First-time using property management?

What do property managers in The_Duke do?

If this is your first-time hiring a property management company, you should want to know more about what exactly property managers do.  If this handy reference doesn't answer all your questions, we're always eager to provide more information.

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 a record of all income and payables. 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 necessary, your manager will deal with HOA/COA. If the tenant is in violation of HOA/COA covenants, we provide notice to your renter and take steps to put your tenant 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 The_Duke ordinances, licensing requirements, association rules, Fair Housing laws, insurance requirements, IRS requirements.

Manage Maintenance

Nesbitt Realty manages and dispatches maintenance personnel when required. We aim to have work done in a timely manner 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 during tenancy.

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

The_Duke Property Management Resources

Basics

Basic info about what property management in The_Duke.

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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 great tenant in The_Duke 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 in The_Duke

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Vetting

How Nesbitt Realty vets renters for landlords.

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Reserves

What is a contingency reserve account?

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Territory

Where does Nesbitt Realty manage property?

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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 management specialist now.

Email

There is a first-time for everyone.

Do you need understand more about the area?

Our Guide to Real Estate is a free resource for everyone who wants to review important real estate information about The_Duke and nearby areas.  The Guide to Real Estate has data about what has sold and what is for sale, and some compelling facts that you may not be aware of.  And, our Guide highlights quite a few of the elements of living in The_Duke.  Of course, all of this is useful for buyers and sellers, but owners and renters will probably also find the facts to be very edifying.

More Information

If you've never employed a rental property manager in The_Duke before, you may want to understand as much as possible about the process and what rental property managers really do. Feel free to call and chat 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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