What do property management companies in North Branch Estates do?
If this is your first-time considering hiring a rental property manager, you might want to understand more about what exactly rental property management companies do. If this handy reference doesn't answer all your questions, we're always happy to provide more information.
Collect Rents
Nesbitt Realty deposits rents 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 manager.
Keep Records
Nesbitt Realty keeps a record 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 necessary, your manager will deal with HOA/COA. If your renter is in violation of homeowner's association (or condo association) covenants, we give written notice to the renter and take steps to put your 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 North Branch Estates ordinances, licensing requirements, association rules, Fair Housing laws, insurance requirements, IRS requirements.
Manage Upkeep
Nesbitt Realty manages and dispatches handymen as required. We aim to get work done in a timely fashion 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 tenant is occupying the property.
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 North Branch Estates
North Branch Estates Property Management Resources
Basics
Elementary information about what management services in North Branch Estates.
Getting Started
Learn more about getting started with rental property management
Find A Tenant
Market your property to rent to find a dependable renter in North Branch Estates fast.
Accounting
How does Nesbitt Realty keep track of income and expenses for landlords?
Cost
A breakdown of fees associated with rental management in North Branch Estates
Vetting
How Nesbitt Realty checks the backgrounds of renters for landlords.
Reserves
What is a contingency reserve account?
Territory
Where does Nesbitt Realty manage rental property?
Clients
Who uses Nesbitt Realty management services?
There is a first-time for everyone.
Do you want know more about the local real estate market?
Nesbitt Realty's Guide to Real Estate is a free resource for everyone who hopes to learn more about North Branch Estates and neighboring communities. The Guide to Real Estate compiles data about what has sold and what is on the market, as well as a couple of shocking facts that you may not be aware of. In addition, our Guide highlights quite a few of the fundamentals of residing in North Branch Estates. Of course, most of this is useful for purchasers and sellers, but rental investors and tenants will probably also find this information to be very sobering.
More Information
If you've never hired a property manager in North Branch Estates before, you will want to understand as much as possible about management and what property management companies really do. Feel free to call and chat 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.