We are especially careful with financial matters.
As rental managers it is our solemn charge to keep close track on every cent of rent and each expense. Our team work relentlessly to ensure that every rental investor has the opportunity to know exactly where is money 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. 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 bills that we have paid on the real estate investor's behalf. The monthly statement is also available online. The monthly statement will show what funds we are holding on behalf of the real estate investor.
There is no additional charge for the reports or the accounting. In addition, Nesbitt Realty never marks up the repairs, nor do we charge a fee per repair. Annually, we compile the monthly reports into a year-end report. In January we send to 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.
Sully_manor Property Management Resources
Basics
Fundamental information regarding rental managment in Sully_manor.
Getting Started
Learn more about getting started with property management
Find A Tenant
List your property to rent to find a great renter in Sully_manor fast.
Accounting
How does Nesbitt Realty keep track of income and expenses for property owners?
Cost
An overview of fees associated with property management services in Sully_manor
Vetting
How Nesbitt Realty vets 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 this local real estate market?
Nesbitt Realty's Guide to Real Estate is a helpful resource for everyone who needs to find out more about Sully_manor and surrounding areas. The Guide to Real Estate provides facts regarding what has sold and what is on the market, as well as a few compelling facts that you may not be aware of. Also, our Guide has quite a few of the elements of residing in Sully_manor. Of course, most of this is useful for purchasers and sellers, but rental investors and tenants will likely also find the facts to be very useful.