We are extra serious about money matters.
As rental property managers it is our duty to keep close track on every cent of rent and each expense. Our staff work diligently to make sure that each landlord has the tools and paperwork to understand exactly where is money is going to and coming from. To accomplish this task we use 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. 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 which we have paid on the rental property owner's behalf. The monthly statement is also available electronically. The monthly report will show what funds 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 statement. In January we mail the rental investors, 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.
Clifton Pines Rental Management Resources
Basics
Elementary info regarding management services in Clifton Pines.
Getting Started
Learn more about getting started with property management
Find A Tenant
List your property to rent to find a dependable renter in Clifton Pines fast.
Accounting
How does Nesbitt Realty keep track of income and expenses for landlords?
Cost
A list of fees associated with rental management services in Clifton Pines
Vetting
How Nesbitt Realty vets tenants for our clients.
Reserves
What is a contingency reserve account?
Territory
Where does Nesbitt Realty manage rental investments?
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 the area?
Nesbitt Realty's Guide to Real Estate is a free resource for everyone who needs to learn more about Clifton Pines and neighboring communities. The Guide to Real Estate includes information about what has sold and what is for sale, as well as many compelling facts that you may not be aware of. Not to mention, our Guide spotlights many of the benefits of residing in Clifton Pines. Of course, most of this is interesting for purchasers and sellers, but owners and renters will likely also find these resources to be very edifying.