What do rental property management companies in Alcova_Row do?
If this is your first-time considering hiring a rental property management company, you might want to understand more about what exactly property management companies do. If this quick reference doesn't answer all your questions, we're always eager to provide more information.
Collect Rents
Nesbitt Realty puts rents into an escrow account and from that account we disburse funds to pay bills, income to the real estate investor and fees to the rental property management company.
Keep Records
Nesbitt Realty keeps an accounting of all income and payables. 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, your manager will deal with homeowner or condo association. If your renter has violated homeowner or condo association covenants, we give official notice to your renter and take steps to put your tenant 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 Alcova_Row ordinances, licensing requirements, association rules, Fair Housing laws, insurance requirements, IRS requirements.
Handle Maintenance
Nesbitt Realty manages and dispatches handymen when needed. We try to have work done in a timely fashion at a price and quality acceptable 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 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.
Our Differentiators
What makes us different from other property managers in Alcova_Row
Alcova_Row Property Management Resources
Basics
Basic info about what management services in Alcova_Row.
Getting Started
Learn more about getting started with property management
Find A Tenant
List your property to rent to find a great tenant in Alcova_Row fast.
Accounting
How does Nesbitt Realty keep track of income and expenses for property owners?
Cost
An overview of fees associated with property management services in Alcova_Row
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?
There is a first-time for everyone.
Should you understand more about this area?
Nesbitt Realty's Guide to Real Estate is a handy tool for everyone who needs to learn more about Alcova_Row and neighboring areas. The Guide to Real Estate has facts about what has sold and what is on the market, and some surprising facts that you might not be aware of. Not to mention, our Guide spotlights some fundamentals of life in Alcova_Row. Definitely, most of this is interesting for buyers and sellers, but property owners and renters should also find the facts to be very edifying.
More Information
If you've never contracted with a property manager in Alcova_Row before, you should want to learn as much as possible about management and what rental property managers really 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.