We are extremely precise about money matters.
As rental managers it is our solemn charge to account for every cent of income and each expense. Our team work diligently to ensure that each real estate investor has the documentation to know exactly where is income is going to and coming from. To accomplish this task we work with one of the most powerful programs in our profession: Rent Manager.
We usually 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 expenses which we have paid on the real estate investor's behalf. The monthly statement is also available electronically. 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. Furthermore, Nesbitt Realty never marks up 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 real estate investors, 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.
Robeys_Meadow Rental Management Resources
Basics
Elementary info about what rental managment in Robeys_Meadow.
Getting Started
Learn more about getting started with rental property management
Find A Tenant
List your property to rent to find a reliable renter in Robeys_Meadow fast.
Accounting
How does Nesbitt Realty keep track of income and expenses for landlords?
Cost
A breakdown of prices of property management services in Robeys_Meadow
Vetting
How Nesbitt Realty vets tenants 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 local real estate market?
Nesbitt Realty's Guide to Real Estate is a helpful resource for everyone who needs to investigate real estate facts about Robeys_Meadow and neighboring areas. The Guide to Real Estate compiles facts regarding what has sold and what is on the market, as well as a few surprising facts that you might not be aware of. Also, our Guide highlights some aspects of residing in Robeys_Meadow. Of course, most of this is helpful for purchasers and sellers, but landlords and renters should also find this information to be somewhat sobering.