What do property managers in Rosslyn do?
If this is your first-time considering hiring a property management company, you should want to learn more about what exactly rental property management companies do. If this handy reference doesn't answer all your questions, we're always eager to help.
Nesbitt Realty puts 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.
Nesbitt Realty keeps an accounting 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, we deal with HOA/COA. If the tenant has violated homeowner or condo association rules, we provide official notice to your renter and take steps to put your renter in compliance. We keep you apprised of notices and necessary actions.
Nesbitt Realty ensures that your rental property complies with state laws, local Rosslyn ordinances, licensing requirements, association rules, Fair Housing laws, insurance requirements, IRS requirements.
Nesbitt Realty manages and dispatches maintenance personnel when required. We strive to get work done in a prompt manner at a price and quality satisfactory to the real estate investor.
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.
What makes us different from other property managers in Rosslyn
Rosslyn Rental Management Resources
Should you understand more about this community?
Our Guide to Real Estate is a handy resource for anyone who needs to investigate real estate facts about Rosslyn and neighboring communities. The Guide to Real Estate provides facts about what has sold and what is currently listed, as well as a few surprising facts that you may not know. Furthermore, our Guide features some aspects of life in Rosslyn. As a matter of course, all of this is useful for buyers and sellers, but owners and tenants should also find this information to be somewhat useful.
If you've never contracted with a property manager in Rosslyn before, you should want to know as much as possible about management and what rental property managers actually do. Feel free to call and talk 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.