What do property management companies in Clarendon_fairlington_meadows do?
If this is your first-time considering hiring a rental property manager, you should want to know more about what exactly rental property managers do. If this free reference doesn't answer all your questions, we're always will to provide more information.
Collect Rents
Nesbitt Realty deposits funds from rent into an escrow account and from that account we disburse funds to pay bills, income to the landlord and fees to the rental property management company.
Keep Records
Nesbitt Realty keeps an accounting of all money and receipts. We send monthly statements to the real estate investor 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 your renter is in violation of HOA/COA rules, we give written notice to your tenant and take steps to put the renter 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 Clarendon_fairlington_meadows ordinances, licensing requirements, association rules, Fair Housing laws, insurance requirements, IRS requirements.
Manage Upkeep
Nesbitt Realty manages and dispatches maintenance personnel when needed. We try 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 while the lease is active.
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 Clarendon_fairlington_meadows
Clarendon_fairlington_meadows Property Management Resources
Basics
Fundamental info regarding rental managment in Clarendon_fairlington_meadows.
Getting Started
Learn more about getting started with property management
Find A Tenant
List your property to rent to find a great tenant in Clarendon_fairlington_meadows fast.
Accounting
How does Nesbitt Realty keep track of income and expenses for property owners?
Cost
An overview of fees associated with rental management services in Clarendon_fairlington_meadows
Vetting
How Nesbitt Realty vets tenants for our clients.
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 local real estate market?
Our Guide to Real Estate is a helpful tool for everyone who hopes to investigate real estate facts about Clarendon_fairlington_meadows and surrounding communities. The Guide to Real Estate compiles information about what has sold and what is on the market, as well as many compelling facts that you may not know. Furthermore, our Guide has some aspects of living in Clarendon_fairlington_meadows. As might be expected, most of this is helpful for purchasers and sellers, but owners and tenants will probably also find the facts to be somewhat sobering.
More Information
If you've never contracted with a property manager in Clarendon_fairlington_meadows before, you should want to know as much as possible about the process and what 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.