What do rental property managers in Balmoral_Condominium do?
If this is your first-time looking at hiring a rental property manager, you should want to understand more about what exactly property managers do. If this reference doesn't answer all your questions, we're always happy to help.
Collect Rents
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 manager.
Keep Records
Nesbitt Realty keeps an accounting 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 homeowner or condo association covenants, we provide notice to the tenant and take steps to put the renter 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 Balmoral_Condominium ordinances, licensing requirements, association rules, Fair Housing laws, insurance requirements, IRS requirements.
Handle Repairs
Nesbitt Realty manages and dispatches handymen as needed. We try to have work done in a prompt fashion at a price and quality satisfactory to the real estate investor.
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 tenant is occupying the property.
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 Balmoral_Condominium
Balmoral_Condominium Rental Management Resources
Basics
Elementary information regarding property management in Balmoral_Condominium.
Getting Started
Learn more about getting started with property management
Find A Tenant
Market your property to rent to find a reliable renter in Balmoral_Condominium fast.
Accounting
How does Nesbitt Realty keep track of income and expenses for landlords?
Cost
A breakdown of prices of rental management services in Balmoral_Condominium
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 want know more about the area?
Nesbitt Realty's Guide to Real Estate is a free tool for everyone who wants to learn more about Balmoral_Condominium and surrounding communities. The Guide to Real Estate provides facts about what has sold and what is currently listed, as well as some compelling facts that you might not know. Furthermore, our Guide highlights quite a few of the benefits of life in Balmoral_Condominium. Of course, all of this is useful for buyers and sellers, but real estate investors and renters will likely also find these resources to be very edifying.
More Information
If you've never used a property management company in Balmoral_Condominium before, you should want to know as much as possible about management and what property management companies really 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.