We are very attentive with financial issues.
As property managers it is our duty to keep close track on every penny of income and each expense. Our staff work hard to ensure that each rental investor has the tools and paperwork to see exactly where is money is going to and coming from. To accomplish this duty we work with one of the most powerful programs 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 states the rental income as well as any expenses which we have paid on the real estate investor's behalf. The monthly statement is also available online. The monthly statement will describe what funds we are holding on behalf of the rental property owner.
There is no additional charge for the reports or the accounting. Furthermore, Nesbitt Realty never marks up the repairs, nor do we charge a fee per repair. At the end of the year, we compile the monthly statements into a year-end report. In January we send to the property owners, and to the IRS, a 1099 stating the income for the rental. Use the 1099 to prepare your taxes or simply give the 1099 to your tax preparer.
Hampton_Pointe Property Management Resources
Basics
Fundamental info about what rental managment in Hampton_Pointe.
Getting Started
Learn more about getting started with rental property management
Find A Tenant
Market your property to rent to find a great renter in Hampton_Pointe fast.
Accounting
How does Nesbitt Realty keep track of income and expenses for real estate investors?
Cost
A list of prices of rental management in Hampton_Pointe
Vetting
How Nesbitt Realty vets renters for our clients.
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 need know more about the community?
Nesbitt Realty's Guide to Real Estate is a free resource for anyone who wants to learn more about Hampton_Pointe and nearby areas. The Guide to Real Estate provides data about what has sold and what is on the market, as well as some shocking facts that you may not be aware of. In addition, our Guide spotlights quite a few of the fundamentals of residing in Hampton_Pointe. Of course, all of this is interesting for purchasers and sellers, but owners and renters will likely also find this information to be somewhat enlightening.