What do rental property management companies in Potomac Shores do?
If this is your first-time hiring a rental property manager, you should want to know more about what exactly rental property managers do. If this reference doesn't answer all your questions, we're always happy 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 property owner and fees to the property management company.
Keep Records
Nesbitt Realty keeps a record of all income and payables. 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, we deal with HOA/COA. If your renter has violated HOA/COA covenants, we give notice to the renter and take steps to put your tenant 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 Potomac Shores ordinances, licensing requirements, association rules, Fair Housing laws, insurance requirements, IRS requirements.
Handle Maintenance
Nesbitt Realty manages and dispatches maintenance personnel as required. We strive to have work done in a prompt manner at a price and quality satisfactory to the landlord.
Inspections
Nesbitt Realty inspects the property at the time of move-in at the time of move-out and from time-to-time during tenancy.
Provide a Level of Separation
This is the one duty that no landlord 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 Potomac Shores
Potomac Shores Property Management Resources
Basics
Basic information regarding property management in Potomac Shores.
Getting Started
Learn more about getting started with property management
Find A Tenant
List your property to rent to find a dependable renter in Potomac Shores fast.
Accounting
How does Nesbitt Realty keep track of income and expenses for property owners?
Cost
A list of fees associated with rental management services in Potomac Shores
Vetting
How Nesbitt Realty vets tenants for landlords.
Reserves
What is a contingency reserve account?
Territory
Where does Nesbitt Realty manage rentals?
Clients
Who uses Nesbitt Realty management services?
Do you want know more about this local real estate market?
Our Guide to Real Estate is a helpful resource for everyone who needs to learn more about Potomac Shores and neighboring communities. The Guide to Real Estate compiles data regarding what has sold and what is on the market, and many shocking facts that you might not be aware of. Furthermore, our Guide highlights quite a few of the benefits of residing in Potomac Shores. As might be expected, most of this is helpful for buyers and sellers, but property owners and renters will likely also find this information to be quite useful.
More Information
If you've never employed a rental property manager in Potomac Shores before, you will want to know 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.