What do rental property managers in Beacon Hill do?
If this is your first-time hiring a property management company, you might want to know more about what exactly property managers do. If this handy reference doesn't answer all your questions, we're always happy to help.
Collect Rents
Nesbitt Realty puts 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 an accounting of all money 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 required, your manager will deal with homeowner or condo association. If the tenant has violated homeowner or condo association covenants, we give notice to the tenant and take steps to put your 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 Beacon Hill ordinances, licensing requirements, association rules, Fair Housing laws, insurance requirements, IRS requirements.
Handle Repairs
Nesbitt Realty manages and dispatches handymen when needed. We aim to get work done in a timely manner 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 tenant is occupying the property.
Provide a Level of Separation
This is the one duty that no property owner 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 Beacon Hill
Beacon Hill Rental Management Resources
Basics
Elementary information about what rental managment in Beacon Hill.
Getting Started
Learn more about getting started with rental property management
Find A Tenant
List your property to rent to find a great renter in Beacon Hill fast.
Accounting
How does Nesbitt Realty keep track of income and expenses for property owners?
Cost
An overview of fees associated with rental management services in Beacon Hill
Vetting
How Nesbitt Realty checks the backgrounds of renters for landlords.
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.
Do you want know more about our local real estate market?
Nesbitt Realty's Guide to Real Estate is a helpful tool for anyone who hopes to learn more about Beacon Hill and nearby areas. The Guide to Real Estate compiles data about what has sold and what is currently listed, as well as a couple of surprising facts that you might not know. Also, our Guide has some assets of residing in Beacon Hill. Certainly, all of this is useful for purchasers and sellers, but rental investors and renters will likely also find the facts to be quite edifying.
More Information
If you've never employed a rental property management company in Beacon Hill before, you will want to know as much as possible about management and what 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.