How We Account For Rents and Expenditures For Our Landlord Clients

We are extremely meticulous with fiduciary details.

As rental property managers it is our solemn charge to keep close track on every penny of income and each expense. Our team work relentlessly to ensure that each landlord has the opportunity to understand exactly where is money is going to and coming from. To accomplish this duty 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. Funds are deposited into an escrow account (not into our operating account). We prepare a monthly statement that states the rental income as well as any expenses that we have paid on the rental property owner's behalf. The monthly statement is also available online. The statement will show what monies we are holding on behalf of the rental 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. At the end of the year, we organize the monthly reports into a year-end report.  In January we mail the property owners, 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.

 

rent manager
Nesbitt Realty uses Rent Manager

Fleetwood At Slate Run Property Management Resources

Basics

Basic information about what property management in Fleetwood At Slate Run.

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Getting Started

Learn more about getting started with rental property management

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Find A Tenant

List your property to rent to find a reliable renter in Fleetwood At Slate Run fast.

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Accounting

How does Nesbitt Realty keep track of income and expenses for landlords?

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Cost

An overview of prices of rental management in Fleetwood At Slate Run

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Vetting

How Nesbitt Realty vets tenants for our clients.

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Reserves

What is a contingency reserve account?

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Territory

Where does Nesbitt Realty manage rental investments?

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Clients

Who uses Nesbitt Realty management services?

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Contact

Call (703)765-0300 to speak to a property management specialist now.

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If you have tenants, you have problems.

Nesbitt Realty handles those problems.

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 this area?

Our Guide to Real Estate is a helpful tool for everyone who needs to review important real estate information about Fleetwood At Slate Run and nearby areas.  The Guide to Real Estate has information about what has sold and what is currently listed, as well as some shocking facts that you might not be aware of.  And, our Guide highlights some elements of living in Fleetwood At Slate Run.  Certainly, all of this is helpful for purchasers and sellers, but landlords and tenants might also find this data to be very sobering.

Serving Fleetwood At Slate Run

Nesbitt Realty provides award-winning property management services.

Learn more about how we can help you achieve your real estate goals.