We are especially careful with money details.
As rental property managers it is our duty to keep close track on every cent of income and each expense. Our staff work diligently to make sure that each rental property owner has the opportunity to understand 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 our profession: Rent Manager.
We usually 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 rent received as well as any bills which we have paid on the rental 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 property owner.
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 compile the monthly statements into a year-end report. In January we mail the property owners, and to the IRS, a 1099 stating the income for the rental property. Use the 1099 to prepare your taxes or simply hand the 1099 to your tax preparer.
Ewells Mill Estates Property Management Resources
Basics
Basic information regarding management services in Ewells Mill Estates.
Getting Started
Learn more about getting started with property management
Find A Tenant
Market your property to rent to find a great renter in Ewells Mill Estates fast.
Accounting
How does Nesbitt Realty keep track of income and expenses for property owners?
Cost
A list of prices of rental management services in Ewells Mill Estates
Vetting
How Nesbitt Realty checks the backgrounds of tenants for our clients.
Reserves
What is a contingency reserve account?
Territory
Where does Nesbitt Realty manage rental 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 want understand more about this community?
Our Guide to Real Estate is a handy tool for everyone who hopes to learn more about Ewells Mill Estates and nearby areas. The Guide to Real Estate provides information about what has sold and what is currently listed, as well as a few compelling facts that you might not be aware of. And, our Guide has some benefits of residing in Ewells Mill Estates. Of course, most of this is helpful for purchasers and sellers, but real estate investors and renters may also find this information to be very edifying.