We are very careful with fiduciary details.
As property managers it is our solemn charge to keep close track on every penny of rent and each expense. All of us work relentlessly to make sure that each landlord has the tools and paperwork to see exactly where is income is going to and coming from. To accomplish this task we use one of the most powerful software tools 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 states 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 statement will show what funds we are holding on behalf of the landlord.
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. Annually, we organize the monthly statements 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 give the 1099 to your tax preparer.
Stonewall Manor Property Management Resources
Basics
Fundamental information about what management services in Stonewall Manor.
Getting Started
Learn more about getting started with property management
Find A Tenant
List your property to rent to find a great tenant in Stonewall Manor fast.
Accounting
How does Nesbitt Realty keep track of income and expenses for landlords?
Cost
An overview of fees associated with rental management in Stonewall Manor
Vetting
How Nesbitt Realty checks the backgrounds of tenants for property owners.
Reserves
What is a contingency reserve account?
Territory
Where does Nesbitt Realty manage rental investments?
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 know more about this community?
Nesbitt Realty's Guide to Real Estate is a helpful tool for anyone who hopes to find out more about Stonewall Manor and neighboring communities. The Guide to Real Estate includes facts regarding what has sold and what is on the market, as well as a couple of compelling facts that you may not know. Not to mention, our Guide spotlights many of the fundamentals of life in Stonewall Manor. Yes, all of this is useful for buyers and sellers, but property owners and tenants will probably also find the facts to be quite enlightening.