What do rental property management companies in Lexington_Sq do?
If this is your first-time hiring a rental property management company, you might want to know more about what exactly property managers do. If this free reference doesn't answer all your questions, we're always will 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 rental property manager.
Keep Records
Nesbitt Realty keeps a record of all income and receipts. 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, we deal with homeowner or condo association. If the tenant is in violation of HOA/COA covenants, we provide official notice to the tenant 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 Lexington_Sq ordinances, licensing requirements, association rules, Fair Housing laws, insurance requirements, IRS requirements.
Manage Repairs
Nesbitt Realty manages and dispatches handymen when needed. We aim to get work done in a prompt fashion 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 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 Lexington_Sq
Lexington_Sq Property Management Resources
Basics
Basic information regarding property management in Lexington_Sq.
Getting Started
Learn more about getting started with property management
Find A Tenant
List your property to rent to find a dependable renter in Lexington_Sq fast.
Accounting
How does Nesbitt Realty keep track of income and expenses for property owners?
Cost
A breakdown of prices of rental management services in Lexington_Sq
Vetting
How Nesbitt Realty vets renters for property owners.
Reserves
What is a contingency reserve account?
Territory
Where does Nesbitt Realty manage rental investments?
Clients
Who uses Nesbitt Realty management services?
Do you want understand more about the community?
Our Guide to Real Estate is a free tool for anyone who needs to review important real estate information about Lexington_Sq and nearby communities. The Guide to Real Estate has data about what has sold and what is for sale, and a couple of interesting facts that you may not be aware of. Furthermore, our Guide features some assets of living in Lexington_Sq. Certainly, all of this is useful for purchasers and sellers, but landlords and renters should also find these resources to be somewhat informative.
More Information
If you've never contracted with a rental property management company in Lexington_Sq before, you may want to know as much as possible about management and what property managers 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.