First-time using property management?

What do rental property management companies in Northern Virginia do?

If this is your first-time hiring a property management company, you may want to learn more about what exactly rental property management companies do.  If this free reference doesn't answer all your questions, we're always eager to help.

Collect Rents

Nesbitt Realty deposits funds from rent into an escrow account and from that account we disburse funds to pay bills, income to the landlord and fees to the property manager.

Keep Records

Nesbitt Realty keeps an accounting of all money and receipts. We send monthly statements to the real estate investor and at the end of the year we prepare a 1099 tax document and an annual statement for tax preparation. These records are also available electronically if you prefer.

Deal with the Association

When necessary, we deal with homeowner's association (or condo association). If your renter has violated HOA/COA rules, we provide notice to the renter and take steps to put your renter in compliance.  We keep you apprised of notices and necessary actions.

Legal Compliance

Nesbitt Realty ensures that your rental property complies with state laws, local Northern Virginia ordinances, licensing requirements, association rules, Fair Housing laws, insurance requirements, IRS requirements.

Manage Upkeep

Nesbitt Realty manages and dispatches handymen when needed. We strive to have work done in a prompt manner at a price and quality satisfactory to the real estate investor.

Inspections

Nesbitt Realty inspects the rental at the time of move-in at the time of move-out and from time-to-time while the lease is active.

Provide a Level of Separation

This is the one duty that no landlord can perform. A level of separation ensures professionalism is always maintained and personal feelings do not enter into the equation. Nesbitt Realty manages tenant relations including maintenance requests, late fee notices. We deal with a laundry list of tenant problems:

  • unauthorized guests, unauthorized pets,
  • parking issues,
  • tenant cleanliness,
  • noise violations,
  • neighbor complaints, etc.

If necessary, we manage the process of prosecuting actions to evict Tenants.

Our Differentiators

Northern Virginia Rental Management Resources

Basics

Basic info regarding management services in Northern Virginia.

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Getting Started

Learn more about getting started with property management

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Find A Tenant

Market your property to rent to find a dependable renter in Northern Virginia fast.

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Accounting

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

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Cost

An overview of prices of rental management services in Northern Virginia

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Vetting

How Nesbitt Realty checks the backgrounds of renters for landlords.

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Reserves

What is a contingency reserve account?

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Territory

Where does Nesbitt Realty manage rentals?

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Clients

Who uses Nesbitt Realty management services?

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Contact

Call (703)765-0300 to speak to a property manager now.

Email

There is a first-time for everyone.

Do you need know more about this area?

Our Guide to Real Estate is a handy tool for anyone who hopes to review important real estate information about Northern Virginia and neighboring communities.  The Guide to Real Estate compiles facts about what has sold and what is on the market, and many compelling facts that you may not be aware of.  Also, our Guide has many of the aspects of living in Northern Virginia.  As might be expected, most of this is helpful for purchasers and sellers, but property owners and tenants might also find these resources to be somewhat eye-opening.

More Information

If you've never employed a property management company in Northern Virginia before, you should want to understand as much as possible about the process and what property managers really do. Feel free to call and talk about specific questions.

Money in general does not flow from the landlord to the property manager. Money flows from the tenant to the property manager to the landlord.  Fees and commissions are withheld from collected rents. The next step is to learn a little more about what differentiates us from other property managers.

 

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