We are extra precise about financial issues.
As rental property managers it is our duty to account for every penny of rent and each expense. Our team work hard to ensure that every landlord has the opportunity to see 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 our profession: 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 that we have paid on the landlord's behalf. The monthly statement is also available electronically. The statement will describe what monies we are holding on behalf of the rental property owner.
There is no additional charge for the reports or the accounting. And, 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 rental 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.
Whitlers Creek Ii Rental Management Resources
Basics
Elementary information regarding rental managment in Whitlers Creek Ii.
Getting Started
Learn more about getting started with property management
Find A Tenant
Market your property to rent to find a great tenant in Whitlers Creek Ii fast.
Accounting
How does Nesbitt Realty keep track of income and expenses for real estate investors?
Cost
An overview of prices of rental management in Whitlers Creek Ii
Vetting
How Nesbitt Realty vets renters for property owners.
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.
Should you understand more about this community?
Nesbitt Realty's Guide to Real Estate is a handy tool for everyone who hopes to learn more about Whitlers Creek Ii and surrounding communities. The Guide to Real Estate includes information about what has sold and what is currently listed, as well as some interesting facts that you may not be aware of. Furthermore, our Guide has quite a few of the fundamentals of residing in Whitlers Creek Ii. Definitely, all of this is helpful for buyers and sellers, but rental investors and tenants will likely also find the facts to be somewhat informative.