What do property managers in Ballston_Row do?
If this is your first-time hiring a rental property manager, you should want to understand more about what exactly property management companies do. If this quick reference doesn't answer all your questions, we're always will to help.
Collect Rents
Nesbitt Realty puts funds from rent into an escrow account and from that account we disburse funds to pay bills, income to the real estate investor and fees to the property manager.
Keep Records
Nesbitt Realty keeps a record of all money 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 necessary, your manager will deal with homeowner or condo association. If the tenant is in violation of homeowner or condo association rules, we provide notice to the tenant and take steps to put the 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 Ballston_Row ordinances, licensing requirements, association rules, Fair Housing laws, insurance requirements, IRS requirements.
Manage Repairs
Nesbitt Realty manages and dispatches handymen as needed. We aim to have work done in a prompt manner at a price and quality acceptable 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 while the lease is active.
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.
Our Differentiators
What makes us different from other property managers in Ballston_Row
Ballston_Row Property Management Resources
Basics
Elementary info regarding property management in Ballston_Row.
Getting Started
Learn more about getting started with property management
Find A Tenant
Market your property to rent to find a great renter in Ballston_Row fast.
Accounting
How does Nesbitt Realty keep track of income and expenses for real estate investors?
Cost
A list of prices of rental management in Ballston_Row
Vetting
How Nesbitt Realty checks the backgrounds of tenants for property owners.
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 know more about the area?
Our Guide to Real Estate is a helpful tool for anyone who needs to find out more about Ballston_Row and nearby areas. The Guide to Real Estate compiles data regarding what has sold and what is currently listed, and some interesting facts that you may not know. Not to mention, our Guide has quite a few of the assets of residing in Ballston_Row. Of course, all of this is useful for purchasers and sellers, but real estate investors and tenants will likely also find these tools to be somewhat enlightening.
More Information
If you've never employed a property manager in Ballston_Row before, you may want to understand as much as possible about the process and what rental property management companies actually 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.