How We Account For Rents and Expenditures For Our Rental Owning Clients

We are extremely serious about fiduciary details.

As rental property managers it is our solemn charge to account for every cent of rent and each expense. Our team work hard to ensure that every rental investor has the tools and paperwork to see exactly where is income is going to and coming from. To accomplish this duty we work with one of the most powerful programs in the management business: Rent Manager.

It is our practice 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 rent received as well as any bills which we have paid on the real estate investor's behalf. The monthly statement is also available online. The monthly report will describe what monies we are holding on behalf of the property owner.

There is no additional charge for the reports or the accounting. In addition, Nesbitt Realty never marks up the repairs, nor do we charge a fee per repair. Annually, we organize the monthly reports into a year-end report.  In January we send to the real estate investors, and to the IRS, a 1099 stating the income for the rental property. Use the 1099 to prepare your taxes or simply give the 1099 to your tax preparer.


rent manager
Nesbitt Realty uses Rent Manager

Front Royal Rental Management Resources


Elementary info about what rental managment in Front Royal.

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Getting Started

Learn more about getting started with rental property management

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Find A Tenant

Market your property to rent to find a dependable renter in Front Royal fast.

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

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An overview of fees associated with property management services in Front Royal

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How Nesbitt Realty checks the backgrounds of tenants for property owners.

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What is a contingency reserve account?

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Where does Nesbitt Realty manage rental property?

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Who uses Nesbitt Realty management services?

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


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 want know more about this area?

Our Guide to Real Estate is a free resource for everyone who hopes to investigate real estate facts about Front Royal and nearby areas.  The Guide to Real Estate includes facts about what has sold and what is on the market, and some compelling facts that you may not be aware of.  And, our Guide has many of the assets of life in Front Royal.  Naturally, all of this is interesting for buyers and sellers, but owners and renters might also find these tools to be quite enlightening.

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Do you need advice about rental property management?

Talk to one of our experts about rental property in Virginia.