We are extremely careful with fiduciary details.
As property managers it is our solemn charge to keep close track on every cent of income and each expense. Our team work relentlessly to make sure that every rental investor has the documentation to see exactly where is money is going to and coming from. To accomplish this task we use one of the most powerful programs in our profession: Rent Manager.
We strive 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 shows the rental income as well as any bills that we have paid on the rental investor's behalf. The monthly statement is also available online. The statement will describe what reserves we are holding on behalf of the rental investor.
There is no additional charge for the reports or the accounting. Furthermore, Nesbitt Realty never marks up the repairs, nor do we charge a fee per repair. Annually, we compile the monthly statements into a year-end report. In January we send to 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.
Buckingham_estates Rental Management Resources
Basics
Fundamental info about what property management in Buckingham_estates.
Getting Started
Learn more about getting started with property management
Find A Tenant
List your property to rent to find a great renter in Buckingham_estates fast.
Accounting
How does Nesbitt Realty keep track of income and expenses for property owners?
Cost
An overview of prices of property management services in Buckingham_estates
Vetting
How Nesbitt Realty checks the backgrounds of renters for our clients.
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 want know more about this area?
Nesbitt Realty's Guide to Real Estate is a helpful tool for anyone who needs to review important real estate information about Buckingham_estates and neighboring communities. The Guide to Real Estate compiles information regarding what has sold and what is for sale, and a couple of interesting facts that you may not know. And, our Guide highlights many of the assets of living in Buckingham_estates. Of course, most of this is interesting for buyers and sellers, but rental investors and renters will probably also find these tools to be quite enlightening.