We are especially serious about financial details.
As rental property managers it is our duty to reconcile every penny of income and each expense. Our staff work relentlessly to make sure that each rental investor has the tools and paperwork to understand exactly where is money is going to and coming from. To accomplish this task we employ one of the most powerful software tools in the management business: 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 shows the rental income as well as any expenses that we have paid on the rental property owner's behalf. The monthly statement is also available electronically. The monthly statement will show what reserves we are holding on behalf of the property owner.
There is no additional charge for the reports or the accounting. In addition, Nesbitt Realty never pads the price on 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 report. In January we send to the rental 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.
Ashley_Park Rental Management Resources
Basics
Fundamental info about what property management in Ashley_Park.
Getting Started
Learn more about getting started with property management
Find A Tenant
Market your property to rent to find a great renter in Ashley_Park fast.
Accounting
How does Nesbitt Realty keep track of income and expenses for landlords?
Cost
A breakdown of prices of property management services in Ashley_Park
Vetting
How Nesbitt Realty vets tenants 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.
Do you want know more about the local real estate market?
Our Guide to Real Estate is a free resource for everyone who needs to review important real estate information about Ashley_Park and nearby communities. The Guide to Real Estate has facts regarding what has sold and what is on the market, and a couple of interesting facts that you might not be aware of. Not to mention, our Guide highlights many of the benefits of life in Ashley_Park. Certainly, most of this is interesting for purchasers and sellers, but real estate investors and tenants may also find this data to be quite informative.