We are extra precise about accounting details.
As rental managers it is our duty to reconcile every cent of income and each expense. Our staff work relentlessly to make sure that every rental investor has the documentation to know exactly where is income is going to and coming from. To accomplish this task we work with one of the most powerful software tools 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 which we have paid on the real estate investor's behalf. The monthly statement is also available electronically. The statement will describe what monies we are holding on behalf of the property owner.
There is no additional charge for the reports or the accounting. Also, Nesbitt Realty never pads the price on the repairs, nor do we charge a fee per repair. At the end of the year, we organize the monthly reports into a year-end report. In January we mail the property owners, 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.
Rock Hill Property Management Resources
Basics
Elementary info regarding management services in Rock Hill.
Getting Started
Learn more about getting started with rental property management
Find A Tenant
List your property to rent to find a dependable tenant in Rock Hill fast.
Accounting
How does Nesbitt Realty keep track of income and expenses for property owners?
Cost
A list of fees associated with property management services in Rock Hill
Vetting
How Nesbitt Realty checks the backgrounds of tenants for landlords.
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.
Should you know more about our area?
Nesbitt Realty's Guide to Real Estate is a free resource for anyone who needs to review important real estate information about Rock Hill and surrounding areas. The Guide to Real Estate compiles data about what has sold and what is for sale, as well as a couple of interesting facts that you might not know. And, our Guide features quite a few of the benefits of residing in Rock Hill. As a matter of course, most of this is interesting for purchasers and sellers, but real estate investors and tenants will probably also find these tools to be quite sobering.