We are very attentive with financial matters.
As rental property managers it is our duty to account for every cent of rent and each expense. All of us work relentlessly to ensure that each property owner has the opportunity to know exactly where is money is going to and coming from. To accomplish this duty we employ one of the most powerful programs in the management business: 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 that we have paid on the property owner's behalf. The monthly statement is also available online. The statement will describe what reserves we are holding on behalf of the rental 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. At the end of the year, we organize 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. Use the 1099 to prepare your taxes or simply hand the 1099 to your tax preparer.
Fulks Run Rental Management Resources
Basics
Elementary info regarding management services in Fulks Run.
Getting Started
Learn more about getting started with property management
Find A Tenant
List your property to rent to find a great renter in Fulks Run fast.
Accounting
How does Nesbitt Realty keep track of income and expenses for property owners?
Cost
A breakdown of prices of rental management in Fulks Run
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.
Do you want know more about the community?
Our Guide to Real Estate is a free resource for anyone who wants to investigate real estate facts about Fulks Run and neighboring communities. The Guide to Real Estate provides data regarding what has sold and what is for sale, as well as a few interesting facts that you may not be aware of. In addition, our Guide spotlights some assets of life in Fulks Run. As might be expected, most of this is useful for buyers and sellers, but property owners and tenants will also find these tools to be somewhat enlightening.