We are very conscientious regarding money details.
As property managers it is our duty to reconcile every cent of rent and each expense. Our team work relentlessly to make sure that every rental investor has the documentation to know exactly where is money is going to and coming from. To accomplish this task we work with one of the most powerful software tools 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 shows the rent received as well as any bills which we have paid on the property owner's behalf. The monthly statement is also available electronically. The monthly statement will describe what monies 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 statements into a year-end report. In January we mail 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.
Jermantown_Village Rental Management Resources
Basics
Basic information regarding rental managment in Jermantown_Village.
Getting Started
Learn more about getting started with rental property management
Find A Tenant
List your property to rent to find a reliable tenant in Jermantown_Village fast.
Accounting
How does Nesbitt Realty keep track of income and expenses for property owners?
Cost
A list of prices of property management services in Jermantown_Village
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 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 the area?
Nesbitt Realty's Guide to Real Estate is a helpful resource for everyone who hopes to investigate real estate facts about Jermantown_Village and neighboring communities. The Guide to Real Estate includes information about what has sold and what is currently listed, as well as many interesting facts that you may not be aware of. In addition, our Guide has some assets of life in Jermantown_Village. Definitely, most of this is useful for purchasers and sellers, but landlords and tenants might also find the facts to be very enlightening.