We are very attentive with fiduciary details.
As rental property managers it is our solemn charge to account for every cent of rent and each expense. Our staff work diligently to ensure that each property owner has the opportunity to see exactly where is money is going to and coming from. To accomplish this duty we employ 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 rental income as well as any bills that we have paid on the rental property owner's behalf. The monthly statement is also available electronically. The monthly statement will describe what funds we are holding on behalf of the rental investor.
There is no additional charge for the reports or the accounting. And, Nesbitt Realty never marks up the repairs, nor do we charge a fee per repair. Annually, we organize the monthly statements into a year-end statement. 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 give the 1099 to your tax preparer.
Catlett Rental Management Resources
Basics
Basic info about what management services in Catlett.
Getting Started
Learn more about getting started with property management
Find A Tenant
List your property to rent to find a dependable renter in Catlett fast.
Accounting
How does Nesbitt Realty keep track of income and expenses for landlords?
Cost
A breakdown of prices of rental management services in Catlett
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 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.
Do you need understand more about our community?
Nesbitt Realty's Guide to Real Estate is a helpful tool for anyone who wants to investigate real estate facts about Catlett and neighboring communities. The Guide to Real Estate provides information regarding 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 spotlights some aspects of living in Catlett. Of course, most of this is helpful for buyers and sellers, but landlords and renters might also find these resources to be quite enlightening.