First-time using property management?

What do property management companies in Mason_District do?

If this is your first-time hiring a rental property manager, you should want to understand more about what exactly rental property management companies do.  If this 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 property owner 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 necessary, we deal with homeowner's association (or condo association). If the tenant is in violation of HOA/COA rules, we give written notice to the 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 Mason_District ordinances, licensing requirements, association rules, Fair Housing laws, insurance requirements, IRS requirements.

Manage Repairs

Nesbitt Realty manages and dispatches handymen when required. We try to get work done in a prompt fashion at a price and quality acceptable to the landlord.

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 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

Mason_District Rental Management Resources

Basics

Elementary information about what property management in Mason_District.

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Getting Started

Learn more about getting started with rental property management

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Find A Tenant

List your property to rent to find a reliable renter in Mason_District fast.

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Accounting

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

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Cost

A breakdown of prices of rental management in Mason_District

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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 rental investments?

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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.

Should you know more about this local real estate market?

Nesbitt Realty's Guide to Real Estate is a free tool for everyone who wants to review important real estate information about Mason_District and neighboring areas.  The Guide to Real Estate provides facts about what has sold and what is on the market, and some interesting facts that you might not know.  Not to mention, our Guide has some benefits of living in Mason_District.  Certainly, most of this is useful for purchasers and sellers, but owners and renters should also find this data to be somewhat sobering.

More Information

If you've never employed a property manager in Mason_District before, you may want to know as much as possible about management and what rental 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.

 

Do you need a rental property manager?

Learn more about our rental management services. We service landlords in Virginia.

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