What do property managers in Lyon_Village do?
If this is your first-time hiring a rental property manager, you should want to know more about what exactly rental property management companies do. If this free reference doesn't answer all your questions, we're always happy to provide more information.
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 manager.
Keep Records
Nesbitt Realty keeps a record of all money and receipts. 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 necessary, your manager will deal with HOA/COA. If your renter is in violation of homeowner's association (or condo association) covenants, we provide official notice to the renter and take steps to put your 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 Lyon_Village ordinances, licensing requirements, association rules, Fair Housing laws, insurance requirements, IRS requirements.
Manage Maintenance
Nesbitt Realty manages and dispatches handymen when needed. We try to get work done in a timely fashion at a price and quality satisfactory to the real estate investor.
Inspections
Nesbitt Realty inspects the rental 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 Lyon_Village
Lyon_Village Property Management Resources
Basics
Basic info about what property management in Lyon_Village.
Getting Started
Learn more about getting started with rental property management
Find A Tenant
Market your property to rent to find a great tenant in Lyon_Village fast.
Accounting
How does Nesbitt Realty keep track of income and expenses for real estate investors?
Cost
An overview of prices of property management services in Lyon_Village
Vetting
How Nesbitt Realty vets renters for landlords.
Reserves
What is a contingency reserve account?
Territory
Where does Nesbitt Realty manage property?
Clients
Who uses Nesbitt Realty management services?
There is a first-time for everyone.
Do you need know more about our community?
Nesbitt Realty's Guide to Real Estate is a free resource for everyone who hopes to review important real estate information about Lyon_Village and nearby communities. The Guide to Real Estate compiles facts about what has sold and what is for sale, and many compelling facts that you may not know. In addition, our Guide spotlights some aspects of life in Lyon_Village. Of course, most of this is useful for purchasers and sellers, but property owners and renters will likely also find the facts to be very eye-opening.
More Information
If you've never used a rental property management company in Lyon_Village before, you should want to learn as much as possible about the process and what property management companies 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.