We are extra precise about accounting issues.
As rental property managers it is our solemn charge to keep close track on every penny of rent and each expense. All of us work relentlessly to make sure that every rental property owner has the tools and paperwork to know exactly where is income is going to and coming from. To accomplish this duty 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. 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 expenses which we have paid on the landlord's behalf. The monthly statement is also available online. The monthly report will describe what reserves we are holding on behalf of the real estate investor.
There is no additional charge for the reports or the accounting. Not to mention, 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 landlords, and to the IRS, a 1099 stating the income for the rental. Use the 1099 to prepare your taxes or simply hand the 1099 to your tax preparer.
Keene_mill_manor Rental Management Resources
Basics
Basic information about what property management in Keene_mill_manor.
Getting Started
Learn more about getting started with property management
Find A Tenant
List your property to rent to find a reliable renter in Keene_mill_manor fast.
Accounting
How does Nesbitt Realty keep track of income and expenses for real estate investors?
Cost
A breakdown of prices of property management services in Keene_mill_manor
Vetting
How Nesbitt Realty checks the backgrounds of renters for landlords.
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 handy tool for everyone who needs to find out more about Keene_mill_manor and surrounding communities. The Guide to Real Estate has facts regarding what has sold and what is currently listed, and a couple of compelling facts that you might not be aware of. Furthermore, our Guide highlights quite a few of the assets of life in Keene_mill_manor. Of course, all of this is useful for buyers and sellers, but owners and tenants might also find this information to be somewhat useful.