We are extremely meticulous with money issues.
As property managers it is our solemn charge to account for every penny of income and each expense. All of us work relentlessly to ensure that each landlord has the opportunity to know 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.
We strive 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 states the rent received as well as any expenses which we have paid on the rental investor's behalf. The monthly statement is also available online. The statement will show what funds 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 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 real estate investors, 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.
Blue Ridge Shadows Rental Management Resources
Basics
Basic info about what management services in Blue Ridge Shadows.
Getting Started
Learn more about getting started with property management
Find A Tenant
Market your property to rent to find a reliable tenant in Blue Ridge Shadows fast.
Accounting
How does Nesbitt Realty keep track of income and expenses for real estate investors?
Cost
A list of fees associated with rental management services in Blue Ridge Shadows
Vetting
How Nesbitt Realty vets renters for our clients.
Reserves
What is a contingency reserve account?
Territory
Where does Nesbitt Realty manage rentals?
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 our community?
Our Guide to Real Estate is a free tool for anyone who needs to review important real estate information about Blue Ridge Shadows and nearby areas. The Guide to Real Estate provides information regarding what has sold and what is on the market, and a couple of surprising facts that you may not be aware of. And, our Guide spotlights many of the elements of residing in Blue Ridge Shadows. Definitely, all of this is helpful for buyers and sellers, but property owners and renters will likely also find these resources to be very useful.