What do rental property managers in Burgundy Woods do?
If this is your first-time looking at hiring a rental property management company, you should want to learn more about what exactly rental property management companies do. If this reference doesn't answer all your questions, we're always happy to provide more information.
Collect Rents
Nesbitt Realty puts 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 rental property manager.
Keep Records
Nesbitt Realty keeps a record of all income and receipts. We send monthly statements to the landlord 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 required, your manager will deal with homeowner's association (or condo association). If your renter has violated homeowner's association (or condo association) covenants, we provide official notice to your renter and take steps to put the renter in compliance. We keep you apprised of notices and required actions.
Legal Compliance
Nesbitt Realty ensures that your rental property complies with state laws, local Burgundy Woods ordinances, licensing requirements, association rules, Fair Housing laws, insurance requirements, IRS requirements.
Handle Repairs
Nesbitt Realty manages and dispatches handymen when needed. We strive to get work done in a timely fashion at a price and quality acceptable to the real estate investor.
Inspections
Nesbitt Realty inspects the property at the time of move-in at the time of move-out and from time-to-time while the tenant is occupying the property.
Provide a Level of Separation
This is the one duty that no real estate investor 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
What makes us different from other property managers in Burgundy Woods
Burgundy Woods Property Management Resources
Basics
Basic information about what property management in Burgundy Woods.
Getting Started
Learn more about getting started with rental property management
Find A Tenant
Market your property to rent to find a dependable renter in Burgundy Woods fast.
Accounting
How does Nesbitt Realty keep track of income and expenses for landlords?
Cost
A breakdown of fees associated with property management services in Burgundy Woods
Vetting
How Nesbitt Realty vets renters for our clients.
Reserves
What is a contingency reserve account?
Territory
Where does Nesbitt Realty manage property?
Clients
Who uses Nesbitt Realty management services?
There is a first-time for everyone.
Do you want know more about this area?
Nesbitt Realty's Guide to Real Estate is a handy resource for everyone who hopes to investigate real estate facts about Burgundy Woods and surrounding areas. The Guide to Real Estate provides facts regarding what has sold and what is on the market, as well as a couple of compelling facts that you may not be aware of. Not to mention, our Guide highlights many of the fundamentals of life in Burgundy Woods. Naturally, all of this is interesting for purchasers and sellers, but owners and renters will also find the facts to be quite sobering.
More Information
If you've never used a property management company in Burgundy Woods before, you will want to learn as much as possible about the process and what property management companies really do. Feel free to call and discuss 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.
