What do rental property managers in Arlington Ridge do?
If this is your first-time hiring a property manager, you should want to learn more about what exactly property management companies do. If this quick reference doesn't answer all your questions, we're always will to help.
Nesbitt Realty deposits 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 property manager.
Nesbitt Realty keeps an accounting of all money 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 required, your manager will deal with HOA/COA. If your renter is in violation of HOA/COA covenants, we provide written notice to your tenant and take steps to put your renter in compliance. We keep you apprised of notices and required actions.
Nesbitt Realty ensures that your rental property complies with state laws, local Arlington Ridge ordinances, licensing requirements, association rules, Fair Housing laws, insurance requirements, IRS requirements.
Nesbitt Realty manages and dispatches handymen as required. We strive to get work done in a timely fashion at a price and quality acceptable to the property owner.
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.
What makes us different from other property managers in Arlington Ridge
Arlington Ridge Property Management Resources
Should you know more about our local real estate market?
Our Guide to Real Estate is a helpful resource for everyone who hopes to find out more about Arlington Ridge and neighboring communities. The Guide to Real Estate provides information about what has sold and what is for sale, as well as a few interesting facts that you might not be aware of. And, our Guide has many of the assets of residing in Arlington Ridge. Of course, all of this is helpful for buyers and sellers, but real estate investors and renters might also find these tools to be quite informative.
If you've never employed a property management company in Arlington Ridge before, you may want to know 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.