What do rental property managers in Old_Town_Alexamdria do?
If this is your first-time looking at hiring a property manager, you may want to understand 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 property owner and fees to the rental property management company.
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 HOA/COA. If the tenant has violated homeowner's association (or condo association) rules, we provide written notice to the tenant and take steps to put the 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 Old_Town_Alexamdria ordinances, licensing requirements, association rules, Fair Housing laws, insurance requirements, IRS requirements.
Manage Maintenance
Nesbitt Realty manages and dispatches maintenance personnel when required. We strive to get work done in a prompt manner at a price and quality satisfactory to the property owner.
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 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
What makes us different from other property managers in Old_Town_Alexamdria
Old_Town_Alexamdria Rental Management Resources
Basics
Elementary info about what property management in Old_Town_Alexamdria.
Getting Started
Learn more about getting started with property management
Find A Tenant
List your property to rent to find a great tenant in Old_Town_Alexamdria fast.
Accounting
How does Nesbitt Realty keep track of income and expenses for property owners?
Cost
An overview of prices of rental management in Old_Town_Alexamdria
Vetting
How Nesbitt Realty checks the backgrounds of tenants for landlords.
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.
Should you understand more about our area?
Our Guide to Real Estate is a helpful tool for everyone who needs to review important real estate information about Old_Town_Alexamdria and nearby areas. The Guide to Real Estate provides facts regarding what has sold and what is currently listed, and many surprising facts that you might not know. Not to mention, our Guide highlights some elements of residing in Old_Town_Alexamdria. As a matter of course, all of this is useful for buyers and sellers, but landlords and renters will also find the facts to be somewhat enlightening.
More Information
If you've never hired a property management company in Old_Town_Alexamdria 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 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.