We are very serious about fiduciary matters.
As rental property managers it is our solemn charge to keep close track on every penny of income and each expense. Our staff work hard to make sure that each rental investor has the opportunity to know exactly where is income is going to and coming from. To accomplish this duty we work with one of the most powerful programs in the management business: Rent Manager.
We usually 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 expenses which we have paid on the rental property owner's behalf. The monthly statement is also available electronically. The statement will show what monies we are holding on behalf of the landlord.
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 hand the 1099 to your tax preparer.
Bentana_Park Property Management Resources
Basics
Basic information about what rental managment in Bentana_Park.
Getting Started
Learn more about getting started with property management
Find A Tenant
List your property to rent to find a great renter in Bentana_Park 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 Bentana_Park
Vetting
How Nesbitt Realty vets renters for property owners.
Reserves
What is a contingency reserve account?
Territory
Where does Nesbitt Realty manage rental 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 understand more about our community?
Our Guide to Real Estate is a helpful resource for anyone who needs to review important real estate information about Bentana_Park and surrounding areas. The Guide to Real Estate provides data regarding what has sold and what is on the market, and a few interesting facts that you may not be aware of. And, our Guide has quite a few of the fundamentals of life in Bentana_Park. As might be expected, all of this is interesting for purchasers and sellers, but landlords and tenants might also find these resources to be somewhat sobering.