We are especially attentive with financial issues.
As rental managers it is our solemn charge to account for every penny of income and each expense. All of us work relentlessly to ensure that each property owner has the opportunity to see exactly where is money is going to and coming from. To accomplish this task we employ one of the most powerful programs in the management business: Rent Manager.
We always try 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 bills that we have paid on the real estate investor's behalf. The monthly statement is also available electronically. The statement will show what monies we are holding on behalf of the rental investor.
There is no additional charge for the reports or the accounting. In addition, 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 report. In January we send to the real estate investors, 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.
Hahn Property Property Management Resources
Basics
Fundamental information regarding management services in Hahn Property.
Getting Started
Learn more about getting started with rental property management
Find A Tenant
List your property to rent to find a great renter in Hahn Property fast.
Accounting
How does Nesbitt Realty keep track of income and expenses for property owners?
Cost
A breakdown of prices of rental management services in Hahn Property
Vetting
How Nesbitt Realty checks the backgrounds of renters for our clients.
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 understand more about the area?
Nesbitt Realty's Guide to Real Estate is a helpful resource for everyone who needs to learn more about Hahn Property and surrounding areas. The Guide to Real Estate provides information regarding what has sold and what is for sale, and a few interesting facts that you might not know. Furthermore, our Guide features quite a few of the elements of living in Hahn Property. Certainly, all of this is interesting for buyers and sellers, but property owners and tenants will also find this information to be somewhat informative.