What do property management companies in Cameron Homes do?
If this is your first-time considering hiring a rental property manager, you might want to know more about what exactly rental property management companies do. If this quick 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 rental property management company.
Nesbitt Realty keeps an accounting 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 or condo association. If the tenant has violated homeowner's association (or condo association) rules, we give notice to the tenant and take steps to put your tenant in compliance. We keep you apprised of notices and necessary actions.
Nesbitt Realty ensures that your rental property complies with state laws, local Cameron Homes ordinances, licensing requirements, association rules, Fair Housing laws, insurance requirements, IRS requirements.
Nesbitt Realty manages and dispatches handymen as needed. We aim to have work done in a timely fashion at a price and quality acceptable to the real estate investor.
Nesbitt Realty inspects the property 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.
Cameron Homes Property Management Resources
Do you want understand more about our community?
Our Guide to Real Estate is a handy resource for anyone who hopes to investigate real estate facts about Cameron Homes and surrounding areas. The Guide to Real Estate provides information regarding what has sold and what is currently listed, as well as a couple of surprising facts that you might not know. Not to mention, our Guide has quite a few of the fundamentals of living in Cameron Homes. Of course, most of this is useful for buyers and sellers, but property owners and tenants might also find this information to be quite informative.
If you've never employed a rental property management company in Cameron Homes before, you may want to learn as much as possible about management and what rental property managers actually do. Feel free to call and discuss 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.