We are especially meticulous with financial matters.
As property managers it is our duty to reconcile every cent of rent and each expense. Our staff work relentlessly to ensure that every rental property owner has the opportunity to see exactly where is money is going to and coming from. To accomplish this task we work with 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. 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 rental property owner's behalf. The monthly statement is also available electronically. The statement will show what reserves we are holding on behalf of the landlord.
There is no additional charge for the reports or the accounting. And, Nesbitt Realty never pads the price on the repairs, nor do we charge a fee per repair. Annually, we organize the monthly reports into a year-end statement. In January we mail the real estate investors, and to the IRS, a 1099 stating the income for the property. Use the 1099 to prepare your taxes or simply hand the 1099 to your tax preparer.
Broyhills_Mc_Lean_Ests Rental Management Resources
Basics
Fundamental information about what rental managment in Broyhills_Mc_Lean_Ests.
Getting Started
Learn more about getting started with property management
Find A Tenant
Market your property to rent to find a reliable tenant in Broyhills_Mc_Lean_Ests fast.
Accounting
How does Nesbitt Realty keep track of income and expenses for landlords?
Cost
A breakdown of prices of rental management services in Broyhills_Mc_Lean_Ests
Vetting
How Nesbitt Realty checks the backgrounds of tenants for property owners.
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 want understand more about the area?
Nesbitt Realty's Guide to Real Estate is a helpful resource for anyone who wants to investigate real estate facts about Broyhills_Mc_Lean_Ests and nearby communities. The Guide to Real Estate compiles information about what has sold and what is on the market, and a few compelling facts that you may not know. And, our Guide spotlights many of the assets of living in Broyhills_Mc_Lean_Ests. Certainly, most of this is helpful for buyers and sellers, but property owners and tenants may also find these resources to be very enlightening.