What do rental property management companies in Colonial_Acres do?
If this is your first-time looking at hiring a rental property manager, you might want to understand more about what exactly rental property management companies do. If this quick reference doesn't answer all your questions, we're always happy to provide more information.
Collect Rents
Nesbitt Realty puts rents into an escrow account and from that account we disburse funds to pay bills, income to the real estate investor and fees to the rental property management company.
Keep Records
Nesbitt Realty keeps an accounting of all income 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, your manager will deal with HOA/COA. If the tenant is in violation of HOA/COA covenants, we provide notice to the tenant 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 Colonial_Acres ordinances, licensing requirements, association rules, Fair Housing laws, insurance requirements, IRS requirements.
Manage Upkeep
Nesbitt Realty manages and dispatches maintenance personnel as needed. We try to have work done in a prompt manner at a price and quality acceptable 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 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
What makes us different from other property managers in Colonial_Acres
Colonial_Acres Rental Management Resources
Basics
Fundamental information about what property management in Colonial_Acres.
Getting Started
Learn more about getting started with property management
Find A Tenant
List your property to rent to find a great renter in Colonial_Acres fast.
Accounting
How does Nesbitt Realty keep track of income and expenses for property owners?
Cost
An overview of prices of property management services in Colonial_Acres
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 need know more about our area?
Nesbitt Realty's Guide to Real Estate is a free resource for anyone who hopes to learn more about Colonial_Acres and nearby areas. The Guide to Real Estate provides data about what has sold and what is for sale, as well as a couple of surprising facts that you might not be aware of. Not to mention, our Guide features many of the aspects of living in Colonial_Acres. Of course, all of this is interesting for purchasers and sellers, but owners and renters might also find the facts to be somewhat useful.
More Information
If you've never hired a rental property manager in Colonial_Acres before, you may want to understand as much as possible about the process and what rental property managers actually 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.