What do property managers in Bush Hill Woods 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 managers do. If this handy reference doesn't answer all your questions, we're always eager to help.
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 property management company.
Nesbitt Realty keeps a record of all income and receipts. We send monthly statements to the property owner 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, we deal with homeowner or condo association. If your renter has violated homeowner or condo association rules, we give written notice to your renter and take steps to put your renter in compliance. We keep you apprised of notices and required actions.
Nesbitt Realty ensures that your rental property complies with state laws, local Bush Hill Woods ordinances, licensing requirements, association rules, Fair Housing laws, insurance requirements, IRS requirements.
Nesbitt Realty manages and dispatches handymen when required. We strive to get work done in a prompt fashion at a price and quality acceptable to the property owner.
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.
Bush Hill Woods Property Management Resources
Do you want understand more about the community?
Nesbitt Realty's Guide to Real Estate is a free tool for everyone who wants to learn more about Bush Hill Woods and surrounding areas. The Guide to Real Estate has data about what has sold and what is currently listed, as well as a couple of surprising facts that you might not know. In addition, our Guide features some fundamentals of life in Bush Hill Woods. Of course, all of this is interesting for buyers and sellers, but rental investors and renters will probably also find these resources to be quite informative.
If you've never used a property manager in Bush Hill Woods before, you may want to learn 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.