What do property management companies in Alexandria Crossing do?
If this is your first-time hiring a property management company, you might 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 help.
Collect Rents
Nesbitt Realty deposits rents 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 an accounting of all money 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 your renter is in violation of homeowner's association (or condo association) covenants, we provide written notice to your tenant 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 Alexandria Crossing ordinances, licensing requirements, association rules, Fair Housing laws, insurance requirements, IRS requirements.
Handle Repairs
Nesbitt Realty manages and dispatches maintenance personnel as needed. We try to have work done in a timely manner at a price and quality satisfactory to the property owner.
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
What makes us different from other property managers in Alexandria Crossing
Alexandria Crossing Property Management Resources
Basics
Basic info about what rental managment in Alexandria Crossing.
Getting Started
Learn more about getting started with property management
Find A Tenant
Market your property to rent to find a reliable tenant in Alexandria Crossing fast.
Accounting
How does Nesbitt Realty keep track of income and expenses for real estate investors?
Cost
A list of fees associated with rental management in Alexandria Crossing
Vetting
How Nesbitt Realty checks the backgrounds of renters for property owners.
Reserves
What is a contingency reserve account?
Territory
Where does Nesbitt Realty manage rentals?
Clients
Who uses Nesbitt Realty management services?
There is a first-time for everyone.
Should you know more about the local real estate market?
Nesbitt Realty's Guide to Real Estate is a handy resource for anyone who needs to learn more about Alexandria Crossing and neighboring areas. The Guide to Real Estate compiles information about what has sold and what is on the market, and some surprising facts that you may not be aware of. Not to mention, our Guide has some aspects of living in Alexandria Crossing. Naturally, all of this is interesting for purchasers and sellers, but real estate investors and renters will probably also find this information to be very useful.
More Information
If you've never contracted with a rental property management company in Alexandria Crossing before, you will want to learn as much as possible about management and what 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.
