What do property management companies in Dundree_Hills_Ths do?
If this is your first-time hiring a property management company, you should want to know more about what exactly property managers do. If this free 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 real estate investor and fees to the property manager.
Keep Records
Nesbitt Realty keeps a record of all income 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 homeowner or condo association. If the tenant has violated homeowner's association (or condo association) rules, we provide notice to the renter and take steps to put your 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 Dundree_Hills_Ths ordinances, licensing requirements, association rules, Fair Housing laws, insurance requirements, IRS requirements.
Handle Repairs
Nesbitt Realty manages and dispatches handymen when required. We aim to get work done in a timely manner at a price and quality acceptable 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 during tenancy.
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 Dundree_Hills_Ths
Dundree_Hills_Ths Rental Management Resources
Basics
Basic information regarding rental managment in Dundree_Hills_Ths.
Getting Started
Learn more about getting started with property management
Find A Tenant
List your property to rent to find a great tenant in Dundree_Hills_Ths fast.
Accounting
How does Nesbitt Realty keep track of income and expenses for landlords?
Cost
A breakdown of prices of rental management services in Dundree_Hills_Ths
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.
Should you know more about the local real estate market?
Nesbitt Realty's Guide to Real Estate is a helpful resource for anyone who wants to learn more about Dundree_Hills_Ths and neighboring areas. The Guide to Real Estate compiles information regarding what has sold and what is on the market, as well as a couple of shocking facts that you might not be aware of. And, our Guide spotlights some aspects of living in Dundree_Hills_Ths. As might be expected, all of this is helpful for purchasers and sellers, but owners and tenants will also find this information to be very useful.
More Information
If you've never used a property manager in Dundree_Hills_Ths before, you will want to learn as much as possible about the process and what rental 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.