We are extremely serious about financial issues.
As rental property managers it is our solemn charge to account for every cent of rent and each expense. All of us work diligently to make sure that each real estate investor has the opportunity to see exactly where is income 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. Rents 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 online. The monthly statement will show what monies we are holding on behalf of the real estate investor.
There is no additional charge for the reports or the accounting. Also, Nesbitt Realty never marks up the repairs, nor do we charge a fee per repair. Annually, we organize the monthly statements into a year-end statement. In January we send to the rental investors, and to the IRS, a 1099 stating the income for the rental property. Use the 1099 to prepare your taxes or simply give the 1099 to your tax preparer.
Rotonda Rental Management Resources
Basics
Elementary information regarding management services in Rotonda.
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 Rotonda fast.
Accounting
How does Nesbitt Realty keep track of income and expenses for landlords?
Cost
A list of fees associated with rental management in Rotonda
Vetting
How Nesbitt Realty checks the backgrounds of renters for property owners.
Reserves
What is a contingency reserve account?
Territory
Where does Nesbitt Realty manage rentals?
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 the local real estate market?
Nesbitt Realty's Guide to Real Estate is a handy resource for anyone who wants to review important real estate information about Rotonda and neighboring areas. The Guide to Real Estate has information about what has sold and what is currently listed, as well as a couple of shocking facts that you may not be aware of. Also, our Guide spotlights quite a few of the benefits of life in Rotonda. Certainly, all of this is interesting for purchasers and sellers, but rental investors and tenants will probably also find these tools to be somewhat useful.