.