Property management is a business in and of itself. If you want to invest in real estate, but you don’t want to be a property manager, the solution is really quite simple: employ the services of Nesbitt Realty. Our property managers are experienced individuals who will manage the day-to-day operations of your property. We manage residential properties, multi-family properties and even homeowners and condo associations.
A big value-add provided by your Nesbitt Realty property manager is “separation”. This to say, your Nesbitt Realty property manager maintains a level of separation between the landlord and the tenants and the property. As you may already know, it’s important to invest in real estate without emotionally investing in tenants or property. Your Nesbitt Realty property manager helps ensure that you always make the best decision for your family, rather than making the best decision for the tenant’s family.
So, your Nesbitt Realty rental property manager serves as a buffer between the owner and his tenants. Nesbitt Realty can help you find tenants, handling repair projects and maintenance, oversee improvements, collect rent, and even pay some expenses and taxes. The specific tasks we handle vary based upon upon the needs and wishes of the property owner.
Nesbitt Realty Property Management also handles commercial properties such as office buildings, freeing the owners from the day to day responsibilities. Additionally, a competent Nesbitt Realty property manager gives you protection from certain liabilities.
Nesbitt Realty usually charges a percentage of the rents collected. Every aspect of Nesbitt Realty property manager’s responsibilities will be outlined in a contract signed by both Nesbitt Realty and the landlord. This agreement details financial responsibilities and specifies the types of financial reports the landlord can expect.
Your Nesbitt Realty property manager will stay current on new laws and condo regulations which may be relevant to your situation. Nesbitt Realty Property Management takes a lot of the burden off of owning rental real estate. Most Nesbitt Realty property managers are themselves landlords. They know your needs.
Nesbitt Realty is trusted by local homeowners as well as overseas and out-of-state homeowners. We work for real estate investors, and trusts, but most of our clients are just average people who need us to help them manage their property. Although some of our clients are genuinely wealthy and have us manage multiple properties that have no mortgages. Most of our clients are “mortgage landlords”. A mortgage landlord needs the rental income to pay the mortgage. For many of these homeowners the property that we manage is may be the single largest investment interest in their life.
Many of our clients work in vocations that require them to travel or live elsewhere for extended periods of time. They are members of academia, the political class, foreign service and military.
Although many of our clients are local, our remote homeowners live out of state and across the country. We also manage properties for homeowners who live on the West Coast, in Hawaii and in various locations in Europe. For those home owners, we have established practices to keep in contact as needed.
A few of our landlords live and work in remote and possibly dangerous locations where communication is difficult and spotty. We manage properties for folks working out of Central Asia in and around war zones. We manage properties for landlords that live in Madagascar and Central Africa. Some of our landlords are military folks who put themselves in harm’s way to protect our nation. Some of our clients do research work in remote wilderness locations.
For those landlords that we cannot contact we have established practices and built a trust to keep the properties we manage in production, producing income while keeping expenses to a minimum.
Thanks for the opportunity to serve your real estate needs. Your business is appreciated.
|About the Author --- Will Nesbitt is the principal broker of Nesbitt Realty and Condo Alexandria. Will specializes in real estate, fine homes & condominiums in Alexandria, Arlington, Fairfax County, Crystal City, and Kingstowne. Will resides in Belle Haven Estates just outside Alexandria VA in Fairfax County.|