We are extra meticulous with money matters.
As rental managers it is our solemn charge to keep close track on every cent of rent and each expense. Our staff work relentlessly to ensure that each landlord has the documentation to understand exactly where is income is going to and coming from. To accomplish this task we employ 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. Funds are deposited into an escrow account (not into our operating account). We prepare a monthly statement that states the rental income as well as any bills which we have paid on the rental investor's behalf. The monthly statement is also available online. The statement will describe what reserves we are holding on behalf of the property owner.
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. At the end of the year, we organize the monthly reports into a year-end statement. In January we send to the property owners, 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.
Glenvale Rental Management Resources
Basics
Fundamental info about what property management in Glenvale.
Getting Started
Learn more about getting started with property management
Find A Tenant
List your property to rent to find a reliable renter in Glenvale fast.
Accounting
How does Nesbitt Realty keep track of income and expenses for real estate investors?
Cost
A breakdown of prices of rental management services in Glenvale
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.
Should you know more about the community?
Nesbitt Realty's Guide to Real Estate is a helpful tool for everyone who hopes to learn more about Glenvale and nearby communities. The Guide to Real Estate provides data about what has sold and what is currently listed, as well as some shocking facts that you might not be aware of. Furthermore, our Guide spotlights quite a few of the elements of residing in Glenvale. Of course, all of this is interesting for buyers and sellers, but real estate investors and renters might also find these tools to be very eye-opening.