We are extremely serious about money details.
As rental property managers it is our duty to account for every penny of income and each expense. Our staff work diligently to ensure that every property owner has the opportunity to see exactly where is income 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. Funds are deposited into an escrow account (not into our operating account). We prepare a monthly statement that shows the rental income as well as any bills that we have paid on the rental investor's behalf. The monthly statement is also available online. The statement will describe what funds we are holding on behalf of the landlord.
There is no additional charge for the reports or the accounting. Also, Nesbitt Realty never pads the price on the repairs, nor do we charge a fee per repair. At the end of the year, we compile the monthly reports into a year-end report. In January we mail the landlords, and to the IRS, a 1099 stating the income for the property. Use the 1099 to prepare your taxes or simply hand the 1099 to your tax preparer.
Townes_of_manchester_woods Property Management Resources
Basics
Basic information about what management services in Townes_of_manchester_woods.
Getting Started
Learn more about getting started with rental property management
Find A Tenant
List your property to rent to find a great tenant in Townes_of_manchester_woods fast.
Accounting
How does Nesbitt Realty keep track of income and expenses for property owners?
Cost
An overview of fees associated with rental management services in Townes_of_manchester_woods
Vetting
How Nesbitt Realty vets renters for landlords.
Reserves
What is a contingency reserve account?
Territory
Where does Nesbitt Realty manage 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 understand more about this area?
Our Guide to Real Estate is a handy tool for anyone who needs to investigate real estate facts about Townes_of_manchester_woods and neighboring communities. The Guide to Real Estate includes data regarding what has sold and what is on the market, and a couple of compelling facts that you might not know. And, our Guide features some benefits of life in Townes_of_manchester_woods. Certainly, most of this is interesting for buyers and sellers, but landlords and renters might also find the facts to be quite informative.